Shore Bancshares (SHBI) 10-Q 15 May 23 2023 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 11, 2023
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	0-22345
Entity Registrant Name	SHORE BANCSHARES INC
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	52-1974638
Entity Address, Address Line One	18 E. Dover Street
Entity Address, City or Town	Easton
Entity Address, State or Province	MD
Entity Address, Postal Zip Code	21601
City Area Code	410
Local Phone Number	763-7800
Title of 12(b) Security	Common Stock
Trading Symbol	SHBI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		19,897,410
Entity Central Index Key	0001035092
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 23,863	$ 37,661
Interest-bearing deposits with other banks	13,846	17,838
Cash and cash equivalents	37,709	55,499
Investment securities:
Available-for-sale, at fair value (amortized cost of $92,754 (2023) and $95,999 (2022))	81,525	83,587
Held to maturity, net of allowance for credit losses of $163 (2023) (fair value of $491,116 (2023) and $494,627 (2022))	549,096	559,455
Equity securities, at fair value	1,258	1,233
Restricted securities, at cost	15,067	11,169
Loans held for sale, at fair value	3,514	4,248
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	2,668,681	14,922
Less: allowance for credit losses	(28,464)	(16,643)
Loans, net	2,640,217
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		2,556,107
Less: allowance for credit losses		(16,643)
Loans, net		2,539,464
Premises and equipment, net	50,516	51,488
Goodwill	63,266	63,266
Other intangible assets, net	5,106	5,547
Other real estate owned, net	179	197
Mortgage servicing rights, at fair value	5,310	5,275
Right-of-use assets	9,344	9,629
Cash surrender value on life insurance	59,711	59,218
Other assets	31,876	28,001
TOTAL ASSETS	3,553,694	3,477,276
Deposits:
Noninterest-bearing	808,679	862,015
Interest-bearing	2,185,883	2,147,769
Total deposits	2,994,562	3,009,784
Advances from FHLB - short-term	131,500	40,000
Subordinated debt	43,150	43,072
Total borrowings	174,650	83,072
Lease liabilities	9,642	9,908
Other liabilities	13,202	10,227
TOTAL LIABILITIES	3,192,056	3,112,991
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock, par value $.01 per share; shares authorized - 35,000,000; shares issued and outstanding - 19,898,388 (2023) and 19,864,956 (2022)	199	199
Additional paid in capital	201,736	201,494
Retained earnings	167,864	171,613
Accumulated other comprehensive loss	(8,161)	(9,021)
TOTAL STOCKHOLDERS' EQUITY	361,638	364,285
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 3,553,694	$ 3,477,276

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
CONSOLIDATED BALANCE SHEETS
Available-for-sale securities, Amortized Cost	$ 92,754
Available-for-sale securities, Amortized Cost	92,754	$ 95,999
Held to maturity, allowance for credit losses	163
Investment securities held to maturity	491,116	494,627
Loans fair value	$ 9,526	$ 8,437
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	35,000,000	35,000,000
Common stock, shares, issued	19,898,388	19,864,956
Common stock, shares outstanding	19,898,388	19,864,956

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
INTEREST INCOME
Interest and fees on loans	$ 30,828	$ 22,085
Interest and dividends on investment securities:
Interest and dividends on taxable investment securities	4,064	1,985
Interest and dividends on tax-exempt investment securities	7
Interest on deposits with other banks	163	254
Total interest income	35,062	24,324
INTEREST EXPENSE
Interest on deposits	7,281	1,358
Interest on short-term borrowings	1,361	2
Interest on long-term borrowings	756	534
Total interest expense	9,398	1,894
NET INTEREST INCOME	25,664	22,430
Provision for credit losses	1,213	600
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	24,451	21,830
NONINTEREST INCOME
Service charges on deposit accounts	1,213	1,359
Trust and investment fee income	432	514
Interchange credits	1,212	1,038
Mortgage-banking revenue	977	1,867
Title Company revenue	137	323
Other noninterest income	1,363	945
Total noninterest income	5,334	6,046
NONINTEREST EXPENSE
Salaries and wages	8,684	9,562
Employee benefits	2,921	2,662
Occupancy expense	1,619	1,567
Furniture and equipment expense	534	429
Data processing	1,798	1,607
Directors' fees	250	190
Amortization of other intangible assets	441	517
FDIC insurance premium expense	371	343
Other real estate owned expenses, net	(1)	(6)
Legal and professional fees	750	637
Merger-related expenses	691	730
Other noninterest expenses	2,835	2,094
Total noninterest expense	20,893	20,332
Income before income taxes	8,892	7,544
Income tax expense	2,435	1,931
NET INCOME	$ 6,457	$ 5,613
Earnings per common share - Basic and diluted
Basic net income per common share	$ 0.32	$ 0.28
Diluted net income per common share	0.32	0.28
Dividends paid per common share	$ 0.12	$ 0.12

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 6,457	$ 5,613
Investment securities:
Unrealized holding gains/(losses) on available-for-sale-securities	1,183	(3,065)
Tax effect	(323)	837
Total other comprehensive income (loss)	860	(2,228)
Comprehensive income	$ 7,317	$ 3,385

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid in Capital	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	Retained Earnings	Accumulated Other Comprehensive Income (loss)	Cumulative Effect, Period of Adoption, Adjustment	Total
Balances at Dec. 31, 2021	$ 198	$ 200,473		$ 149,966	$ 56		$ 350,693
Net income				5,613			5,613
Other comprehensive income (loss)					(2,228)		(2,228)
Common shares issued for employee stock purchase plan		37					37
Stock-based compensation		130					130
Cash dividends declared				(2,381)			(2,381)
Balances at Mar. 31, 2022	198	200,640		153,198	(2,172)		351,864
Balances (Accounting Standards Update 2016-13) at Dec. 31, 2022			$ (7,818)			$ (7,818)
Balances at Dec. 31, 2022	199	201,494		171,613	(9,021)		364,285
Net income				6,457			6,457
Other comprehensive income (loss)					860		860
Common shares issued for employee stock purchase plan		87					87
Stock-based compensation		155					155
Cash dividends declared				(2,388)			(2,388)
Balances at Mar. 31, 2023	$ 199	$ 201,736		$ 167,864	$ (8,161)		$ 361,638

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 6,457	$ 5,613
Adjustments to reconcile net income to net cash provided by operating activities:
Net accretion of acquisition accounting estimates	(646)	(525)
Provision for credit losses	1,213	600
Depreciation and amortization	1,383	1,558
Net amortization of securities	249	454
Amortization of debt issuance costs	31	31
(Gain) on mortgage banking activities	(719)	(1,679)
Proceeds from sale of mortgage loans held for sale	21,947	66,560
Originations of loans held for sale	(20,710)	(41,165)
Stock-based compensation expense	155	130
Deferred income tax expense (benefit)	(126)	29
(Gains) loss on valuation adjustments on mortgage servicing rights	82	(554)
Valuation adjustments on premises transferred to held for sale	225
Losses on sales and valuation adjustments on other real estate owned	(3)	(9)
Fair value adjustments on loans held for investments, at fair value	(195)
Fair value adjustment on equity securities	(17)	70
Bank owned life insurance income	(364)	(193)
Net changes in:
Accrued interest receivable	1,291	(545)
Other assets	(1,408)	(976)
Accrued interest payable	320	(323)
Other liabilities	2,055	(3,877)
Net cash provided by operating activities	11,220	25,199
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities and principal payments of investment securities available for sale	3,175	7,049
Proceeds from maturities and principal payments of investment securities held to maturity	10,017	11,268
Purchases of securities held to maturity		(14,093)
Purchases of equity securities	(8)	(3)
Purchase of restricted securities	(11,421)	(5,735)
Net change in loans	(111,681)	(61,201)
Purchases of premises and equipment	(619)	(974)
Proceeds from sales of other real estate owned	21	83
Improvements to other real estate owned		(34)
Redemption of restricted securities	7,523
Purchases of bank owned life insurance	(129)	(10,058)
Net cash (used in) investing activities	(103,122)	(73,698)
CASH FLOWS FROM FINANCING ACTIVITIES:
Noninterest-bearing deposits	(53,336)	(51,082)
Interest-bearing deposits	38,249	93,431
Short-term borrowings	91,500	(4,143)
Common stock dividends paid	(2,388)	(2,381)
Issuance of common stock	87	37
Net cash provided by financing activities	74,112	35,862
Net (decrease) in cash and cash equivalents	(17,790)	(12,637)
Cash and cash equivalents at beginning of period	55,499	583,613
Cash and cash equivalents at end of period	37,709	570,976
Supplemental cash flows information:
Interest paid	12,711	2,270
Income taxes paid	215
Recognition (remeasurement of) lease liabilities arising from right-of-use assets	(5)	(728)
Transfer of premises to held for sale and included in other assets	750
Transfers from loans to other real estate owned		69
Unrealized gain (loss) on securities available for sale	$ 1,183	$ (3,065)

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Basis of Presentation
Basis of Presentation	Note 1 – Basis of Presentation ​ The consolidated financial statements include the accounts of Shore Bancshares, Inc. and its subsidiaries with all significant intercompany transactions eliminated. The consolidated financial statements conform to accounting principles generally accepted in the United States of America (“GAAP”) and to prevailing practices within the banking industry. The accompanying interim financial statements are unaudited; however, in the opinion of management all adjustments necessary to present fairly the consolidated financial position at March 31, 2023, the consolidated results of income and comprehensive income for the three months ended March 31, 2023 and 2022, changes in stockholders’ equity for the three months ended March 31, 2023 and 2022 and cash flows for the three months ended March 31, 2023 and 2022, have been included. All such adjustments were of a normal recurring nature. The amounts as of December 31, 2022 were derived from the 2022 audited financial statements. The results of operations for the three months ended March 31, 2023 are not necessarily indicative of the results to be expected for any other interim period or for the full year. This Quarterly Report on Form 10-Q should be read in conjunction with the Annual Report of Shore Bancshares, Inc. on Form 10-K for the year ended December 31, 2022. For purposes of comparability, certain immaterial reclassifications have been made to amounts previously reported to conform with the current period presentation. When used in these notes, the term “the Company” refers to Shore Bancshares, Inc. and, unless the context requires otherwise, its consolidated subsidiaries, Shore United Bank, N.A. (the “Bank”) and Mid-Maryland Title Company, Inc. (the “Title Company”). ​ Pending Recent Accounting Standards ​ ASU No. 2022-03 - In June 2022, the (FASB) issued (ASU) No. 2022-03, “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”. ASU 2022-03 clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The ASU is effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2023. Early adoption is permitted. The Company does not expect the adoption of ASU 2022-03 to have a material impact on its consolidated financial statements.

Adoption of Accounting Standard

Adoption of Accounting Standards	12 Months Ended
	Dec. 31, 2022
Adoption of Accounting Standards
Adoption of Accounting Standards	Note 2 – Adoption of Accounting Standards ​ On January 1, 2023, the Company adopted Accounting Standards Updates (ASU) 2016-13 “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” ASU 2018-19, “Codification Improvements to Topic 326, Financial Instruments – Credit Losses,” ASU 2019-04, “Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments,” ASU 2019-05, “Financial Instruments – Credit Losses (Topic 326): Targeted Transition Relief,” ASU 2019-10, “Financial instruments – Credit losses (Topic 326), Derivatives and hedging (Topic 815), and Leases (Topic 842) – Effective dates,” ASU 2019-11, “Codification Improvements to Topic 326, Financial Instruments – Credit Losses,” ASU 2020-02, “Financial Instruments – Credit Losses (Topic 326) and Leases (Topic 842),” ASU 2020-03, “Codification Improvements to Financial Instruments” and ASU 2022-02, “Financial Instruments – Credit Losses (Topic 326) – Troubled Debt Restructurings and Vintage Disclosures” (collectively, ASC 326). The significant impacts of adopting these standards and related updates to the Company’s accounting policies are discussed below. ​ ASC 326 requires entities to estimate an allowance for credit losses (ACL) on certain types of financial instruments measured at amortized cost using a current expected credit losses (CECL) methodology, replacing the incurred loss methodology from prior GAAP. It also applies to unfunded commitments to extend credit, including loan commitments, standby letters of credit, and other similar instruments. The impairment model for available-for-sale debt securities was modified and ASC 326 also provided for a simplified accounting model for purchased financial assets with credit deterioration since their origination. Additionally, the measurement principles for modifications of loans to borrowers experiencing financial difficulty were modified, including how the ACL is measured for such loans. ​ The amendments of ASC 326, upon adoption, were applied on a modified retrospective basis, by recording an increase in the reported balance of loans and the allowance for credit losses on loans, an increase in the liability for credit losses on commitments to extend credit and reducing total equity of both the Company and the Bank. As a result of adopting ASC 326, the Company recorded a decrease to opening retained earnings, net of taxes, of approximately $7.8 million. ​ ASC 326 also replaced the Company’s previous accounting policies for purchased credit-impaired (PCI) loans and troubled-debt restructurings (TDRs). With the adoption of ASC 326, loans previously designated as PCI loans were designated as purchased loans with credit deterioration (PCD loans). The Company adopted ASC 326 using the prospective transition approach for PCD loans that were previously identified as PCI and accounted for under ASC 310-30. On January 1, 2023, the Corporation’s PCD loans were adjusted to reflect the addition of expected credit losses to the amortized cost basis of the loans and a corresponding increase to the ACL. The remaining noncredit discount, which represents the difference between the adjusted amortized cost basis and the outstanding principal balance on PCD loans, will be accreted into interest income over the estimated remaining lives of the loans using the effective interest rate method. The evaluation of the ACL will include PCD loans together with other loans that share similar risk characteristics, rather than using the separate pools that were used under PCI accounting, unless the loans are specifically identified for individual evaluation under our CECL methodology. The adoption of ASC 326 also replaced previous TDR accounting guidance, and the evaluation of the ACL will include loans previously designated as TDRs together with other loans that share similar risk characteristics, unless the loans are specifically identified for individual evaluation under our CECL methodology. ​ The following table shows the impact of the Company's adoption of ASC 326 on loans, the allowance for credit losses, and the Company’s reserve for unfunded commitments: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ January 1, 2023 ​ ​ As Reported Under ​ Pre-ASC 326 ​ ​ ​ (Dollars in thousands) ASC 326 Adoption ​ Change Total Loans, gross ​ $ 2,556,267 ​ $ 2,556,107 ​ $ 160 Allowance for credit losses ​ ​ (27,434) ​ (16,643) ​ (10,791) Total loans, net ​ $ 2,528,833 ​ $ 2,539,464 ​ $ (10,631) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: Reserve for Unfunded Commitments ​ $ 581 ​ $ 316 ​ $ 265 ​ The following accounting policies have been updated in connection with the adoption of ASC 326 and apply to periods beginning after December 31, 2022. Accounting policies applying to prior periods are described in the 2022 Annual Report, as discussed above. ​ Investments in Debt Securities ​ Investments in debt securities are classified as either held to maturity, available for sale, or trading, based on management’s intent. Currently, the Company has classified its debt securities within the available for sale and held to maturity classifications. Debt securities purchased with the positive intent and ability to hold to maturity are classified as held to maturity and are recorded at amortized cost, net of any ACL. Debt securities not classified as held to maturity are classified as available for sale and are carried at estimated fair value with the corresponding unrealized gains and losses recognized in other comprehensive income (loss). ​ Gains or losses are recognized in net income on the trade date using the amortized cost of the specific security sold. Purchase premiums are recognized in interest income using the effective interest rate method over the period from purchase to maturity or, for callable securities, the earliest call date, and purchase discounts are recognized in the same manner from purchase to maturity. ​ The Company has elected to exclude accrued interest receivable from the amortized cost basis and fair value of its held to maturity and available for sale debt securities and has included such accrued interest of $1.8 million at March 31, 2023 within the other assets line item of the Consolidated Balance Sheets. ​ The Company estimates an ACL for held to maturity debt securities on a collective basis by major security type and standard credit rating. Certain securities in our held to maturity securities portfolio are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major rating agencies and have a long history of no credit losses. With respect to these securities, we consider the risk of credit loss to be zero and, therefore, we do not record an ACL. The estimate of an ACL on our held to maturity securities that are not guaranteed by the U.S. government considers historical credit loss information and severity of loss in the event of default and leverages external data. No ACL is recorded on accrued interest receivable and amounts written-off are reversed by an adjustment to interest income. ​ An ACL on held to maturity debt securities that do not share common risk characteristics with our collective portfolio are individually measured based on net realizable value, or the difference between the discounted value of the expected future cash flows and the recorded amortized cost basis of the security. ​ For debt securities available for sale, impairment is recognized in its entirety in net income if either (i) we intend to sell the security or (ii) it is more-likely-than-not that we will be required to sell the security before recovery of its amortized cost basis. If, however, the Company does not intend to sell the security and it is not more-likely-than-not that the Company will be required to sell the security before recovery, the Company evaluates unrealized losses to determine whether a decline in fair value below amortized cost basis is a result of a credit loss, which occurs when the amortized cost basis of the security exceeds the present value of the cash flows expected to be collected from the security, or other factors such as changes in market interest rates. If a credit loss exists, an allowance for credit losses is recorded that reflects the amount of the impairment related to credit losses, limited by the amount by which the specific security’s amortized cost basis exceeds its fair value. Changes in the allowance for credit losses are recorded in net income in the period of change and are included in provision for credit losses. Changes in the fair value of debt securities available for sale not resulting from credit losses are recorded in other comprehensive income (loss). The Company regularly reviews unrealized losses in its investments in securities and cash flows expected to be collected from impaired securities based on criteria including the extent to which market value is below amortized cost, the financial health of and specific prospects for the issuer, the Company’s intention with regard to holding the security to maturity and the likelihood that the Company would be required to sell the security before recovery. ​ Loans Held for Investment ​ The Company’s recorded investment in loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally is reported at the unpaid principal balances adjusted for charges-offs, unearned discounts, any deferred fees or costs on originated loans, and the allowance for credit losses. The Company has elected to exclude accrued interest receivable from the amortized cost basis of its loans held for investment and has included such accrued interest of $6.2 million at March 31, 2023 within the other assets ​ Loans acquired in a business combination are recorded at estimated fair value on the date of acquisition. In the case of loans that have experienced more than insignificant deterioration in credit quality since origination as of the acquisition date, the loan’s amortized cost basis is increased above estimated fair value by the amount of expected credit losses as of the acquisition date, and a corresponding allowance for credit losses is also recorded. Any remaining non-credit discount or premium for such purchased loans with credit deterioration (PCD loans) and any fair value discount or premium for non-PCD loans is accreted or amortized as an adjustment to yield over the estimated lives of the loans using the level-yield method. ​ A loan’s past due status is based on the contractual due date of the most delinquent payment due. Loans are generally placed on nonaccrual status when the collection of principal or interest is 90 days or more past due, or earlier, if collection is uncertain. Any accrued interest receivable on loans placed on nonaccrual status is reversed by an adjustment to interest income. Loans greater than 90 days past due may remain on accrual status if management determines it has adequate collateral to cover the principal and interest. Interest payments received on nonaccrual loans are applied as a reduction of the loan principal balance unless collectability of the principal amount is reasonably assured, in which case interest is recognized on a cash basis. A loan may be returned to accrual status if the borrower has demonstrated a sustained period of repayment performance in accordance with the contractual terms of the loan and there is reasonable assurance the borrower will continue to make payments as agreed. ​ In the ordinary course of business, the Company has entered into commitments to extend credit and standby letters of credit. Such financial instruments are recorded in the Consolidated Balance Sheets when they are funded. ​ In the normal course of banking business, risks related to specific loan categories are as follows: Construction loans – Construction loans are offered primarily to builders and individuals to finance the construction of single-family dwellings. In addition, the Bank periodically finances the construction of commercial projects. Credit risk factors include the borrower’s ability to successfully complete the construction on time and within budget, changing market conditions which could affect the value and marketability of projects, changes in the borrower’s ability or willingness to repay the loan and potentially rising interest rates which can impact both the borrower’s ability to repay and the collateral value. ​ Residential real estate – Residential real estate loans are typically made to consumers and are secured by residential real estate. Credit risk arises from the borrower’s continuing financial stability, which can be adversely impacted by job loss, divorce, illness, or personal bankruptcy, among other factors. Also impacting credit risk would be a shortfall in the value of the residential real estate in relation to the outstanding loan balance in the event of a default or subsequent liquidation of the real estate collateral. Commercial real estate – Commercial real estate loans consist of both loans secured by owner occupied properties and non-owner occupied properties where an established banking relationship exists and involves investment properties for warehouse, retail, and office space with a history of occupancy and cash flow. These loans are subject to adverse changes in the local economy and commercial real estate markets. Credit risk associated with owner occupied properties arises from the borrower’s financial stability and the ability of the borrower and the business to repay the loan. Non-owner occupied properties carry the risk of a tenant’s deteriorating credit strength, lease expirations in soft markets and sustained vacancies which can adversely impact cash flow. Commercial – Commercial loans are secured or unsecured loans for business purposes. Loans are typically secured by accounts receivable, inventory, equipment and/or other assets of the business. Credit risk arises from the successful operation of the business which may be affected by competition, rising interest rates, regulatory changes and adverse conditions in the local and regional economy. Consumer – Consumer loans include installment loans and personal lines of credit. Credit risk is similar to residential real estate loans above as it is subject to the borrower’s continuing financial stability and the value of the collateral securing the loan. ​ ACL on Loans Held for Investment ​ An ACL is estimated on loans held for investment, excluding loans carried at fair value. The ACL on loans is established through charges to earnings in the form of a provision for credit losses. Loan losses are charged against the ACL for the difference between the carrying value of the loan and the estimated net realizable value or fair value of the collateral, if collateral dependent, when management believes that the collectability of the principal is unlikely. Subsequent recoveries, if any, are credited to the allowance. ​ The allowance represents management’s current estimate of expected credit losses over the contractual term of loans held for investment, and is recorded at an amount that, in management’s judgment, reduces the recorded investment in loans to the net amount expected to be collected. No ACL is recorded on accrued interest receivable and amounts written-off are reversed by an adjustment to interest income. Management’s judgment in determining the level of the allowance is based on evaluations of historical loan losses, current conditions and reasonable and supportable forecasts relevant to the collectability of loans. The methodology for estimating the amount reported in the ACL is the sum of two main components, an allowance assessed on a collective basis for pools of loans that share similar risk characteristics and an allowance assessed on individual loans that do not share similar risk characteristics with other loans . ​ Cash flow projections and estimated expected losses on loans which share common risk characteristics are based in part on forecasts of the national unemployment rate that are reasonable and supportable over a twelve month period and incorporated into the estimate of expected credit losses using a statistical regression analysis. For periods beyond those for which reasonable and supportable forecasts are available, projections are based on a reversion of the national unemployment rate from the last forecast to a historical average level over the following twelve months. ​ Management’s estimate of the allowance for credit losses on loans that are collectively evaluated also includes a qualitative assessment of available information relevant to assessing collectability that is not captured in the quantitative loss estimation process. Factors considered by management include changes in general market, economic and business conditions; the nature and volume of the loan portfolio; the volume and severity of delinquencies and adversely classified loan balances and the value of underlying collateral; and other factors as deemed necessary and appropriate. This evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as more information becomes available. ​ Reserve for Unfunded Commitments ​ The Company records a reserve, reported in other liabilities, for expected credit losses on commitments to extend credit that are not unconditionally cancelable by the Company. The reserve for unfunded commitments is measured based on the principles utilized in estimating the allowance for credit losses on loans and an estimate of the amount of unfunded commitments expected to be advanced. Changes in the reserve for unfunded commitments are recorded through the provision for credit losses. During the three months ended March 31, 2023, the Company recorded no provision for credit losses associated with its unfunded commitments.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Note 3 – Earnings Per Share Basic earnings per common share is calculated by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per common share is calculated by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, adjusted for the dilutive effect of potential common stock equivalents (stock-based awards). The following table provides information relating to the calculation of earnings per common share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ ​ March 31, (In thousands, except per share data) 2023 2022 Net Income ​ $ 6,457 ​ $ 5,613 Weighted average shares outstanding - Basic and Diluted ​ 19,886 ​ 19,828 ​ ​ ​ ​ ​ ​ ​ Earnings per common share - Basic and Diluted ​ $ 0.32 ​ $ 0.28 ​ There were no weighted average common stock equivalents excluded from the calculation of diluted earnings per share for the three months March 31, 2022. There were no potentially dilutive shares outstanding during the three months ended March 31, 2023.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2023
Investment Securities [Abstract]
Investment Securities	Note 4 – Investment Securities On January 1, 2023, the Company adopted ASC 326, which made changes to accounting for available for sale debt securities whereby credit losses should be presented as an allowance, rather than as a write-down when management does not intend to sell and does not believe that it is more likely than not they will be required to sell prior to maturity. In addition, ASC 326 requires an allowance for credit losses to be recorded on held to maturity debt securities measured at amortized cost. All securities information presented as of March 31, 2023 is in accordance with ASC 326. All securities information presented as of December 31, 2022 or a prior date is presented in accordance with previously applicable GAAP. For further discussion on the Corporation’s accounting policies and policy elections related to the accounting standard update refer to Note 2. ​ The following table summarizes the activity in the ACL on held-to-maturity securities: ​ ​ ​ ​ ​ ​ Three Months ended (Dollars in thousands) ​ March 31, 2023 Balance, beginning of period ​ $ — Other debt securities, provision for credit losses ​ ​ 163 Balance, end of period ​ $ 163 ​ The ACL for held-to-maturity securities was initially determined to be immaterial as of the date of adoption of ASC 326. Upon re-estimation in the current period, ACL was recorded based on the results of our calculation as of March 31, 2023. ​ The following tables provide information on the amortized cost and estimated fair values of debt securities. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Estimated ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair (Dollars in thousands) ​ Cost ​ Gains ​ Losses ​ Value Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 21,587 ​ $ 5 ​ $ 3,283 ​ $ 18,309 Mortgage-backed ​ 69,151 ​ 1 ​ 7,779 ​ 61,373 Other debt securities ​ ​ 2,016 ​ ​ — ​ ​ 173 ​ ​ 1,843 Total ​ $ 92,754 ​ $ 6 ​ $ 11,235 ​ $ 81,525 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 21,798 ​ $ 5 ​ $ 3,625 ​ $ 18,178 Mortgage-backed ​ 72,183 ​ 2 ​ 8,666 ​ 63,519 Other debt securities ​ 2,018 ​ — ​ 128 ​ 1,890 Total ​ $ 95,999 ​ $ 7 ​ $ 12,419 ​ $ 83,587 ​ No available for sale securities were sold during the three months ended March 31, 2023 and 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Estimated ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair (Dollars in thousands) ​ Cost ​ Gains ​ Losses ​ Value Held-to-maturity securities: ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 146,699 ​ $ — ​ $ 11,815 ​ $ 134,884 Mortgage-backed ​ ​ 389,924 ​ ​ — ​ ​ 45,379 ​ ​ 344,545 States and political subdivisions ​ 1,473 ​ 54 ​ 13 ​ 1,514 Other debt securities ​ 11,000 ​ — ​ 827 ​ 10,173 Total ​ $ 549,096 ​ $ 54 ​ $ 58,034 ​ $ 491,116 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 148,097 ​ $ — ​ $ 13,601 ​ $ 134,496 Mortgage-backed ​ ​ 398,884 ​ ​ — ​ ​ 50,464 ​ ​ 348,420 States and political subdivisions ​ 1,474 ​ 35 ​ 28 ​ 1,481 Other debt securities ​ 11,000 ​ — ​ 770 ​ 10,230 Total ​ $ 559,455 ​ $ 35 ​ $ 64,863 ​ $ 494,627 ​ Equity securities with an aggregate fair value of $1.3 million at March 31, 2023 and $1.2 million at December 31, 2022 are presented separately on the balance sheet. The fair value adjustment recorded through earnings totaled $17 thousand for the three months ended March 31, 2023 and $(70) thousand for the three months ended March 31, 2022, respectively. ​ Credit Quality Information ​ The Company monitors the credit quality of held-to-maturity securities through credit ratings provided by Standard & Poor’s Rating Services and Moody’s Investor Services. Credit ratings express opinions about the credit quality of a security, and are updated at each quarter end. Investment grade securities are rated BBB- or higher by S&P and Baa3 or higher by Moody’s and are generally considered by the rating agencies and market participants to be of low credit risk. Conversely, securities rated below investment grade, which are labeled as speculative grade by the rating agencies, are considered to have distinctively higher credit risk than investment grade securities. There were no speculative grade held-to-maturity securities at March 31, 2023 or December 31, 2022. Held-to-maturity securities that are not rated are agency mortgage-backed securities sponsored by US government agencies, as well as direct obligations of the agencies, with the remainder being sub-debt of other banks. ​ The following table shows the amortized cost of held-to-maturity securities based on their lowest publicly available credit rating as of March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ Investment Grade (Dollars in thousands) ​ ​ Aaa ​ ​ Aa1 ​ ​ A3 ​ ​ Baa1 ​ ​ Baa2 ​ ​ Baa3 ​ ​ NR U.S. Government agencies ​ $ 137,358 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 9,341 Mortgage-backed ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 389,924 States and political subdivisions ​ ​ — ​ ​ 1,473 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Other debt securities ​ ​ — ​ ​ — ​ ​ 4,000 ​ ​ 4,000 ​ ​ 500 ​ ​ 500 ​ ​ 2,000 Total Held-to Maturity Securities ​ $ 137,358 ​ $ 1,473 ​ $ 4,000 ​ $ 4,000 ​ $ 500 ​ $ 500 ​ $ 401,265 ​ ​ The following tables provide information about gross unrealized losses and fair value by length of time that the individual securities have been in a continuous unrealized loss position at March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than ​ More than ​ ​ ​ ​ ​ ​ ​ ​ 12 Months ​ 12 Months ​ Total ​ Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 1,060 ​ $ 6 ​ $ 16,833 ​ $ 3,277 ​ $ 17,893 ​ $ 3,283 Mortgage-backed ​ 1,754 ​ 32 ​ 59,277 ​ 7,747 ​ 61,031 ​ 7,779 Other debt securities ​ ​ — ​ ​ — ​ ​ 1,843 ​ ​ 173 ​ ​ 1,843 ​ ​ 173 Total ​ $ 2,814 ​ $ 38 ​ $ 77,953 ​ $ 11,197 ​ $ 80,767 ​ $ 11,235 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than ​ More than ​ ​ ​ ​ ​ ​ ​ ​ 12 Months ​ 12 Months ​ Total ​ Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 1,165 ​ $ 4 ​ $ 16,585 ​ $ 3,588 ​ $ 17,750 ​ $ 3,592 Mortgage-backed ​ 29,125 ​ 2,409 ​ 34,167 ​ 6,290 ​ 63,292 ​ 8,699 Other debt securities ​ ​ 1,890 ​ ​ 128 ​ ​ — ​ ​ — ​ ​ 1,890 ​ ​ 128 Total ​ $ 32,180 ​ $ 2,541 ​ $ 50,752 ​ $ 9,878 ​ $ 82,932 ​ $ 12,419 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Held-to-maturity securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 67,332 ​ $ 2,786 ​ $ 67,163 ​ $ 10,815 ​ $ 134,495 ​ $ 13,601 Mortgage-backed ​ ​ 148,771 ​ ​ 9,402 ​ ​ 199,649 ​ ​ 41,062 ​ ​ 348,420 ​ ​ 50,464 States and political subdivisions ​ ​ 780 ​ ​ 28 ​ ​ — ​ ​ — ​ ​ 780 ​ ​ 28 Other debt securities ​ 8,091 ​ 409 ​ 2,139 ​ 361 ​ 10,230 ​ 770 Total ​ $ 224,974 ​ $ 12,625 ​ $ 268,951 ​ $ 52,238 ​ $ 493,925 ​ $ 64,863 ​ There were one hundred fifteen ​ All held-to-maturity and available for sale securities were current with no securities past due or on nonaccrual as of March 31, 2023. ​ The following table provides information on the amortized cost and estimated fair values of investment securities by maturity date at March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available for sale ​ Held to maturity ​ Amortized ​ ​ Amortized ​ ​ (Dollars in thousands) ​ Cost ​ Fair Value ​ Cost ​ Fair Value Due in one year or less ​ $ 46 ​ $ 46 ​ $ 1,061 ​ $ 1,042 Due after one year through five years ​ 7,004 ​ 6,733 ​ 118,384 ​ 111,443 Due after five years through ten years ​ 40,359 ​ 36,068 ​ 65,244 ​ 59,798 Due after ten years ​ 45,345 ​ 38,678 ​ 364,407 ​ 318,833 Total ​ $ 92,754 ​ $ 81,525 ​ $ 549,096 ​ $ 491,116 ​ The maturity dates for debt securities are determined using contractual maturity dates.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2023
Loans and Allowance for Credit Losses [Abstract]
Loans and Allowance for Credit Losses	Note 5 – Loans and Allowance for Credit Losses On January 1, 2023, the Company adopted ASC 326. The measurement of expected credit losses under the CECL methodology is applicable to financial assets measured at amortized cost, including loan receivables. For further discussion on the most significant accounting policies that the Company follows see Note 2 – Adoption of Accounting Standards and Note 1 of the Company’s Annual Report on Form 10-K. All loan information presented as of March 31, 2023 is in accordance with ASC 326. All loan information presented as of December 31, 2022, or a prior date is presented in accordance with previously applicable GAAP. The Company makes residential mortgage, commercial and consumer loans to customers primarily in Anne Arundel County, Baltimore County, Howard County, Kent County, Queen Anne’s County, Caroline County, Talbot County, Dorchester County and Worcester County in Maryland, Kent and Sussex County, Delaware and in Accomack County, Virginia. The following table provides information about the principal classes of the loan portfolio at March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) March 31, 2023 December 31, 2022 Construction ​ $ 250,447 ​ $ 246,319 Residential real estate ​ 866,225 ​ 810,497 Commercial real estate ​ 1,096,937 ​ 1,065,409 Commercial ​ 140,312 ​ 147,856 Consumer ​ 314,760 ​ 286,026 Total loans ​ 2,668,681 ​ 2,556,107 Allowance for credit losses ​ (28,464) ​ (16,643) Total loans, net ​ $ 2,640,217 ​ $ 2,539,464 ​ Loans are stated at their principal amount outstanding net of any purchase premiums/discounts, deferred fees and costs. Included in loans were deferred costs, net of fees, of $1.7 million and $1.4 million at March 31, 2023 and December 31, 2022. At March 31, 2023 and December 31, 2022, included in total loans were $342.8 million and $372.2 million in loans, acquired as part of the acquisition of Severn Bancorp, Inc. (“Severn”), effective October 31, 2021. These balances were presented net of the related discount which totaled $6.0 million and $6.7 million at March 31, 2023 and December 31, 2022, respectively. ​ At March 31, 2023, the Bank was servicing $349.8 million in loans for the Federal National Mortgage Association and $74.9 million in loans for Freddie Mac. ​ The following table provides information on nonaccrual loans by loan class as of March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonaccrual Nonaccrual Loans past due ​ ​ with no ​ with an ​ 90 days or more ​ ​ allowance for ​ allowance for ​ and still (Dollars in thousands) ​ credit loss ​ credit loss ​ accruing March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonaccrual loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 177 ​ $ — ​ $ 24 Residential real estate ​ 1,477 ​ 12 ​ 218 Commercial real estate ​ — ​ — ​ 369 Commercial ​ 167 ​ — ​ — Consumer ​ 37 ​ 24 ​ — Total ​ $ 1,858 ​ $ 36 ​ $ 611 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ — ​ $ — ​ $ 1 ​ The overall quality of the Bank’s loan portfolio is primarily assessed using the Bank’s risk-grading scale. This review process is assisted by frequent internal reporting of loan production, loan quality, concentrations of credit, loan delinquencies and nonperforming and potential problem loans. Credit quality indicators are adjusted based on management’s judgment during the quarterly review process. Loans are graded on a scale of one to ten. Ratings 1 thru 6 – Pass - Ratings 1 thru 6 have asset risks ranging from excellent-low to adequate. The specific rating assigned considers customer history of earnings, cash flows, liquidity, leverage, capitalization, consistency of debt service coverage, the nature and extent of customer relationship and other relevant specific business factors such as the stability of the industry or market area, changes to management, litigation or unexpected events that could have an impact on risks. Rating 7 – Special Mention - These credits have potential weaknesses due to economic conditions, less than adequate earnings performance or other factors which require the lending officer to direct more than normal attention to the credit. Financing alternatives may be limited and/or command higher risk interest rates. Special mention loan relationships are reviewed at least quarterly. Rating 8 – Substandard - Substandard assets are assets that are inadequately protected by the sound worth or paying capacity of the borrower or of the collateral pledged. Substandard loans are the first adversely classified loans on the Bank's watchlist. These assets have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the possibility that the Bank will sustain some loss if the deficiencies are not corrected. Loss potential, while existing in the aggregate amount of substandard assets, does not have to exist in individual assets classified substandard. The loans may have a delinquent history or combination of weak collateral, weak guarantor or operating losses. When a loan is assigned to this category the Bank may estimate a specific reserve in the loan loss allowance analysis and/or place the loan on nonaccrual. These assets listed may include assets with histories of repossessions or some that are non-performing bankruptcies. These relationships will be reviewed at least quarterly. Rating 9 – Doubtful - Doubtful assets have many of the same characteristics of substandard with the exception that the Bank has determined that loss is not only possible but is probable. The amount of loss is not discernible due to factors such as merger, acquisition, or liquidation; a capital injection; a pledge of additional collateral; the sale of assets; or alternative refinancing plans. Credits receiving a doubtful classification are required to be on nonaccrual. These relationships will be reviewed at least quarterly. Rating 10 – Loss – Loss assets are uncollectible or of little value. ​ The following table provides information on loan risk ratings as of March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ ​ ​ ​ Term Loans by Origination Year Revolving converted to ​ (Dollars in thousands) ​ Prior ​ 2019 ​ 2020 ​ 2021 ​ 2022 ​ 2023 ​ loans ​ term loans ​ Total March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 28,379 ​ $ 7,814 ​ $ 16,531 ​ $ 67,810 ​ $ 108,670 ​ $ 20,197 ​ $ 786 ​ $ — ​ $ 250,187 Substandard ​ 236 ​ — ​ — ​ 24 ​ — ​ — ​ — ​ — ​ 260 Total ​ $ 28,615 ​ $ 7,814 ​ $ 16,531 ​ $ 67,834 ​ $ 108,670 ​ $ 20,197 ​ $ 786 ​ $ — ​ $ 250,447 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 226,659 ​ $ 38,023 ​ $ 75,277 ​ $ 175,925 ​ $ 222,994 ​ $ 53,436 ​ $ 70,635 ​ $ — ​ $ 862,949 Special Mention ​ 932 ​ — ​ ​ ​ — ​ — ​ — ​ 256 ​ — ​ 1,188 Substandard ​ 1,964 ​ — ​ — ​ — ​ — ​ — ​ 124 ​ — ​ 2,088 Total ​ $ 229,555 ​ $ 38,023 ​ $ 75,277 ​ $ 175,925 ​ $ 222,994 ​ $ 53,436 ​ $ 71,015 ​ $ — ​ $ 866,225 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 389,646 ​ $ 106,316 ​ $ 155,585 ​ $ 173,010 ​ $ 208,815 ​ $ 49,380 ​ $ 10,047 ​ $ 28 ​ $ 1,092,827 Special Mention ​ 1,762 ​ 142 ​ — ​ 1,535 ​ — ​ — ​ — ​ — ​ 3,439 Substandard ​ 671 ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ 671 Total ​ $ 392,079 ​ $ 106,458 ​ $ 155,585 ​ $ 174,545 ​ $ 208,815 ​ $ 49,380 ​ $ 10,047 ​ $ 28 ​ $ 1,096,937 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 18,465 ​ $ 4,291 ​ $ 11,125 ​ $ 35,137 ​ $ 17,833 ​ $ 1,211 ​ $ 50,327 ​ $ 1,287 ​ $ 139,676 Special Mention ​ — ​ — ​ — ​ 469 ​ — ​ — ​ — ​ — ​ 469 Substandard ​ 167 ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ 167 Total ​ $ 18,632 ​ $ 4,291 ​ $ 11,125 ​ $ 35,606 ​ $ 17,833 ​ $ 1,211 ​ $ 50,327 ​ $ 1,287 ​ $ 140,312 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ (107) ​ $ — ​ $ — ​ $ (107) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 1,060 ​ $ 1,825 ​ $ 19,104 ​ $ 94,357 ​ $ 163,213 ​ $ 34,468 ​ $ 671 ​ $ — ​ $ 314,698 Special Mention ​ — ​ — ​ — ​ — ​ — ​ — ​ 2 ​ — ​ 2 Substandard ​ — ​ 27 ​ — ​ 10 ​ 23 ​ — ​ — ​ — ​ 60 Total ​ $ 1,060 ​ $ 1,852 ​ $ 19,104 ​ $ 94,367 ​ $ 163,236 ​ $ 34,468 ​ $ 673 ​ $ — ​ $ 314,760 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans by risk category ​ $ 669,941 ​ $ 158,438 ​ $ 277,622 ​ $ 548,277 ​ $ 721,548 ​ $ 158,692 ​ $ 132,848 ​ $ 1,315 ​ $ 2,668,681 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ (107) ​ $ — ​ $ — ​ $ (107) ​ ​ The following tables provide information on the aging of the loan portfolio as of March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accruing ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30‑59 days 60‑89 days 90 days or more Total ​ ​ ​ ​ (Dollars in thousands) ​ Current (1) ​ past due ​ past due ​ past due ​ past due ​ Nonaccrual ​ Total March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 249,446 ​ $ 731 ​ $ 69 ​ $ 24 ​ $ 824 ​ $ 177 ​ $ 250,447 ​ Residential real estate ​ 858,389 ​ 5,177 ​ 952 ​ 218 ​ 6,347 ​ 1,489 ​ 866,225 ​ Commercial real estate ​ 1,096,189 ​ 337 ​ 42 ​ 369 ​ 748 ​ — ​ 1,096,937 ​ Commercial ​ 140,096 ​ 45 ​ 4 ​ — ​ 49 ​ 167 ​ 140,312 ​ Consumer ​ 314,039 ​ 633 ​ 27 ​ — ​ 660 ​ 61 ​ 314,760 ​ Total ​ $ 2,658,159 ​ $ 6,923 ​ $ 1,094 ​ $ 611 ​ $ 8,628 ​ $ 1,894 ​ $ 2,668,681 ​ Percent of total loans ​ 99.6 % 0.3 % — % — % 0.3 % 0.1 % 100.0 % (1) Includes loans measured at fair value of $9.5 million at March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accruing ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30‑59 days ​ 60‑89 days ​ 90 days or more ​ Total ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Current (1) ​ past due ​ past due ​ past due ​ past due ​ Nonaccrual ​ PCI ​ Total December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 239,990 ​ $ 4,343 ​ $ 1,015 ​ $ 24 ​ $ 5,382 ​ $ 297 ​ $ 650 ​ $ 246,319 ​ Residential real estate ​ 787,070 ​ 6,214 ​ 891 ​ 1,107 ​ 8,212 ​ 1,259 ​ 13,956 ​ 810,497 ​ Commercial real estate ​ 1,052,314 ​ 369 ​ — ​ 710 ​ 1,079 ​ 150 ​ 11,866 ​ 1,065,409 ​ Commercial ​ 147,511 ​ 15 ​ — ​ — ​ 15 ​ 174 ​ 156 ​ 147,856 ​ Consumer ​ 285,750 ​ 223 ​ 11 ​ — ​ 234 ​ 28 ​ 14 ​ 286,026 ​ Total ​ $ 2,512,635 ​ $ 11,164 ​ $ 1,917 ​ $ 1,841 ​ $ 14,922 ​ $ 1,908 ​ $ 26,642 ​ $ 2,556,107 ​ Percent of total loans ​ 98.3 % 0.4 % 0.1 % 0.1 % 0.6 % 0.1 % 1.0 % 100.0 % (1) Includes loans measured at fair value of $8.4 million at December 31, 2022. ​ The following tables provide a summary of the activity in the allowance for credit losses allocated by loan class for the three months ended March 31, 2023 and March 31, 2022. Allocation of a portion of the allowance to one loan class does not preclude its availability to absorb losses in other loan classes. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential Commercial ​ ​ ​ ​ ​ (Dollars in thousands) ​ Construction ​ real estate ​ real estate ​ Commercial ​ Consumer ​ Total For three months ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning Balance ​ $ 2,973 ​ $ 2,622 ​ $ 4,899 ​ $ 1,652 ​ $ 4,497 $ 16,643 Impact of ASC326 Adoption ​ ​ 1,222 ​ ​ 4,974 ​ ​ 3,742 ​ ​ 401 ​ ​ 452 ​ ​ 10,791 Charge-offs (1) ​ — ​ — ​ — ​ (107) ​ — ​ (107) Recoveries ​ 3 ​ 31 ​ — ​ 53 ​ — ​ 87 Net (charge-offs) recoveries ​ 3 ​ 31 ​ — ​ (54) ​ — ​ (20) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision ​ (1,509) ​ 1,120 ​ 1,217 ​ (139) ​ 361 ​ 1,050 Ending Balance ​ $ 2,689 ​ $ 8,747 ​ $ 9,858 ​ $ 1,860 ​ $ 5,310 $ 28,464 (1) Gross charge-offs of commercial loans for the three months ended March 31, 2023 included $107 of demand deposit overdrafts. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential Commercial ​ ​ ​ ​ ​ (Dollars in thousands) ​ Construction ​ real estate ​ real estate ​ Commercial ​ Consumer ​ Total For three months ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses: ​ ​ ​ ​ ​ ​ Beginning Balance ​ $ 2,454 ​ $ 2,858 ​ $ 4,598 ​ $ 2,070 ​ $ 1,964 ​ $ 13,944 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Charge-offs ​ — ​ — ​ — ​ (92) ​ (16) ​ (108) Recoveries ​ 3 ​ 46 ​ 150 ​ 68 ​ 7 ​ 274 Net (charge-offs) recoveries ​ 3 ​ 46 ​ 150 ​ (24) ​ (9) ​ 166 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision ​ 400 ​ (329) ​ (248) ​ (241) ​ 1,018 ​ 600 Ending Balance ​ $ 2,857 ​ $ 2,575 ​ $ 4,500 ​ $ 1,805 ​ $ 2,973 ​ $ 14,710 ​ There were no modifications to loans for borrowers experiencing financial difficulty (“BEFD”) during the three months ending March 31, 2023. ​ Foreclosure Proceedings There were $39 thousand of consumer mortgage loans collateralized by residential real estate property that were in the process of foreclosure as of March 31, 2023 and $263 thousand as of December 31, 2022, respectively. There were no residential real estate properties included in the balance of other real estate owned at March 31, 2023 and 1 residential real estate property totaling $18 thousand at December 31, 2022. Prior to the adoption of ASC 326 ​ The following table provides information about all loans acquired from Severn as of December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Acquired Loans - ​ Acquired Loans - ​ ​ ​ ​ Purchased ​ Purchased ​ Acquired Loans - (Dollars in thousands) Credit Impaired Performing Total Outstanding principal balance ​ $ 29,620 ​ $ 349,262 ​ $ 378,882 Carrying amount ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 650 ​ $ 18,761 ​ $ 19,411 Residential real estate ​ 13,956 ​ 116,118 ​ 130,074 Commercial real estate ​ 11,866 ​ 174,278 ​ 186,144 Commercial ​ 156 ​ 35,687 ​ 35,843 Consumer ​ 14 ​ 697 ​ 711 Total loans ​ $ 26,642 ​ $ 345,541 ​ $ 372,183 ​ The following table presents a summary of the change in the accretable yield on PCI loans acquired from Severn. ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended (Dollars in thousands) March 31, 2022 Accretable yield, beginning of period ​ $ 5,367 Accretion ​ (394) Reclassification of nonaccretable difference due to improvement in expected cash flows ​ — Other changes, net ​ — Accretable yield, end of period ​ $ 4,973 ​ ​ ​ ​ The following tables include impairment information relating to loans and the allowance for credit losses as of December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential Commercial ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Construction ​ real estate ​ real estate ​ Commercial ​ Consumer ​ Total December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans individually evaluated for impairment ​ $ 331 ​ $ 5,081 ​ $ 2,540 ​ $ 174 ​ $ 28 ​ $ 8,154 Loans collectively evaluated for impairment ​ 236,901 ​ 791,460 ​ 1,051,003 ​ 147,526 ​ 285,984 ​ 2,512,874 Acquired loans - PCI ​ ​ 650 ​ ​ 13,956 ​ ​ 11,866 ​ ​ 156 ​ ​ 14 ​ ​ 26,642 Total loans ​ $ 237,882 ​ $ 810,497 ​ $ 1,065,409 ​ $ 147,856 ​ $ 286,026 ​ $ 2,547,670 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses allocated to: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans individually evaluated for impairment ​ $ — ​ $ 127 ​ $ — ​ $ — ​ $ — ​ $ 127 Loans collectively evaluated for impairment ​ 2,973 ​ 2,495 ​ 4,899 ​ 1,652 ​ 4,497 ​ 16,516 Total allowance ​ $ 2,973 ​ $ 2,622 ​ $ 4,899 ​ $ 1,652 ​ $ 4,497 ​ $ 16,643 (1) Excludes loans measured at fair value of $8.4 million at December 31, 2022. ​ ​ ​ The following tables provide information on impaired loans and any related allowance by loan class as of December 31, 2022. The difference between the unpaid principal balance and the recorded investment is the amount of partial charge-offs that have been taken and interest paid on nonaccrual loans that has been applied to principal. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Recorded Recorded ​ ​ ​ March 31, 2022 ​ ​ Unpaid ​ investment ​ investment ​ ​ ​ ​ Year-to-date ​ Interest ​ ​ principal ​ with no ​ with an ​ Related ​ average recorded ​ income (Dollars in thousands) ​ balance ​ allowance ​ allowance ​ allowance ​ investment ​ recognized December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired nonaccrual loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 297 ​ $ 297 ​ $ — ​ $ — ​ $ 331 ​ $ — Residential real estate ​ 1,363 ​ 1,259 ​ — ​ — ​ 1,476 ​ — Commercial real estate ​ 159 ​ 150 ​ — ​ — ​ 906 ​ — Commercial ​ 359 ​ 174 ​ — ​ — ​ 321 ​ — Consumer ​ 29 ​ 28 ​ — ​ — ​ 74 ​ — Total ​ $ 2,207 ​ $ 1,908 ​ $ — ​ $ — ​ $ 3,108 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired accruing TDRs: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 10 ​ $ 10 ​ $ — ​ $ — ​ $ 22 ​ $ — Residential real estate ​ 2,849 ​ 1,176 ​ 1,539 ​ 127 ​ 2,809 ​ 25 Commercial real estate ​ 1,680 ​ 1,680 ​ — ​ — ​ 2,581 ​ 23 Commercial ​ — ​ — ​ — ​ — ​ — ​ — Consumer ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 4,539 ​ $ 2,866 ​ $ 1,539 ​ $ 127 ​ $ 5,412 ​ $ 48 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other impaired accruing loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 24 ​ $ 24 ​ $ — ​ $ — ​ $ — ​ $ — Residential real estate ​ 1,107 ​ 1,107 ​ — ​ — ​ 29 ​ 3 Commercial real estate ​ 710 ​ 710 ​ — ​ — ​ 417 ​ 1 Commercial ​ — ​ — ​ — ​ — ​ 9 ​ — Consumer ​ — ​ — ​ — ​ — ​ 38 ​ — Total ​ $ 1,841 ​ $ 1,841 ​ $ — ​ $ — ​ $ 493 ​ $ 4 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 331 ​ $ 331 ​ $ — ​ $ — ​ $ 353 ​ $ — Residential real estate ​ 5,319 ​ 3,542 ​ 1,539 ​ 127 ​ 4,314 ​ 28 Commercial real estate ​ 2,549 ​ 2,540 ​ — ​ — ​ 3,904 ​ 24 Commercial ​ 359 ​ 174 ​ — ​ — ​ 330 ​ — Consumer ​ 29 ​ 28 ​ — ​ — ​ 112 ​ — Total ​ $ 8,587 ​ $ 6,615 ​ $ 1,539 ​ $ 127 ​ $ 9,013 ​ $ 52 ​ ​ There were no loans modified and considered to be TDRs during the three months ended March 31, 2022. All accruing TDRs were in compliance with their modified terms. Both performing and non-performing TDRs had no further commitments associated with them as of December 31, 2022. There were no TDRs which subsequently defaulted within 12 months of modification for the three months ended March 31, 2022. Generally, a loan is considered in default when principal or interest is past due 90 days or more, the loan is placed on nonaccrual, the loan is charged off, or there is a transfer to other real estate owned (OREO) or repossessed assets. The following tables provide information on loan risk ratings as of December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Pass/Performing (1) ​ Pass ​ Mention ​ Substandard ​ Doubtful ​ PCI ​ Total December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 231,160 ​ $ 14,212 ​ $ — ​ $ 297 ​ $ — ​ $ 650 ​ $ 246,319 Residential real estate ​ 761,405 ​ 32,467 ​ 1,239 ​ 1,430 ​ — ​ 13,956 ​ 810,497 Commercial real estate ​ 929,501 ​ 121,711 ​ 1,814 ​ 517 ​ — ​ 11,866 ​ 1,065,409 Commercial ​ 131,084 ​ 15,958 ​ 484 ​ 174 ​ — ​ 156 ​ 147,856 Consumer ​ 285,786 ​ 196 ​ 2 ​ 28 ​ — ​ 14 ​ 286,026 Total ​ $ 2,338,936 ​ $ 184,544 ​ $ 3,539 ​ $ 2,446 ​ $ — ​ $ 26,642 ​ $ 2,556,107 (1) Includes loans measured at fair value of

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Leases	​ Note 6 – Leases Lease liabilities represent the Company’s obligation to make lease payments and are presented at each reporting date as the net present value of the remaining contractual cash flows. Cash flows are discounted at the Company’s incremental borrowing rate in effect at the commencement date of the lease. Right-of-use assets represent the Company’s right to use the underlying asset for the lease term and are calculated as the sum of the lease liability and if applicable, prepaid rent, initial direct costs and any incentives received from the lessor. ​ The Company’s long-term lease agreements are classified as operating leases. Certain leases offer the option to extend ​ The following tables present information about the Company’s leases: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ March 31, 2023 ​ December 31, 2022 Lease liabilities ​ $ 9,642 ​ ​ $ 9,908 ​ Right-of-use assets ​ $ 9,344 ​ ​ $ 9,629 ​ Weighted average remaining lease term ​ 12.46 years ​ 12.55 years Weighted average discount rate ​ 2.54 % ​ 2.50 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended Lease cost (in thousands) ​ March 31, 2023 ​ March 31, 2022 Operating lease cost ​ $ 340 ​ $ 351 Short-term lease cost ​ — ​ — Total lease cost ​ $ 340 ​ $ 351 ​ ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of lease liabilities ​ $ 322 ​ $ 327 ​ A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities is as follows: ​ ​ ​ ​ ​ ​ ​ As of Lease payments due (in thousands) ​ March 31, 2023 Nine months ending December 31, 2023 ​ $ 909 2024 ​ ​ 1,141 2025 ​ 917 2026 ​ ​ 916 2027 ​ ​ 849 Thereafter ​ ​ 6,584 Total undiscounted cash flows ​ $ 11,316 Discount ​ ​ 1,674 Lease liabilities ​ $ 9,642 ​ ​ ​ ​ ​ ​ ​ ​ Total gross rental income was $393 thousand for the three months ended March 31, 2023 and $272 thousand for the three months ended March 31, 2022. The following table presents our minimum future annual rental income on such leases as of March 31, 2023. ​ ​ ​ ​ ​ ​ ​ As of (In thousands) ​ March 31, 2023 Nine months ending December 31, 2023 ​ $ 655 2024 ​ ​ 701 2025 ​ 719 2026 ​ 737 2027 ​ ​ 418 Thereafter ​ ​ 1,554 Total ​ $ 4,784 ​

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2023
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangibles	Note 7 – Goodwill and Other Intangibles The following table provides information on the significant components of goodwill and other acquired intangible assets at March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ Gross ​ Measurement ​ Accumulated ​ ​ ​ ​ Net ​ Average ​ ​ Carrying ​ Period ​ Impairment ​ Accumulated ​ Carrying ​ Remaining Life (Dollars in thousands) Amount Adjustments ​ Charges Amortization Amount ​ (in years) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill ​ $ 63,933 ​ $ — ​ $ — ​ $ (667) ​ $ 63,266 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other intangible assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortizable ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Core deposit intangible ​ $ 10,504 ​ $ — ​ $ — ​ $ (5,398) ​ $ 5,106 ​ ​ 2.5 Total other intangible assets ​ $ 10,504 ​ $ — ​ $ — ​ $ (5,398) ​ $ 5,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ Gross Measurement ​ Accumulated ​ ​ ​ ​ Net ​ ​ Average ​ Carrying Period ​ Impairment ​ Accumulated ​ Carrying ​ ​ Remaining Life (Dollars in thousands) Amount Adjustments ​ Charges ​ Amortization ​ Amount ​ ​ (in years) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill ​ $ 65,631 ​ $ (155) ​ $ (1,543) ​ $ (667) ​ $ 63,266 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other intangible assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortizable ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Core deposit intangible ​ $ 10,504 ​ $ — ​ $ — ​ $ (4,957) ​ $ 5,547 ​ 2.6 Total other intangible assets ​ $ 10,504 ​ $ — ​ $ — ​ $ (4,957) ​ $ 5,547 ​ ​ ​ ​ The aggregate amortization expense was $441 thousand for the three months ended March 31, 2023 and $517 thousand for the three months ended March 31, 2022. At March 31, 2023, estimated future remaining amortization for amortizing intangibles within the years ending December 31, is as follows: ​ ​ ​ ​ ​ (Dollars in thousands) ​ Amortization 2023 ​ $ 1,241 2024 ​ ​ 1,376 2025 ​ 1,070 2026 ​ 765 2027 ​ 459 Thereafter ​ ​ 195 Total amortizing intangible assets ​ $ 5,106 ​

Other Assets

Other Assets	3 Months Ended
	Mar. 31, 2023
Other Assets [Abstract]
Other Assets	Note 8 – Other Assets The Company had the following other assets at March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (Dollars in thousands) 2023 2022 Accrued interest receivable ​ $ 8,218 ​ $ 9,384 Deferred income taxes ​ 10,436 ​ 7,357 Prepaid expenses ​ 3,223 ​ 2,680 Income taxes receivable ​ ​ — ​ ​ 74 Other assets ​ 9,999 ​ 8,506 Total ​ $ 31,876 ​ $ 28,001 ​

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2023
Borrowings/Subordinated Debt [Abstract]
Borrowings	Note 9 - Borrowings ​ At March 31, 2023, subordinated debt consisted of $25.0 million of long-term debt issued by the Company in August 2020 and $20.6 million of long-term debt acquired in the acquisition of Severn in 2021. The recorded balance of subordinated debt issued in 2020, net of unamortized issuance costs was $24.7 million at March 31, 2023 and December 31, 2022. The recorded balance of the debt acquired from Severn was $18.4 million at March 31, 2023 and December 31, 2022, which is presented net of the unamortized fair value adjustment of $2.4 million at both period ends. These obligations mature in 2030 and 2035, respectively. Further information on these obligations is provided in the Company’s 2022 Annual Report on Form 10-K. ​ At March 31, 2023 and December 31, 2022, the Company had short-term borrowings from the FHLB of $131.5 million and $40.0 million, respectively. The outstanding obligations at March 31, 2023 carried interest rates ranging from 4.57% to 5.07%.

Other Liabilities

Other Liabilities	3 Months Ended
	Mar. 31, 2023
Other Liabilities [Abstract]
Other Liabilities	Note 10 – Other Liabilities The Company had the following other liabilities at March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) March 31, 2023 December 31, 2022 Accrued interest payable ​ $ 1,309 ​ $ 989 Accrued salaries and wages ​ ​ 710 ​ ​ 1,360 Accounts payable ​ ​ 191 ​ ​ 353 Deferred compensation liability ​ 6,160 ​ 5,679 Income taxes payable ​ 2,811 ​ — Other liabilities ​ 2,021 ​ 1,846 Total ​ $ 13,202 ​ $ 10,227 ​

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2023
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 11 - Stock-Based Compensation At the 2016 annual meeting, stockholders approved the Shore Bancshares, Inc. 2016 Stock and Incentive Plan (“2016 Equity Plan”), replacing the Shore Bancshares, Inc. 2006 Stock and Incentive Plan (“2006 Equity Plan”), which expired on that date. The Company may issue shares of common stock or grant other equity-based awards pursuant to the 2016 Equity Plan. Stock-based awards granted to date generally are time-based, vest in equal installments on each anniversary of the grant date and range over a one The following tables provide information on stock-based compensation expense for the three months ended March 31, 2023 and 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ ​ March 31, (Dollars in thousands) 2023 2022 Stock-based compensation expense ​ $ 155 ​ $ 130 Excess tax benefits related to stock-based compensation ​ 22 ​ 43 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ (Dollars in thousands) 2023 2022 Unrecognized stock-based compensation expense ​ $ 464 ​ $ 633 ​ Weighted average period unrecognized expense is expected to be recognized ​ 1.1 years 0.9 years ​ The following table summarizes restricted stock award activity for the Company under the 2016 Equity Plan for the three months ended March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ ​ ​ ​ Weighted Average ​ ​ Number of ​ Grant Date ​ Shares Fair Value Nonvested at beginning of period 36,860 ​ $ 20.15 Granted 27,550 ​ 17.49 Vested (29,532) ​ 20.23 Forfeited — ​ — Nonvested at end of period 34,878 ​ $ 17.95 ​ The fair value of restricted stock awards that vested during the first three months of 2023 and 2022 was $515 thousand and $492 thousand, respectively.

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Note 12 – Derivatives The Company maintains and accounts for derivatives, in the form of interest rate lock commitments (IRLCs) and mandatory forward contracts, in accordance with the FASB guidance on accounting for derivative instruments and hedging activities. We recognize gains and losses through mortgage-banking revenue in the Consolidated Statements of Income. ​ IRLCs on mortgage loans that we intend to sell in the secondary market are considered derivatives. We are exposed to price risk from the time a mortgage loan is locked in until the time the loan is sold. The period of time between issuance of a loan commitment and closing and sale of the loan generally ranges from 14 days to 120 days, however, this period may be longer for construction to permanent loans that are originated with the intent of selling in the secondary market. For these IRLCs and our closed inventory in loans held for sale, we attempt to protect the Bank from changes in interest rates through the use of to be announced (TBA) securities, which are forward contracts, as well as, to a significantly lesser degree, loan level commitments in the form of best efforts and mandatory forward contracts. These assets and liabilities are included in the Consolidated Balance Sheets in other assets and accrued expenses and other liabilities, respectively. ​ The following table provides information pertaining to the carrying amounts of our derivative financial instruments at March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ December 31, 2022 ​ ​ Notional ​ Estimated ​ Notional ​ Estimated (Dollars in thousands) ​ Amount ​ Fair Value ​ Amount ​ Fair Value Asset - IRLCs ​ $ 7,234 ​ $ 101 ​ $ 4,166 ​ $ 35 Asset - TBA securities ​ ​ 10,000 ​ ​ 142 ​ ​ 8,750 ​ ​ 41 Liability - IRLCs ​ ​ — ​ ​ — ​ ​ 1,150 ​ ​ 7 Liability - TBA securities ​ ​ 12,000 ​ ​ 80 ​ ​ 1,000 ​ ​ 6 ​ ​ ​ ​ ​ ​ ​ ​ ​

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 13 – Accumulated Other Comprehensive Income (Loss) The Company records unrealized holding gains (losses), net of tax, on investment securities available for sale as accumulated other comprehensive income (loss), a separate component of stockholders’ equity. The following table provides information on the changes in the component of accumulated other comprehensive income (loss) for the three months ended March 31, 2023 and 2022. ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ gains (losses) on ​ ​ available for sale (Dollars in thousands) ​ securities Balance, December 31, 2022 ​ $ (9,021) Other comprehensive income ​ 860 Balance, March 31, 2023 ​ $ (8,161) ​ ​ ​ ​ Balance, December 31, 2021 ​ $ 56 Other comprehensive (loss) ​ (2,228) Balance, March 31, 2022 ​ $ (2,172) ​

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 14 – Fair Value Measurements Accounting guidance under GAAP defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. This accounting guidance also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities on a recurring basis and to determine fair value disclosures. Additionally, from time to time, the Company may be required to record at fair value other assets on a nonrecurring basis. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. Under fair value accounting guidance, assets and liabilities are grouped at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine their fair values. These hierarchy levels are: Level 1 inputs – Unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Level 2 inputs – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs – Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the assets or liabilities. Below is a discussion on the Company’s assets measured at fair value on a recurring basis. Investment Securities Available for Sale Fair value measurement for investment securities available for sale is based on quoted prices from an independent pricing service. The fair value measurements consider observable data that may include present value of future cash flows, prepayment assumptions, credit loss assumptions and other factors. The Company classifies its investments in U.S. Treasury securities, if any, as Level 1 in the fair value hierarchy, and it classifies its investments in U.S. Government agencies securities and mortgage-backed securities issued or guaranteed by U.S. Government sponsored entities as Level 2. Equity Securities Fair value measurement for equity securities is based on quoted market prices retrieved by the Company via on-line resources. Although these securities have readily available fair market values, the Company determined that they should be classified as level 2 investments in the fair value hierarchy due to not being considered traded in a highly active market. LHFS Loans held for sale (LHFS) are carried at fair value, which is determined based on Mark to Trade (MTT) for allocated/committed loans or Mark to Market (MTM) analysis for unallocated/uncommitted loans based on third-party pricing models (Level 2). MSRs The fair value of mortgage servicing rights (MSRs) is determined using a valuation model administered by a third party that calculates the present value of estimated future net servicing income (Level 3). The model incorporates assumptions that market participants use in estimating future net servicing income, including estimates of prepayment speeds, discount rate, default rates, cost to service (including delinquency and foreclosure costs), escrow account earnings, contractual servicing fee income, and other ancillary income such as late fees. Management reviews all significant assumptions on a quarterly basis. Mortgage loan prepayment speed, a key assumption in the model, is the annual rate at which borrowers are forecasted to repay their mortgage loan principal. The discount rate used to determine the present value of estimated future net servicing income, another key assumption in the model, is an estimate of the required rate of return investors in the market would require for an asset with similar risk. Both assumptions can, and generally will, change as market conditions and interest rates change. The significant unobservable inputs used in the fair value measurement of the reporting entity’s residential MSRs are prepayment speeds, probability of default, rate of return, and cost of servicing. Significant increases/decreases in any of those inputs in isolation would have resulted in a significantly lower/higher fair value measurement. Generally, a change in the assumption used for prepayment speeds would have been accompanied by a directionally similar change in the markets, i.e. the 10-Year Treasury, and in the probability of default. IRLCs We utilize a third-party specialist model to estimate the fair value of our IRLCs, which are valued based upon mortgage securities (TBA) prices less estimated costs to process and settle the loan. Fair value is adjusted for the estimated probability of the loan closing with the borrower (Level 3). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range March 31, 2023 ​ ​ ​ MSRs (1) ​ $ 5,310 Market Approach ​ Weighted average prepayment speed (PSA) (2) ​ 121 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IRLCs - asset ​ $ 101 Market Approach ​ Range of pull through rate ​ 82% - 100% ​ ​ ​ ​ ​ ​ ​ Average pull through rate ​ 92% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2022 ​ ​ ​ MSRs (1) ​ $ 5,275 Market Approach ​ Weighted average prepayment speed (PSA) (2) ​ 121 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IRLCs - net asset ​ $ 28 Market Approach ​ Range of pull through rate ​ 78% - 100% ​ ​ ​ ​ ​ ​ ​ Average pull through rate ​ 92% (1) The weighted average was calculated with reference to the principal balance of the underlying mortgages. (2) PSA = Public Securities Association Standard Prepayment Model ​ The following table presents activity in MSRs for the three months ended March 31, 2023. ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended (Dollars in thousands) March 31, 2023 Beginning balance $ 5,275 Servicing rights resulting from sales of loans ​ ​ 117 Valuation adjustment ​ ​ (82) Ending balance ​ $ 5,310 ​ The following table presents activity in the IRLCs for the three months ended March 31, 2023. ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended (Dollars in thousands) March 31, 2023 Beginning balance $ 28 Valuation adjustment ​ ​ 73 Ending balance ​ $ 101 ​ Forward Contracts To avoid interest rate risk, we hedge the open locked/closed position with TBA forward trades. On a regular basis, we allocate disbursed loans to mandatory commitments with government-sponsored enterprises (“GSE”) and private investors delivering the loans within 120 days of origination to maximize interest earnings. For a small percentage of our business, we enter into best efforts forward sales commitments with investors at the time we make an IRLC to a borrower. Once a loan has been closed and funded, the best efforts commitments convert to mandatory forward sales commitments. The mandatory commitments are derivatives, and we measure and report them at fair value. Fair value is based on the gain or loss that would occur if we were to pair-off the transaction with the investor at the measurement date. This is a level 2 input. We have elected to measure and report best efforts commitments at fair value, when outstanding, using a valuation methodology similar to that used for mandatory commitments. Market assumptions utilized in the fair value measurement of the reporting entity’s residential mortgage derivatives, inclusive of IRLCs, Closed Loan Inventory, TBA derivative trades, and Mandatory Forwards may be subject to investor overlays that may result in a significantly lower fair value measurement. Generally such overlays are announced with advanced notice in order to include the risk adjuster, however there are times when announcements are mandated resulting in a lower fair value measurement. Additionally market assumptions such as spec pool payups may result in a significantly higher fair value measurement at time of loan allocation to specific trades. The following tables present the recorded amount of assets measured at fair value on a recurring basis at March 31, 2023 and December 31, 2022. No assets were transferred from one hierarchy level to another during the first three months of 2023 or 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Significant ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other ​ Significant ​ ​ ​ ​ ​ Quoted ​ Observable ​ Unobservable ​ ​ ​ ​ ​ Prices ​ Inputs ​ Inputs (Dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) March 31, 2023 ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Securities available for sale: ​ ​ ​ ​ U.S. Government agencies ​ $ 18,309 ​ $ — ​ $ 18,309 ​ $ — Mortgage-backed ​ 61,373 ​ — ​ 61,373 ​ — Other debt securities ​ ​ 1,843 ​ ​ — ​ ​ 1,843 ​ ​ — ​ ​ 81,525 ​ — ​ 81,525 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities ​ ​ 1,258 ​ ​ — ​ ​ 1,258 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TBA securities ​ ​ 142 ​ ​ — ​ ​ 142 ​ ​ — LHFS ​ ​ 3,514 ​ ​ — ​ ​ 3,514 ​ ​ — LHFI, at fair value ​ ​ 9,526 ​ ​ — ​ ​ 9,526 ​ ​ — MSRs ​ ​ 5,310 ​ ​ — ​ ​ — ​ ​ 5,310 IRLCs ​ ​ 101 ​ ​ — ​ ​ — ​ ​ 101 Total assets at fair value ​ $ 101,376 ​ $ — ​ $ 95,965 ​ $ 5,411 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TBA securities ​ $ 80 ​ $ — ​ $ 80 ​ $ — Total liabilities at fair value ​ $ 80 ​ $ — ​ $ 80 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Significant ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other ​ Significant ​ ​ ​ ​ ​ Quoted ​ Observable ​ Unobservable ​ ​ ​ ​ ​ Prices ​ Inputs ​ Inputs (Dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) December 31, 2022 ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Securities available for sale: ​ ​ ​ ​ U.S. Government agencies ​ $ 18,178 ​ $ — ​ $ 18,178 ​ $ — Mortgage-backed ​ 63,519 ​ — ​ 63,519 ​ — Other debt securities ​ ​ 1,890 ​ ​ — ​ ​ 1,890 ​ ​ — ​ ​ 83,587 ​ — ​ 83,587 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities ​ ​ 1,233 ​ ​ — ​ ​ 1,233 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TBA securities ​ ​ 41 ​ ​ — ​ ​ 41 ​ ​ — LHFS ​ ​ 4,248 ​ ​ — ​ ​ 4,248 ​ ​ — LHFI, at fair value ​ ​ 8,437 ​ ​ — ​ ​ 8,437 ​ ​ — MSRs ​ ​ 5,275 ​ ​ — ​ ​ — ​ ​ 5,275 IRLCs ​ ​ 35 ​ ​ — ​ ​ — ​ ​ 35 Total assets at fair value ​ $ 102,856 ​ $ — ​ $ 97,546 ​ $ 5,310 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IRLCs ​ $ 7 ​ $ — ​ $ — ​ $ 7 TBA securities ​ ​ 6 ​ ​ — ​ ​ 6 ​ ​ — Total liabilities at fair value ​ $ 13 ​ $ — ​ $ 6 ​ $ 7 ​ Below is a discussion on the Company’s assets measured at fair value on a nonrecurring basis. Individually Evaluated Collateral-Dependent Loans Loans for which repayment is substantially expected to be provided through the operation or sale of collateral are considered collateral dependent, and are valued based on the estimated fair value of the collateral, less estimated costs to sell at the reporting date, where applicable. Accordingly, collateral dependent loans are classified within Level 3 of the fair value hierarchy. Impaired Loans Impaired loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on the factors identified above. Valuation techniques are consistent with those techniques applied in prior periods. Other Real Estate Owned (Foreclosed Assets) Foreclosed assets are adjusted for fair value upon transfer of loans to foreclosed assets establishing a new cost basis. Subsequently, foreclosed assets are carried at the lower of carrying value or fair value. The estimated fair value for foreclosed assets included in Level 3 are determined by independent market based appraisals and other available market information, less costs to sell, that may be reduced further based on market expectations or an executed sales agreement. If the fair value of the collateral deteriorates subsequent to the initial recognition, the Company records the foreclosed asset as a non-recurring Level 3 adjustment. Valuation techniques are consistent with those techniques applied in prior periods. The following tables set forth the Company’s financial and nonfinancial assets subject to fair value adjustments (impairment) on a nonrecurring basis at March 31, 2023 and December 31, 2022. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information about Level 3 Fair Value Measurements ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range Average (1) March 31, 2023 ​ ​ ​ ​ Nonrecurring measurements: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated collateral dependent loans ​ $ 23 Appraisal of collateral ​ Liquidation expense ​ 10% ​ 10% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned ​ $ 179 Appraisal of collateral ​ Appraisal adjustments ​ 0% - 20% ​ (0%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information about Level 3 Fair Value Measurements ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range ​ Average (1) December 31, 2022 ​ ​ ​ ​ ​ Nonrecurring measurements: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned ​ $ 197 Appraisal of collateral ​ Appraisal adjustments ​ 0% - 20% ​ (2%) ​ ​ (1) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The carrying amounts and estimated fair values of the Company’s financial instruments are presented in the following table. Fair values for March 31, 2023 and December 31, 2022 were estimated using an exit price notion. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 December 31, 2022 ​ ​ ​ ​ ​ Estimated ​ ​ ​ ​ Estimated ​ ​ Carrying ​ Fair ​ Carrying ​ Fair (Dollars in thousands) Amount Value Amount Value Financial assets ​ ​ ​ ​ Level 1 inputs ​ ​ ​ ​ Cash and cash equivalents ​ $ 37,709 ​ $ 37,709 ​ $ 55,499 ​ $ 55,499 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 2 inputs ​ ​ ​ ​ Investment securities available for sale ​ $ 81,525 ​ $ 81,525 ​ $ 83,587 ​ $ 83,587 Investment securities held to maturity ​ ​ 549,096 ​ ​ 491,116 ​ ​ 559,455 ​ ​ 494,626 Equity securities ​ ​ 1,258 ​ ​ 1,258 ​ ​ 1,233 ​ ​ 1,233 Restricted securities ​ 15,067 ​ 15,067 ​ 11,169 ​ 11,169 LHFS ​ ​ 3,514 ​ ​ 3,514 ​ ​ 4,248 ​ ​ 4,248 TBA securities ​ ​ 142 ​ ​ 142 ​ ​ 41 ​ ​ 41 Cash surrender value on life insurance ​ 59,711 ​ 59,711 ​ 59,218 ​ 59,218 Loans, at fair value ​ ​ 9,526 ​ ​ 9,526 ​ ​ 8,437 ​ ​ 8,437 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 3 inputs ​ ​ ​ ​ Loans, net ​ $ 2,630,691 ​ $ 2,417,124 ​ $ 2,531,027 ​ $ 2,431,808 MSRs ​ ​ 5,310 ​ ​ 5,310 ​ ​ 5,275 ​ ​ 5,275 IRLCs ​ ​ 101 ​ ​ 101 ​ ​ 35 ​ ​ 35 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities ​ ​ ​ ​ Level 2 inputs ​ ​ ​ ​ Deposits: ​ ​ ​ ​ Noninterest-bearing demand ​ $ 808,679 ​ $ 808,679 ​ $ 862,015 ​ $ 862,015 Checking plus interest ​ 726,070 ​ 726,070 ​ 694,101 ​ 694,101 Money market ​ 675,751 ​ 675,751 ​ 709,132 ​ 709,132 Savings ​ 295,002 ​ 295,002 ​ 319,814 ​ 319,814 Club ​ 755 ​ 755 ​ 374 ​ 374 Certificates of deposit ​ 488,305 ​ 478,065 ​ 424,348 ​ 410,455 Advances from FHLB - short-term ​ 131,500 ​ 131,496 ​ 40,000 ​ 40,002 Subordinated debt ​ ​ 43,150 ​ 40,079 ​ 43,072 ​ 41,193 TBA Securities ​ ​ 80 ​ 80 ​ 6 ​ 6 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 3 inputs ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IRLCs ​ ​ — ​ ​ — ​ ​ 7 ​ 7 ​

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 15 – Commitments and Contingencies ​ In the normal course of business, to meet the financial needs of its customers, the Bank is a party to financial instruments with off-balance sheet risk. These financial instruments include commitments to extend credit and standby letters of credit. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. Letters of credit and other commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Because many of the letters of credit and commitments are expected to expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. ​ The following table provides information on commitments outstanding at March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) March 31, 2023 December 31, 2022 Commitments to extend credit ​ $ 408,789 ​ $ 406,353 Letters of credit ​ 7,861 ​ 8,009 Total ​ $ 416,650 ​ $ 414,362 ​ ​ ​ The Company provides banking services to customers who do business in the cannabis industry. Prior to the second quarter of 2022, the Company restricted these businesses to include only those in the medical-use cannabis industry in the state of Maryland. During the second quarter of 2022, the Company expanded its cannabis banking program to include both medical and adult -use licensees in other states, with an initial offering of the Company’s existing Maryland customers with multi-state operations. While the Company is providing banking services to customers that are engaged in the growing, processing, and sales of cannabis in a manner that complies with applicable state law, such customers engaged in those activities currently violate Federal law. The Company may be deemed to be aiding and abetting illegal activities through the services that it provides to these customers. While we are not aware of any instance of a federally-insured financial institution being subject to such aiding and abetting liability, the strict enforcement of Federal laws regarding cannabis would likely result in the Company’s inability to continue to provide banking services to these customers and the Company could have legal action taken against it by the Federal government, including imprisonment and fines. There is an uncertainty of the potential impact to the Company’s Consolidated Financial Statements if the Federal government takes actions against the Company. As of March 31, 2023, the Company had not accrued an amount for the potential impact of any such actions. ​ Following is a summary of the level of business activities with our cannabis industry customers: ​ ● Deposit and loan balances at March 31, 2023 were approximately $144.6 million, or 4.8% of total deposits, and $55.2 million, or 2.1% of total gross loans, respectively. ​ ● Interest and noninterest income for the three months ended March 31, 2023, were approximately $2.2 million and $266 thousand, respectively. ​ In the normal course of business, the Company may become involved in litigation arising from banking, financial, and other activities. Management, after consultation with legal counsel, does not anticipate that the future liability, if any, arising out of current proceedings will have a material effect on the Company’s financial condition, operating results, or liquidity.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2023
Revenue Recognition [Abstract]
Revenue Recognition	Note 16 – Revenue Recognition Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. Topic 606 is applicable to noninterest revenue streams such as trust and asset management income, deposit related fees, interchange fees and merchant income. Noninterest revenue streams in-scope of Topic 606 are discussed below. ​ Service Charges on Deposit Accounts ​ Service charges on deposit accounts consist of account analysis fees (i.e., net fees earned on analyzed business and public checking accounts), monthly service fees, check orders, and other deposit account related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. ​ Check orders and other deposit account related fees are largely transactional based, and therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or at the end of the month through a direct charge to customers’ accounts. ​ ​ Trust and Investment Fee Income ​ Trust and investment fee income are primarily comprised of fees earned from the management and administration of trusts and other customer assets. The Company’s performance obligation is generally satisfied over time and the resulting fees are recognized monthly, based upon the month-end market value of the assets under management and the applicable fee rate. Payment is generally received a few days after month end through a direct charge to customers’ accounts. The Company does not earn performance-based incentives. ​ Optional services such as real estate sales and tax return preparation services are also available to existing trust and asset management customers. The Company’s performance obligation for these transactional-based services is generally satisfied, and related revenue recognized, at a point in time (i.e., as incurred). Payment is received shortly after services are rendered. ​ Title Company Revenue Title Company revenue consists of revenue earned on performing title work for real estate transactions. The revenue is earned when the title work is performed. Payment for such performance obligations generally occurs at the time of the settlement of a real estate transaction. As such settlement is generally within 90 days of the performance of the title work, we recognize the revenue at the time of the settlement. All contract issuance costs are expensed as incurred. We had no contract assets or liabilities at March 31, 2023. Other Noninterest Income ​ Other noninterest income consists of: fees, exchange, other service charges, safety deposit box rental fees, and other miscellaneous revenue streams. Fees and other service charges are primarily comprised of debit and credit card income, ATM fees, merchant services income, and other service charges. Debit and credit card income is primarily comprised of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. Merchant services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees. Other service charges include revenue from processing wire transfers, bill pay service, cashier’s checks, and other services. The Company’s performance obligation for fees, exchange, and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. Safe deposit box rental fees are charged to the customer on an annual basis and recognized upon receipt of payment. The Company determined that rentals and renewals of safe deposit boxes will be recognized on a monthly basis consistent with the duration of the performance obligation. The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three months ended March 31, 2023 and 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ ​ March 31, (Dollars in thousands) 2023 2022 Noninterest Income ​ ​ In-scope of Topic 606: ​ ​ Service charges on deposit accounts ​ $ 1,213 ​ $ 1,359 Trust and investment fee income ​ 432 ​ 514 Interchange income ​ ​ 1,212 ​ ​ 1,038 Title Company revenue ​ ​ 137 ​ ​ 323 Other noninterest income ​ 794 ​ 460 Noninterest Income (in-scope of Topic 606) ​ 3,788 ​ 3,694 Noninterest Income (out-of-scope of Topic 606) ​ 1,546 ​ 2,352 Total Noninterest Income ​ $ 5,334 ​ $ 6,046 ​

Pending Merger

Pending Merger	3 Months Ended
	Mar. 31, 2023
Business Combination [Abstract]
Pending Merger	Note 17 – Pending Merger On December 14, 2022, the Company and The Community Financial Corporation (“TCFC”) entered into a definitive agreement for the Company to acquire TCFC. ​ Under the terms of the agreement, TCFC shareholders will have the right to receive 2.3287 shares of Shore common stock and cash in lieu of any fractional shares of Shore common stock. Upon closing, shareholders of Shore will own approximately 60% of the combined company and shareholders of TCFC will own approximately 40% of the combined company. The transaction is subject to satisfaction of customary closing conditions, including approval from Shore and TCFC shareholders. Shore and TCFC have received all required regulatory approvals and waivers. The transaction is expected to close late in the second quarter or early in the third quarter of 2023. ​ As of December 31, 2022, TCFC had more than $2.4 billion in assets and operated ten full-service offices in Maryland and two full-service offices in Virginia. ​ ​

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2023
Basis of Presentation
Basis of Presentation	​ The consolidated financial statements include the accounts of Shore Bancshares, Inc. and its subsidiaries with all significant intercompany transactions eliminated. The consolidated financial statements conform to accounting principles generally accepted in the United States of America (“GAAP”) and to prevailing practices within the banking industry. The accompanying interim financial statements are unaudited; however, in the opinion of management all adjustments necessary to present fairly the consolidated financial position at March 31, 2023, the consolidated results of income and comprehensive income for the three months ended March 31, 2023 and 2022, changes in stockholders’ equity for the three months ended March 31, 2023 and 2022 and cash flows for the three months ended March 31, 2023 and 2022, have been included. All such adjustments were of a normal recurring nature. The amounts as of December 31, 2022 were derived from the 2022 audited financial statements. The results of operations for the three months ended March 31, 2023 are not necessarily indicative of the results to be expected for any other interim period or for the full year. This Quarterly Report on Form 10-Q should be read in conjunction with the Annual Report of Shore Bancshares, Inc. on Form 10-K for the year ended December 31, 2022. For purposes of comparability, certain immaterial reclassifications have been made to amounts previously reported to conform with the current period presentation. When used in these notes, the term “the Company” refers to Shore Bancshares, Inc. and, unless the context requires otherwise, its consolidated subsidiaries, Shore United Bank, N.A. (the “Bank”) and Mid-Maryland Title Company, Inc. (the “Title Company”). ​
Pending Recent Accounting Standards	Pending Recent Accounting Standards ​ ASU No. 2022-03 - In June 2022, the (FASB) issued (ASU) No. 2022-03, “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”. ASU 2022-03 clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The ASU is effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2023. Early adoption is permitted. The Company does not expect the adoption of ASU 2022-03 to have a material impact on its consolidated financial statements.

Adoption of Accounting Standa_2

Adoption of Accounting Standards (Tables)	3 Months Ended
	Mar. 31, 2023
Adoption of Accounting Standards
Schedule of allowance for credit losses, and reserve for unfunded commitments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ January 1, 2023 ​ ​ As Reported Under ​ Pre-ASC 326 ​ ​ ​ (Dollars in thousands) ASC 326 Adoption ​ Change Total Loans, gross ​ $ 2,556,267 ​ $ 2,556,107 ​ $ 160 Allowance for credit losses ​ ​ (27,434) ​ (16,643) ​ (10,791) Total loans, net ​ $ 2,528,833 ​ $ 2,539,464 ​ $ (10,631) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: Reserve for Unfunded Commitments ​ $ 581 ​ $ 316 ​ $ 265 ​

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Common Share, Basic and Diluted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ ​ March 31, (In thousands, except per share data) 2023 2022 Net Income ​ $ 6,457 ​ $ 5,613 Weighted average shares outstanding - Basic and Diluted ​ 19,886 ​ 19,828 ​ ​ ​ ​ ​ ​ ​ Earnings per common share - Basic and Diluted ​ $ 0.32 ​ $ 0.28 ​

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2023
Investment Securities [Abstract]
Activity in the ACL on held-to maturity securities	​ ​ ​ ​ ​ ​ Three Months ended (Dollars in thousands) ​ March 31, 2023 Balance, beginning of period ​ $ — Other debt securities, provision for credit losses ​ ​ 163 Balance, end of period ​ $ 163 ​
Schedule of Available-for-Sale Securities Reconciliation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Estimated ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair (Dollars in thousands) ​ Cost ​ Gains ​ Losses ​ Value Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 21,587 ​ $ 5 ​ $ 3,283 ​ $ 18,309 Mortgage-backed ​ 69,151 ​ 1 ​ 7,779 ​ 61,373 Other debt securities ​ ​ 2,016 ​ ​ — ​ ​ 173 ​ ​ 1,843 Total ​ $ 92,754 ​ $ 6 ​ $ 11,235 ​ $ 81,525 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 21,798 ​ $ 5 ​ $ 3,625 ​ $ 18,178 Mortgage-backed ​ 72,183 ​ 2 ​ 8,666 ​ 63,519 Other debt securities ​ 2,018 ​ — ​ 128 ​ 1,890 Total ​ $ 95,999 ​ $ 7 ​ $ 12,419 ​ $ 83,587 ​
Schedule of Held-to-Maturity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross Estimated ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair (Dollars in thousands) ​ Cost ​ Gains ​ Losses ​ Value Held-to-maturity securities: ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 146,699 ​ $ — ​ $ 11,815 ​ $ 134,884 Mortgage-backed ​ ​ 389,924 ​ ​ — ​ ​ 45,379 ​ ​ 344,545 States and political subdivisions ​ 1,473 ​ 54 ​ 13 ​ 1,514 Other debt securities ​ 11,000 ​ — ​ 827 ​ 10,173 Total ​ $ 549,096 ​ $ 54 ​ $ 58,034 ​ $ 491,116 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 148,097 ​ $ — ​ $ 13,601 ​ $ 134,496 Mortgage-backed ​ ​ 398,884 ​ ​ — ​ ​ 50,464 ​ ​ 348,420 States and political subdivisions ​ 1,474 ​ 35 ​ 28 ​ 1,481 Other debt securities ​ 11,000 ​ — ​ 770 ​ 10,230 Total ​ $ 559,455 ​ $ 35 ​ $ 64,863 ​ $ 494,627 ​
Schedule of Amortized Cost of Held-to-Maturity Securities Based on Credit Rating	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ Investment Grade (Dollars in thousands) ​ ​ Aaa ​ ​ Aa1 ​ ​ A3 ​ ​ Baa1 ​ ​ Baa2 ​ ​ Baa3 ​ ​ NR U.S. Government agencies ​ $ 137,358 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 9,341 Mortgage-backed ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 389,924 States and political subdivisions ​ ​ — ​ ​ 1,473 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Other debt securities ​ ​ — ​ ​ — ​ ​ 4,000 ​ ​ 4,000 ​ ​ 500 ​ ​ 500 ​ ​ 2,000 Total Held-to Maturity Securities ​ $ 137,358 ​ $ 1,473 ​ $ 4,000 ​ $ 4,000 ​ $ 500 ​ $ 500 ​ $ 401,265 ​
Available-For-Sale Securities and Held-to-Maturity, Continuous Unrealized Loss Position, Fair Value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than ​ More than ​ ​ ​ ​ ​ ​ ​ ​ 12 Months ​ 12 Months ​ Total ​ Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 1,060 ​ $ 6 ​ $ 16,833 ​ $ 3,277 ​ $ 17,893 ​ $ 3,283 Mortgage-backed ​ 1,754 ​ 32 ​ 59,277 ​ 7,747 ​ 61,031 ​ 7,779 Other debt securities ​ ​ — ​ ​ — ​ ​ 1,843 ​ ​ 173 ​ ​ 1,843 ​ ​ 173 Total ​ $ 2,814 ​ $ 38 ​ $ 77,953 ​ $ 11,197 ​ $ 80,767 ​ $ 11,235 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than ​ More than ​ ​ ​ ​ ​ ​ ​ ​ 12 Months ​ 12 Months ​ Total ​ Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 1,165 ​ $ 4 ​ $ 16,585 ​ $ 3,588 ​ $ 17,750 ​ $ 3,592 Mortgage-backed ​ 29,125 ​ 2,409 ​ 34,167 ​ 6,290 ​ 63,292 ​ 8,699 Other debt securities ​ ​ 1,890 ​ ​ 128 ​ ​ — ​ ​ — ​ ​ 1,890 ​ ​ 128 Total ​ $ 32,180 ​ $ 2,541 ​ $ 50,752 ​ $ 9,878 ​ $ 82,932 ​ $ 12,419 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Held-to-maturity securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Government agencies ​ $ 67,332 ​ $ 2,786 ​ $ 67,163 ​ $ 10,815 ​ $ 134,495 ​ $ 13,601 Mortgage-backed ​ ​ 148,771 ​ ​ 9,402 ​ ​ 199,649 ​ ​ 41,062 ​ ​ 348,420 ​ ​ 50,464 States and political subdivisions ​ ​ 780 ​ ​ 28 ​ ​ — ​ ​ — ​ ​ 780 ​ ​ 28 Other debt securities ​ 8,091 ​ 409 ​ 2,139 ​ 361 ​ 10,230 ​ 770 Total ​ $ 224,974 ​ $ 12,625 ​ $ 268,951 ​ $ 52,238 ​ $ 493,925 ​ $ 64,863 ​
Schedule of Securities Debt Maturities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available for sale ​ Held to maturity ​ Amortized ​ ​ Amortized ​ ​ (Dollars in thousands) ​ Cost ​ Fair Value ​ Cost ​ Fair Value Due in one year or less ​ $ 46 ​ $ 46 ​ $ 1,061 ​ $ 1,042 Due after one year through five years ​ 7,004 ​ 6,733 ​ 118,384 ​ 111,443 Due after five years through ten years ​ 40,359 ​ 36,068 ​ 65,244 ​ 59,798 Due after ten years ​ 45,345 ​ 38,678 ​ 364,407 ​ 318,833 Total ​ $ 92,754 ​ $ 81,525 ​ $ 549,096 ​ $ 491,116 ​

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Schedule of financing receivables	​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) March 31, 2023 December 31, 2022 Construction ​ $ 250,447 ​ $ 246,319 Residential real estate ​ 866,225 ​ 810,497 Commercial real estate ​ 1,096,937 ​ 1,065,409 Commercial ​ 140,312 ​ 147,856 Consumer ​ 314,760 ​ 286,026 Total loans ​ 2,668,681 ​ 2,556,107 Allowance for credit losses ​ (28,464) ​ (16,643) Total loans, net ​ $ 2,640,217 ​ $ 2,539,464 ​
Schedule of Non accrual Loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonaccrual Nonaccrual Loans past due ​ ​ with no ​ with an ​ 90 days or more ​ ​ allowance for ​ allowance for ​ and still (Dollars in thousands) ​ credit loss ​ credit loss ​ accruing March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonaccrual loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 177 ​ $ — ​ $ 24 Residential real estate ​ 1,477 ​ 12 ​ 218 Commercial real estate ​ — ​ — ​ 369 Commercial ​ 167 ​ — ​ — Consumer ​ 37 ​ 24 ​ — Total ​ $ 1,858 ​ $ 36 ​ $ 611 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest income ​ $ — ​ $ — ​ $ 1 ​
Schedule of financing receivable credit quality indicators	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ ​ ​ ​ Term Loans by Origination Year Revolving converted to ​ (Dollars in thousands) ​ Prior ​ 2019 ​ 2020 ​ 2021 ​ 2022 ​ 2023 ​ loans ​ term loans ​ Total March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 28,379 ​ $ 7,814 ​ $ 16,531 ​ $ 67,810 ​ $ 108,670 ​ $ 20,197 ​ $ 786 ​ $ — ​ $ 250,187 Substandard ​ 236 ​ — ​ — ​ 24 ​ — ​ — ​ — ​ — ​ 260 Total ​ $ 28,615 ​ $ 7,814 ​ $ 16,531 ​ $ 67,834 ​ $ 108,670 ​ $ 20,197 ​ $ 786 ​ $ — ​ $ 250,447 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential real estate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 226,659 ​ $ 38,023 ​ $ 75,277 ​ $ 175,925 ​ $ 222,994 ​ $ 53,436 ​ $ 70,635 ​ $ — ​ $ 862,949 Special Mention ​ 932 ​ — ​ ​ ​ — ​ — ​ — ​ 256 ​ — ​ 1,188 Substandard ​ 1,964 ​ — ​ — ​ — ​ — ​ — ​ 124 ​ — ​ 2,088 Total ​ $ 229,555 ​ $ 38,023 ​ $ 75,277 ​ $ 175,925 ​ $ 222,994 ​ $ 53,436 ​ $ 71,015 ​ $ — ​ $ 866,225 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 389,646 ​ $ 106,316 ​ $ 155,585 ​ $ 173,010 ​ $ 208,815 ​ $ 49,380 ​ $ 10,047 ​ $ 28 ​ $ 1,092,827 Special Mention ​ 1,762 ​ 142 ​ — ​ 1,535 ​ — ​ — ​ — ​ — ​ 3,439 Substandard ​ 671 ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ 671 Total ​ $ 392,079 ​ $ 106,458 ​ $ 155,585 ​ $ 174,545 ​ $ 208,815 ​ $ 49,380 ​ $ 10,047 ​ $ 28 ​ $ 1,096,937 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 18,465 ​ $ 4,291 ​ $ 11,125 ​ $ 35,137 ​ $ 17,833 ​ $ 1,211 ​ $ 50,327 ​ $ 1,287 ​ $ 139,676 Special Mention ​ — ​ — ​ — ​ 469 ​ — ​ — ​ — ​ — ​ 469 Substandard ​ 167 ​ — ​ — ​ — ​ — ​ — ​ — ​ — ​ 167 Total ​ $ 18,632 ​ $ 4,291 ​ $ 11,125 ​ $ 35,606 ​ $ 17,833 ​ $ 1,211 ​ $ 50,327 ​ $ 1,287 ​ $ 140,312 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ (107) ​ $ — ​ $ — ​ $ (107) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 1,060 ​ $ 1,825 ​ $ 19,104 ​ $ 94,357 ​ $ 163,213 ​ $ 34,468 ​ $ 671 ​ $ — ​ $ 314,698 Special Mention ​ — ​ — ​ — ​ — ​ — ​ — ​ 2 ​ — ​ 2 Substandard ​ — ​ 27 ​ — ​ 10 ​ 23 ​ — ​ — ​ — ​ 60 Total ​ $ 1,060 ​ $ 1,852 ​ $ 19,104 ​ $ 94,367 ​ $ 163,236 ​ $ 34,468 ​ $ 673 ​ $ — ​ $ 314,760 Gross Charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total loans by risk category ​ $ 669,941 ​ $ 158,438 ​ $ 277,622 ​ $ 548,277 ​ $ 721,548 ​ $ 158,692 ​ $ 132,848 ​ $ 1,315 ​ $ 2,668,681 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ (107) ​ $ — ​ $ — ​ $ (107) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Pass/Performing (1) ​ Pass ​ Mention ​ Substandard ​ Doubtful ​ PCI ​ Total December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 231,160 ​ $ 14,212 ​ $ — ​ $ 297 ​ $ — ​ $ 650 ​ $ 246,319 Residential real estate ​ 761,405 ​ 32,467 ​ 1,239 ​ 1,430 ​ — ​ 13,956 ​ 810,497 Commercial real estate ​ 929,501 ​ 121,711 ​ 1,814 ​ 517 ​ — ​ 11,866 ​ 1,065,409 Commercial ​ 131,084 ​ 15,958 ​ 484 ​ 174 ​ — ​ 156 ​ 147,856 Consumer ​ 285,786 ​ 196 ​ 2 ​ 28 ​ — ​ 14 ​ 286,026 Total ​ $ 2,338,936 ​ $ 184,544 ​ $ 3,539 ​ $ 2,446 ​ $ — ​ $ 26,642 ​ $ 2,556,107 (1) Includes loans measured at fair value of
Schedule of past due financing receivables	​ The following tables provide information on the aging of the loan portfolio as of March 31, 2023 and December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accruing ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30‑59 days 60‑89 days 90 days or more Total ​ ​ ​ ​ (Dollars in thousands) ​ Current (1) ​ past due ​ past due ​ past due ​ past due ​ Nonaccrual ​ Total March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 249,446 ​ $ 731 ​ $ 69 ​ $ 24 ​ $ 824 ​ $ 177 ​ $ 250,447 ​ Residential real estate ​ 858,389 ​ 5,177 ​ 952 ​ 218 ​ 6,347 ​ 1,489 ​ 866,225 ​ Commercial real estate ​ 1,096,189 ​ 337 ​ 42 ​ 369 ​ 748 ​ — ​ 1,096,937 ​ Commercial ​ 140,096 ​ 45 ​ 4 ​ — ​ 49 ​ 167 ​ 140,312 ​ Consumer ​ 314,039 ​ 633 ​ 27 ​ — ​ 660 ​ 61 ​ 314,760 ​ Total ​ $ 2,658,159 ​ $ 6,923 ​ $ 1,094 ​ $ 611 ​ $ 8,628 ​ $ 1,894 ​ $ 2,668,681 ​ Percent of total loans ​ 99.6 % 0.3 % — % — % 0.3 % 0.1 % 100.0 % (1) Includes loans measured at fair value of $9.5 million at March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accruing ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30‑59 days ​ 60‑89 days ​ 90 days or more ​ Total ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Current (1) ​ past due ​ past due ​ past due ​ past due ​ Nonaccrual ​ PCI ​ Total December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 239,990 ​ $ 4,343 ​ $ 1,015 ​ $ 24 ​ $ 5,382 ​ $ 297 ​ $ 650 ​ $ 246,319 ​ Residential real estate ​ 787,070 ​ 6,214 ​ 891 ​ 1,107 ​ 8,212 ​ 1,259 ​ 13,956 ​ 810,497 ​ Commercial real estate ​ 1,052,314 ​ 369 ​ — ​ 710 ​ 1,079 ​ 150 ​ 11,866 ​ 1,065,409 ​ Commercial ​ 147,511 ​ 15 ​ — ​ — ​ 15 ​ 174 ​ 156 ​ 147,856 ​ Consumer ​ 285,750 ​ 223 ​ 11 ​ — ​ 234 ​ 28 ​ 14 ​ 286,026 ​ Total ​ $ 2,512,635 ​ $ 11,164 ​ $ 1,917 ​ $ 1,841 ​ $ 14,922 ​ $ 1,908 ​ $ 26,642 ​ $ 2,556,107 ​ Percent of total loans ​ 98.3 % 0.4 % 0.1 % 0.1 % 0.6 % 0.1 % 1.0 % 100.0 % (1) Includes loans measured at fair value of $8.4 million at December 31, 2022. ​
Schedule of consolidated allowance for credit losses on financing receivables	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential Commercial ​ ​ ​ ​ ​ (Dollars in thousands) ​ Construction ​ real estate ​ real estate ​ Commercial ​ Consumer ​ Total For three months ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning Balance ​ $ 2,973 ​ $ 2,622 ​ $ 4,899 ​ $ 1,652 ​ $ 4,497 $ 16,643 Impact of ASC326 Adoption ​ ​ 1,222 ​ ​ 4,974 ​ ​ 3,742 ​ ​ 401 ​ ​ 452 ​ ​ 10,791 Charge-offs (1) ​ — ​ — ​ — ​ (107) ​ — ​ (107) Recoveries ​ 3 ​ 31 ​ — ​ 53 ​ — ​ 87 Net (charge-offs) recoveries ​ 3 ​ 31 ​ — ​ (54) ​ — ​ (20) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision ​ (1,509) ​ 1,120 ​ 1,217 ​ (139) ​ 361 ​ 1,050 Ending Balance ​ $ 2,689 ​ $ 8,747 ​ $ 9,858 ​ $ 1,860 ​ $ 5,310 $ 28,464 (1) Gross charge-offs of commercial loans for the three months ended March 31, 2023 included $107 of demand deposit overdrafts. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential Commercial ​ ​ ​ ​ ​ (Dollars in thousands) ​ Construction ​ real estate ​ real estate ​ Commercial ​ Consumer ​ Total For three months ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses: ​ ​ ​ ​ ​ ​ Beginning Balance ​ $ 2,454 ​ $ 2,858 ​ $ 4,598 ​ $ 2,070 ​ $ 1,964 ​ $ 13,944 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Charge-offs ​ — ​ — ​ — ​ (92) ​ (16) ​ (108) Recoveries ​ 3 ​ 46 ​ 150 ​ 68 ​ 7 ​ 274 Net (charge-offs) recoveries ​ 3 ​ 46 ​ 150 ​ (24) ​ (9) ​ 166 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Provision ​ 400 ​ (329) ​ (248) ​ (241) ​ 1,018 ​ 600 Ending Balance ​ $ 2,857 ​ $ 2,575 ​ $ 4,500 ​ $ 1,805 ​ $ 2,973 ​ $ 14,710 ​
Schedule of loans acquired from severn	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Acquired Loans - ​ Acquired Loans - ​ ​ ​ ​ Purchased ​ Purchased ​ Acquired Loans - (Dollars in thousands) Credit Impaired Performing Total Outstanding principal balance ​ $ 29,620 ​ $ 349,262 ​ $ 378,882 Carrying amount ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 650 ​ $ 18,761 ​ $ 19,411 Residential real estate ​ 13,956 ​ 116,118 ​ 130,074 Commercial real estate ​ 11,866 ​ 174,278 ​ 186,144 Commercial ​ 156 ​ 35,687 ​ 35,843 Consumer ​ 14 ​ 697 ​ 711 Total loans ​ $ 26,642 ​ $ 345,541 ​ $ 372,183 ​
Schedule of PCI loans acquired	​ ​ ​ ​ ​ ​ ​ For the Three Months Ended (Dollars in thousands) March 31, 2022 Accretable yield, beginning of period ​ $ 5,367 Accretion ​ (394) Reclassification of nonaccretable difference due to improvement in expected cash flows ​ — Other changes, net ​ — Accretable yield, end of period ​ $ 4,973 ​
Schedule of allowance for credit losses on financing receivables	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential Commercial ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Construction ​ real estate ​ real estate ​ Commercial ​ Consumer ​ Total December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans individually evaluated for impairment ​ $ 331 ​ $ 5,081 ​ $ 2,540 ​ $ 174 ​ $ 28 ​ $ 8,154 Loans collectively evaluated for impairment ​ 236,901 ​ 791,460 ​ 1,051,003 ​ 147,526 ​ 285,984 ​ 2,512,874 Acquired loans - PCI ​ ​ 650 ​ ​ 13,956 ​ ​ 11,866 ​ ​ 156 ​ ​ 14 ​ ​ 26,642 Total loans ​ $ 237,882 ​ $ 810,497 ​ $ 1,065,409 ​ $ 147,856 ​ $ 286,026 ​ $ 2,547,670 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses allocated to: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans individually evaluated for impairment ​ $ — ​ $ 127 ​ $ — ​ $ — ​ $ — ​ $ 127 Loans collectively evaluated for impairment ​ 2,973 ​ 2,495 ​ 4,899 ​ 1,652 ​ 4,497 ​ 16,516 Total allowance ​ $ 2,973 ​ $ 2,622 ​ $ 4,899 ​ $ 1,652 ​ $ 4,497 ​ $ 16,643 (1) Excludes loans measured at fair value of $8.4 million at December 31, 2022.
Schedule of impaired financing receivables	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Recorded Recorded ​ ​ ​ March 31, 2022 ​ ​ Unpaid ​ investment ​ investment ​ ​ ​ ​ Year-to-date ​ Interest ​ ​ principal ​ with no ​ with an ​ Related ​ average recorded ​ income (Dollars in thousands) ​ balance ​ allowance ​ allowance ​ allowance ​ investment ​ recognized December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired nonaccrual loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 297 ​ $ 297 ​ $ — ​ $ — ​ $ 331 ​ $ — Residential real estate ​ 1,363 ​ 1,259 ​ — ​ — ​ 1,476 ​ — Commercial real estate ​ 159 ​ 150 ​ — ​ — ​ 906 ​ — Commercial ​ 359 ​ 174 ​ — ​ — ​ 321 ​ — Consumer ​ 29 ​ 28 ​ — ​ — ​ 74 ​ — Total ​ $ 2,207 ​ $ 1,908 ​ $ — ​ $ — ​ $ 3,108 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Impaired accruing TDRs: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 10 ​ $ 10 ​ $ — ​ $ — ​ $ 22 ​ $ — Residential real estate ​ 2,849 ​ 1,176 ​ 1,539 ​ 127 ​ 2,809 ​ 25 Commercial real estate ​ 1,680 ​ 1,680 ​ — ​ — ​ 2,581 ​ 23 Commercial ​ — ​ — ​ — ​ — ​ — ​ — Consumer ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 4,539 ​ $ 2,866 ​ $ 1,539 ​ $ 127 ​ $ 5,412 ​ $ 48 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other impaired accruing loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 24 ​ $ 24 ​ $ — ​ $ — ​ $ — ​ $ — Residential real estate ​ 1,107 ​ 1,107 ​ — ​ — ​ 29 ​ 3 Commercial real estate ​ 710 ​ 710 ​ — ​ — ​ 417 ​ 1 Commercial ​ — ​ — ​ — ​ — ​ 9 ​ — Consumer ​ — ​ — ​ — ​ — ​ 38 ​ — Total ​ $ 1,841 ​ $ 1,841 ​ $ — ​ $ — ​ $ 493 ​ $ 4 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 331 ​ $ 331 ​ $ — ​ $ — ​ $ 353 ​ $ — Residential real estate ​ 5,319 ​ 3,542 ​ 1,539 ​ 127 ​ 4,314 ​ 28 Commercial real estate ​ 2,549 ​ 2,540 ​ — ​ — ​ 3,904 ​ 24 Commercial ​ 359 ​ 174 ​ — ​ — ​ 330 ​ — Consumer ​ 29 ​ 28 ​ — ​ — ​ 112 ​ — Total ​ $ 8,587 ​ $ 6,615 ​ $ 1,539 ​ $ 127 ​ $ 9,013 ​ $ 52 ​

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Information about leases	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ March 31, 2023 ​ December 31, 2022 Lease liabilities ​ $ 9,642 ​ ​ $ 9,908 ​ Right-of-use assets ​ $ 9,344 ​ ​ $ 9,629 ​ Weighted average remaining lease term ​ 12.46 years ​ 12.55 years Weighted average discount rate ​ 2.54 % ​ 2.50 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended Lease cost (in thousands) ​ March 31, 2023 ​ March 31, 2022 Operating lease cost ​ $ 340 ​ $ 351 Short-term lease cost ​ — ​ — Total lease cost ​ $ 340 ​ $ 351 ​ ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of lease liabilities ​ $ 322 ​ $ 327 ​
Operating lease liabilities	​ ​ ​ ​ ​ ​ ​ As of Lease payments due (in thousands) ​ March 31, 2023 Nine months ending December 31, 2023 ​ $ 909 2024 ​ ​ 1,141 2025 ​ 917 2026 ​ ​ 916 2027 ​ ​ 849 Thereafter ​ ​ 6,584 Total undiscounted cash flows ​ $ 11,316 Discount ​ ​ 1,674 Lease liabilities ​ $ 9,642 ​
Minimum future annual rental income	​ ​ ​ ​ ​ ​ ​ As of (In thousands) ​ March 31, 2023 Nine months ending December 31, 2023 ​ $ 655 2024 ​ ​ 701 2025 ​ 719 2026 ​ 737 2027 ​ ​ 418 Thereafter ​ ​ 1,554 Total ​ $ 4,784

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	3 Months Ended
	Mar. 31, 2023
Goodwill and Other Intangible Assets [Abstract]
Schedule of Components of Goodwill and Other Acquired Intangible Assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ Gross ​ Measurement ​ Accumulated ​ ​ ​ ​ Net ​ Average ​ ​ Carrying ​ Period ​ Impairment ​ Accumulated ​ Carrying ​ Remaining Life (Dollars in thousands) Amount Adjustments ​ Charges Amortization Amount ​ (in years) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill ​ $ 63,933 ​ $ — ​ $ — ​ $ (667) ​ $ 63,266 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other intangible assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortizable ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Core deposit intangible ​ $ 10,504 ​ $ — ​ $ — ​ $ (5,398) ​ $ 5,106 ​ ​ 2.5 Total other intangible assets ​ $ 10,504 ​ $ — ​ $ — ​ $ (5,398) ​ $ 5,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ Gross Measurement ​ Accumulated ​ ​ ​ ​ Net ​ ​ Average ​ Carrying Period ​ Impairment ​ Accumulated ​ Carrying ​ ​ Remaining Life (Dollars in thousands) Amount Adjustments ​ Charges ​ Amortization ​ Amount ​ ​ (in years) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill ​ $ 65,631 ​ $ (155) ​ $ (1,543) ​ $ (667) ​ $ 63,266 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other intangible assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortizable ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Core deposit intangible ​ $ 10,504 ​ $ — ​ $ — ​ $ (4,957) ​ $ 5,547 ​ 2.6 Total other intangible assets ​ $ 10,504 ​ $ — ​ $ — ​ $ (4,957) ​ $ 5,547 ​ ​ ​ ​
Future Amortization Expense for Amortizable Other Intangible Assets	​ ​ ​ ​ ​ (Dollars in thousands) ​ Amortization 2023 ​ $ 1,241 2024 ​ ​ 1,376 2025 ​ 1,070 2026 ​ 765 2027 ​ 459 Thereafter ​ ​ 195 Total amortizing intangible assets ​ $ 5,106

Other Assets (Tables)

Other Assets (Tables)	3 Months Ended
	Mar. 31, 2023
Other Assets [Abstract]
Schedule of Other Assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (Dollars in thousands) 2023 2022 Accrued interest receivable ​ $ 8,218 ​ $ 9,384 Deferred income taxes ​ 10,436 ​ 7,357 Prepaid expenses ​ 3,223 ​ 2,680 Income taxes receivable ​ ​ — ​ ​ 74 Other assets ​ 9,999 ​ 8,506 Total ​ $ 31,876 ​ $ 28,001

Other Liabilities (Tables)

Other Liabilities (Tables)	3 Months Ended
	Mar. 31, 2023
Other Liabilities [Abstract]
Schedule of Other Liabilities	​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) March 31, 2023 December 31, 2022 Accrued interest payable ​ $ 1,309 ​ $ 989 Accrued salaries and wages ​ ​ 710 ​ ​ 1,360 Accounts payable ​ ​ 191 ​ ​ 353 Deferred compensation liability ​ 6,160 ​ 5,679 Income taxes payable ​ 2,811 ​ — Other liabilities ​ 2,021 ​ 1,846 Total ​ $ 13,202 ​ $ 10,227

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2023
Stock-Based Compensation [Abstract]
Schedule of Stock-Based Compensation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ ​ March 31, (Dollars in thousands) 2023 2022 Stock-based compensation expense ​ $ 155 ​ $ 130 Excess tax benefits related to stock-based compensation ​ 22 ​ 43 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ (Dollars in thousands) 2023 2022 Unrecognized stock-based compensation expense ​ $ 464 ​ $ 633 ​ Weighted average period unrecognized expense is expected to be recognized ​ 1.1 years 0.9 years ​
Schedule of Share-based Compensation, Restricted Stock and Units Award Activity	​ ​ ​ ​ ​ ​ ​ ​ ​ 2023 ​ ​ ​ ​ Weighted Average ​ ​ Number of ​ Grant Date ​ Shares Fair Value Nonvested at beginning of period 36,860 ​ $ 20.15 Granted 27,550 ​ 17.49 Vested (29,532) ​ 20.23 Forfeited — ​ — Nonvested at end of period 34,878 ​ $ 17.95 ​

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ December 31, 2022 ​ ​ Notional ​ Estimated ​ Notional ​ Estimated (Dollars in thousands) ​ Amount ​ Fair Value ​ Amount ​ Fair Value Asset - IRLCs ​ $ 7,234 ​ $ 101 ​ $ 4,166 ​ $ 35 Asset - TBA securities ​ ​ 10,000 ​ ​ 142 ​ ​ 8,750 ​ ​ 41 Liability - IRLCs ​ ​ — ​ ​ — ​ ​ 1,150 ​ ​ 7 Liability - TBA securities ​ ​ 12,000 ​ ​ 80 ​ ​ 1,000 ​ ​ 6 ​

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Income [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ gains (losses) on ​ ​ available for sale (Dollars in thousands) ​ securities Balance, December 31, 2022 ​ $ (9,021) Other comprehensive income ​ 860 Balance, March 31, 2023 ​ $ (8,161) ​ ​ ​ ​ Balance, December 31, 2021 ​ $ 56 Other comprehensive (loss) ​ (2,228) Balance, March 31, 2022 ​ $ (2,172)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Measurements [Abstract]
Fair Value Assets and Liabilities Measured on Nonrecurring Basis Valuation Techniques	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range March 31, 2023 ​ ​ ​ MSRs (1) ​ $ 5,310 Market Approach ​ Weighted average prepayment speed (PSA) (2) ​ 121 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IRLCs - asset ​ $ 101 Market Approach ​ Range of pull through rate ​ 82% - 100% ​ ​ ​ ​ ​ ​ ​ Average pull through rate ​ 92% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2022 ​ ​ ​ MSRs (1) ​ $ 5,275 Market Approach ​ Weighted average prepayment speed (PSA) (2) ​ 121 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IRLCs - net asset ​ $ 28 Market Approach ​ Range of pull through rate ​ 78% - 100% ​ ​ ​ ​ ​ ​ ​ Average pull through rate ​ 92% (1) The weighted average was calculated with reference to the principal balance of the underlying mortgages. (2) PSA = Public Securities Association Standard Prepayment Model ​
Schedule of Servicing Asset at Fair Value	​ ​ ​ ​ ​ ​ ​ For the Three Months Ended (Dollars in thousands) March 31, 2023 Beginning balance $ 5,275 Servicing rights resulting from sales of loans ​ ​ 117 Valuation adjustment ​ ​ (82) Ending balance ​ $ 5,310 ​
Schedule of Derivative Asset at Fair Value	​ ​ ​ ​ ​ ​ ​ For the Three Months Ended (Dollars in thousands) March 31, 2023 Beginning balance $ 28 Valuation adjustment ​ ​ 73 Ending balance ​ $ 101 ​
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Significant ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other ​ Significant ​ ​ ​ ​ ​ Quoted ​ Observable ​ Unobservable ​ ​ ​ ​ ​ Prices ​ Inputs ​ Inputs (Dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) March 31, 2023 ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Securities available for sale: ​ ​ ​ ​ U.S. Government agencies ​ $ 18,309 ​ $ — ​ $ 18,309 ​ $ — Mortgage-backed ​ 61,373 ​ — ​ 61,373 ​ — Other debt securities ​ ​ 1,843 ​ ​ — ​ ​ 1,843 ​ ​ — ​ ​ 81,525 ​ — ​ 81,525 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities ​ ​ 1,258 ​ ​ — ​ ​ 1,258 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TBA securities ​ ​ 142 ​ ​ — ​ ​ 142 ​ ​ — LHFS ​ ​ 3,514 ​ ​ — ​ ​ 3,514 ​ ​ — LHFI, at fair value ​ ​ 9,526 ​ ​ — ​ ​ 9,526 ​ ​ — MSRs ​ ​ 5,310 ​ ​ — ​ ​ — ​ ​ 5,310 IRLCs ​ ​ 101 ​ ​ — ​ ​ — ​ ​ 101 Total assets at fair value ​ $ 101,376 ​ $ — ​ $ 95,965 ​ $ 5,411 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TBA securities ​ $ 80 ​ $ — ​ $ 80 ​ $ — Total liabilities at fair value ​ $ 80 ​ $ — ​ $ 80 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Significant ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other ​ Significant ​ ​ ​ ​ ​ Quoted ​ Observable ​ Unobservable ​ ​ ​ ​ ​ Prices ​ Inputs ​ Inputs (Dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) December 31, 2022 ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Securities available for sale: ​ ​ ​ ​ U.S. Government agencies ​ $ 18,178 ​ $ — ​ $ 18,178 ​ $ — Mortgage-backed ​ 63,519 ​ — ​ 63,519 ​ — Other debt securities ​ ​ 1,890 ​ ​ — ​ ​ 1,890 ​ ​ — ​ ​ 83,587 ​ — ​ 83,587 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity securities ​ ​ 1,233 ​ ​ — ​ ​ 1,233 ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TBA securities ​ ​ 41 ​ ​ — ​ ​ 41 ​ ​ — LHFS ​ ​ 4,248 ​ ​ — ​ ​ 4,248 ​ ​ — LHFI, at fair value ​ ​ 8,437 ​ ​ — ​ ​ 8,437 ​ ​ — MSRs ​ ​ 5,275 ​ ​ — ​ ​ — ​ ​ 5,275 IRLCs ​ ​ 35 ​ ​ — ​ ​ — ​ ​ 35 Total assets at fair value ​ $ 102,856 ​ $ — ​ $ 97,546 ​ $ 5,310 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IRLCs ​ $ 7 ​ $ — ​ $ — ​ $ 7 TBA securities ​ ​ 6 ​ ​ — ​ ​ 6 ​ ​ — Total liabilities at fair value ​ $ 13 ​ $ — ​ $ 6 ​ $ 7 ​
Fair Value of Assets Measured on Nonrecurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information about Level 3 Fair Value Measurements ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range Average (1) March 31, 2023 ​ ​ ​ ​ Nonrecurring measurements: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated collateral dependent loans ​ $ 23 Appraisal of collateral ​ Liquidation expense ​ 10% ​ 10% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned ​ $ 179 Appraisal of collateral ​ Appraisal adjustments ​ 0% - 20% ​ (0%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information about Level 3 Fair Value Measurements ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range ​ Average (1) December 31, 2022 ​ ​ ​ ​ ​ Nonrecurring measurements: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other real estate owned ​ $ 197 Appraisal of collateral ​ Appraisal adjustments ​ 0% - 20% ​ (2%) ​ ​ (1) ​
Schedule of Estimated Fair Values of Financial Assets and Liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 December 31, 2022 ​ ​ ​ ​ ​ Estimated ​ ​ ​ ​ Estimated ​ ​ Carrying ​ Fair ​ Carrying ​ Fair (Dollars in thousands) Amount Value Amount Value Financial assets ​ ​ ​ ​ Level 1 inputs ​ ​ ​ ​ Cash and cash equivalents ​ $ 37,709 ​ $ 37,709 ​ $ 55,499 ​ $ 55,499 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 2 inputs ​ ​ ​ ​ Investment securities available for sale ​ $ 81,525 ​ $ 81,525 ​ $ 83,587 ​ $ 83,587 Investment securities held to maturity ​ ​ 549,096 ​ ​ 491,116 ​ ​ 559,455 ​ ​ 494,626 Equity securities ​ ​ 1,258 ​ ​ 1,258 ​ ​ 1,233 ​ ​ 1,233 Restricted securities ​ 15,067 ​ 15,067 ​ 11,169 ​ 11,169 LHFS ​ ​ 3,514 ​ ​ 3,514 ​ ​ 4,248 ​ ​ 4,248 TBA securities ​ ​ 142 ​ ​ 142 ​ ​ 41 ​ ​ 41 Cash surrender value on life insurance ​ 59,711 ​ 59,711 ​ 59,218 ​ 59,218 Loans, at fair value ​ ​ 9,526 ​ ​ 9,526 ​ ​ 8,437 ​ ​ 8,437 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 3 inputs ​ ​ ​ ​ Loans, net ​ $ 2,630,691 ​ $ 2,417,124 ​ $ 2,531,027 ​ $ 2,431,808 MSRs ​ ​ 5,310 ​ ​ 5,310 ​ ​ 5,275 ​ ​ 5,275 IRLCs ​ ​ 101 ​ ​ 101 ​ ​ 35 ​ ​ 35 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities ​ ​ ​ ​ Level 2 inputs ​ ​ ​ ​ Deposits: ​ ​ ​ ​ Noninterest-bearing demand ​ $ 808,679 ​ $ 808,679 ​ $ 862,015 ​ $ 862,015 Checking plus interest ​ 726,070 ​ 726,070 ​ 694,101 ​ 694,101 Money market ​ 675,751 ​ 675,751 ​ 709,132 ​ 709,132 Savings ​ 295,002 ​ 295,002 ​ 319,814 ​ 319,814 Club ​ 755 ​ 755 ​ 374 ​ 374 Certificates of deposit ​ 488,305 ​ 478,065 ​ 424,348 ​ 410,455 Advances from FHLB - short-term ​ 131,500 ​ 131,496 ​ 40,000 ​ 40,002 Subordinated debt ​ ​ 43,150 ​ 40,079 ​ 43,072 ​ 41,193 TBA Securities ​ ​ 80 ​ 80 ​ 6 ​ 6 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 3 inputs ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IRLCs ​ ​ — ​ ​ — ​ ​ 7 ​ 7

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies [Abstract]
Schedule of Commitments Outstanding	​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) March 31, 2023 December 31, 2022 Commitments to extend credit ​ $ 408,789 ​ $ 406,353 Letters of credit ​ 7,861 ​ 8,009 Total ​ $ 416,650 ​ $ 414,362 ​

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue Recognition [Abstract]
Schedule Of Noninterest Income, Segregated By Revenue Streams In-Scope And Out-Of-Scope Of Topic 606	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ ​ March 31, (Dollars in thousands) 2023 2022 Noninterest Income ​ ​ In-scope of Topic 606: ​ ​ Service charges on deposit accounts ​ $ 1,213 ​ $ 1,359 Trust and investment fee income ​ 432 ​ 514 Interchange income ​ ​ 1,212 ​ ​ 1,038 Title Company revenue ​ ​ 137 ​ ​ 323 Other noninterest income ​ 794 ​ 460 Noninterest Income (in-scope of Topic 606) ​ 3,788 ​ 3,694 Noninterest Income (out-of-scope of Topic 606) ​ 1,546 ​ 2,352 Total Noninterest Income ​ $ 5,334 ​ $ 6,046

Adoption of Accounting Standa_3

Adoption of Accounting Standards - Narrative (Details) - USD ($)	Mar. 31, 2023	Jan. 31, 2023	Dec. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings	$ 167,864,000	$ (7,800,000)	$ 171,613,000
Amount, after allowance for credit loss, of accrued interest	$ 6,200,000
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Other Assets
Amount of allowance for credit loss on accrued interest on financing receivable	$ 0
Other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Available for sale debt securities and has included such accrued interest	$ 1,800,000

Adoption of Accounting Standa_4

Adoption of Accounting Standards - Reserve for Unfunded Commitments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jan. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	$ 2,668,681			$ 14,922
Less: allowance for credit losses	(28,464)			(16,643)	$ (14,710)	$ (13,944)
Loans, net	$ 2,640,217
Loan Risk Rating				2,556,107
Allowance for credit losses				(16,643)
Loans, net				2,539,464
Reserve for Unfunded Commitments				316
Cumulative Effect, Period of Adoption, Adjusted Balance | Accounting Standards Update 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		$ 2,556,267
Less: allowance for credit losses		(27,434)
Loans, net		2,528,833
Reserve for Unfunded Commitments		$ 581
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less: allowance for credit losses				$ (10,791)
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)			$ 160
Less: allowance for credit losses			(10,791)
Loans, net			(10,631)
Reserve for Unfunded Commitments			$ 265

Earnings Per Share (Calculation

Earnings Per Share (Calculation of Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Net income	$ 6,457	$ 5,613
Weighted average shares outstanding - Basic (in shares)	19,886	19,828
Weighted average shares outstanding - Diluted (in shares)	19,886	19,828
Earnings per common share - Basic	$ 0.32	$ 0.28
Earnings per common share - Diluted	$ 0.32	$ 0.28
Weighted average common stock excluded from calculation of diluted EPS		0
Potentially dilutive shares outstanding	0

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) security	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Proceeds from sale and maturity of marketable securities	$ 0	$ 0
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions | security	115
Available-for-sale securities, continuous unrealized loss position, unrealized losses	$ 11,235		$ 12,419
Debt Securities, available-for-sale, impairment loss	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	6,457	5,613
Equity Securities Fv Ni	1,258		1,233
Securities past due or on nonaccrual	0
Revision of Prior Period, Change in Accounting Principle, Adjustment
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	17	$ (70)
Mortgage-backed
Available-for-sale securities, continuous unrealized loss position, unrealized losses	7,779		8,699
U.S. Government agencies
Available-for-sale securities, continuous unrealized loss position, unrealized losses	3,283		3,592
Other debt securities
Available-for-sale securities, continuous unrealized loss position, unrealized losses	$ 173		$ 128

Investment Securities - Activit

Investment Securities - Activity in the ACL on held-to maturity securities (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Activity in the ACL on held-to maturity securities
Other debt securities, provision for credit losses	$ 163
Balance, end of Period	$ 163

Investment Securities (Amortize

Investment Securities (Amortized Cost and Estimated Fair Values of Investment Securities) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost	$ 92,754	$ 95,999
Available-for-sale securities, Amortized Cost	92,754
Available-for-sale securities, Gross Unrealized Gains	6	7
Available-for-sale securities, Gross Unrealized Losses	11,235	12,419
Available-for-sale, at fair value (amortized cost of $92,754 (2023) and $95,999 (2022))	81,525	83,587
Held-to-maturity Securities, Amortized Cost	549,096	559,455
Held-to-maturity Securities, Amortized Cost	549,096	559,455
Held-to-maturity securities, Gross Unrealized Gains	54	35
Held-to-maturity securities, Gross Unrealized Losses	58,034	64,863
Held-to-maturity securities, Estimated Fair Value	491,116	494,627
Equity securities, at fair value	1,258	1,233
U.S. Government agencies
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost		21,798
Available-for-sale securities, Amortized Cost	21,587
Available-for-sale securities, Gross Unrealized Gains	5	5
Available-for-sale securities, Gross Unrealized Losses	3,283	3,625
Available-for-sale, at fair value (amortized cost of $92,754 (2023) and $95,999 (2022))	18,309	18,178
Held-to-maturity Securities, Amortized Cost		148,097
Held-to-maturity Securities, Amortized Cost	146,699
Held-to-maturity securities, Gross Unrealized Losses	11,815	13,601
Held-to-maturity securities, Estimated Fair Value	134,884	134,496
States and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Held-to-maturity Securities, Amortized Cost		1,474
Held-to-maturity Securities, Amortized Cost	1,473
Held-to-maturity securities, Gross Unrealized Gains	54	35
Held-to-maturity securities, Gross Unrealized Losses	13	28
Held-to-maturity securities, Estimated Fair Value	1,514	1,481
Mortgage-backed
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost		72,183
Available-for-sale securities, Amortized Cost	69,151
Available-for-sale securities, Gross Unrealized Gains	1	2
Available-for-sale securities, Gross Unrealized Losses	7,779	8,666
Available-for-sale, at fair value (amortized cost of $92,754 (2023) and $95,999 (2022))	61,373	63,519
Held-to-maturity Securities, Amortized Cost		398,884
Held-to-maturity Securities, Amortized Cost	389,924
Held-to-maturity securities, Gross Unrealized Losses	45,379	50,464
Held-to-maturity securities, Estimated Fair Value	344,545	348,420
Other debt securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost		2,018
Available-for-sale securities, Amortized Cost	2,016
Available-for-sale securities, Gross Unrealized Losses	173	128
Available-for-sale, at fair value (amortized cost of $92,754 (2023) and $95,999 (2022))	1,843	1,890
Held-to-maturity Securities, Amortized Cost		11,000
Held-to-maturity Securities, Amortized Cost	11,000
Held-to-maturity securities, Gross Unrealized Losses	827	770
Held-to-maturity securities, Estimated Fair Value	$ 10,173	$ 10,230

Investment Securities (Credit Q

Investment Securities (Credit Quality Information) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	$ 549,096	$ 559,455
Speculative
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	0	$ 0
Aaa
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	137,358
Aa1
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	1,473
A3
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	4,000
Baa1
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	4,000
Baa2
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	500
Baa3
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	500
NR
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	401,265
U.S. Government agencies
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	146,699
U.S. Government agencies | Aaa
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	137,358
U.S. Government agencies | NR
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	9,341
Mortgage-backed
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	389,924
Mortgage-backed | NR
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	389,924
States and political subdivisions
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	1,473
States and political subdivisions | Aa1
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	1,473
Other debt securities
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	11,000
Other debt securities | A3
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	4,000
Other debt securities | Baa1
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	4,000
Other debt securities | Baa2
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	500
Other debt securities | Baa3
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	500
Other debt securities | NR
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity Securities, Amortized Cost	$ 2,000

Investment Securities (Gross Un

Investment Securities (Gross Unrealized Losses and Fair Value by Length of Continuous Unrealized Loss Position) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	$ 2,814	$ 32,180
Available-for-sale securities, continuous unrealized loss position, less than 12 Months, unrealized losses	38	2,541
Available-for-sale securities, continuous unrealized loss position, more than 12 Months, fair value	77,953	50,752
Available-for-sale securities, continuous unrealized loss position, more than 12 Months, unrealized losses	11,197	9,878
Available-for-sale securities, continuous unrealized loss position, fair value	80,767	82,932
Available-for-sale securities, continuous unrealized loss position, unrealized losses	11,235	12,419
Held-to-maturity securities, continuous unrealized loss position, less than 12 Months, fair value		224,974
Held-to-maturity securities, continuous unrealized loss position, less than 12 Months, unrealized losses		12,625
Held-to-maturity securities, continuous unrealized loss position, more than 12 Months, fair value		268,951
Held-to-maturity securities, continuous unrealized loss position, more than 12 Months, unrealized losses		52,238
Held-to-maturity securities, continuous unrealized loss position, fair value		493,925
Held-to-maturity securities, continuous unrealized loss position, unrealized losses		64,863
Mortgage-backed
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	1,754	29,125
Available-for-sale securities, continuous unrealized loss position, less than 12 Months, unrealized losses	32	2,409
Available-for-sale securities, continuous unrealized loss position, more than 12 Months, fair value	59,277	34,167
Available-for-sale securities, continuous unrealized loss position, more than 12 Months, unrealized losses	7,747	6,290
Available-for-sale securities, continuous unrealized loss position, fair value	61,031	63,292
Available-for-sale securities, continuous unrealized loss position, unrealized losses	7,779	8,699
Held-to-maturity securities, continuous unrealized loss position, less than 12 Months, fair value		148,771
Held-to-maturity securities, continuous unrealized loss position, less than 12 Months, unrealized losses		9,402
Held-to-maturity securities, continuous unrealized loss position, more than 12 Months, fair value		199,649
Held-to-maturity securities, continuous unrealized loss position, more than 12 Months, unrealized losses		41,062
Held-to-maturity securities, continuous unrealized loss position, fair value		348,420
Held-to-maturity securities, continuous unrealized loss position, unrealized losses		50,464
U.S. Government agencies
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	1,060	1,165
Available-for-sale securities, continuous unrealized loss position, less than 12 Months, unrealized losses	6	4
Available-for-sale securities, continuous unrealized loss position, more than 12 Months, fair value	16,833	16,585
Available-for-sale securities, continuous unrealized loss position, more than 12 Months, unrealized losses	3,277	3,588
Available-for-sale securities, continuous unrealized loss position, fair value	17,893	17,750
Available-for-sale securities, continuous unrealized loss position, unrealized losses	3,283	3,592
Held-to-maturity securities, continuous unrealized loss position, less than 12 Months, fair value		67,332
Held-to-maturity securities, continuous unrealized loss position, less than 12 Months, unrealized losses		2,786
Held-to-maturity securities, continuous unrealized loss position, more than 12 Months, fair value		67,163
Held-to-maturity securities, continuous unrealized loss position, more than 12 Months, unrealized losses		10,815
Held-to-maturity securities, continuous unrealized loss position, fair value		134,495
Held-to-maturity securities, continuous unrealized loss position, unrealized losses		13,601
Other debt securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value		1,890
Available-for-sale securities, continuous unrealized loss position, less than 12 Months, unrealized losses		128
Available-for-sale securities, continuous unrealized loss position, more than 12 Months, fair value	1,843
Available-for-sale securities, continuous unrealized loss position, more than 12 Months, unrealized losses	173
Available-for-sale securities, continuous unrealized loss position, fair value	1,843	1,890
Available-for-sale securities, continuous unrealized loss position, unrealized losses	$ 173	128
Held-to-maturity securities, continuous unrealized loss position, less than 12 Months, fair value		8,091
Held-to-maturity securities, continuous unrealized loss position, less than 12 Months, unrealized losses		409
Held-to-maturity securities, continuous unrealized loss position, more than 12 Months, fair value		2,139
Held-to-maturity securities, continuous unrealized loss position, more than 12 Months, unrealized losses		361
Held-to-maturity securities, continuous unrealized loss position, fair value		10,230
Held-to-maturity securities, continuous unrealized loss position, unrealized losses		770
States and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value		780
Available-for-sale securities, continuous unrealized loss position, less than 12 Months, unrealized losses		28
Available-for-sale securities, continuous unrealized loss position, fair value		780
Available-for-sale securities, continuous unrealized loss position, unrealized losses		$ 28

Investment Securities (Amorti_2

Investment Securities (Amortized Cost and Estimated Fair Value by Maturity Date) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Investment Securities [Abstract]
Available for sale, Amortized Cost, Due in one year or less	$ 46
Available for sale, Amortized Cost, Due after one year through five years	7,004
Available for sale, Amortized Cost, Due after five years through ten years	40,359
Available for sale, Amortized Cost, Due after ten years	45,345
Available-for-sale securities, Amortized Cost	92,754	$ 95,999
Available for sale, Estimated Fair Value, Due in one year or less	46
Available for sale, Estimated Fair Value, Due after one year through five years	6,733
Available for sale, Estimated Fair Value, Due after five years through ten years	36,068
Available for sale, Estimated Fair Value, Due after ten years	38,678
Available-for-sale Securities, Debt Securities, Total	81,525	83,587
Held to maturity securities, Amortized Cost, Due in one year or less	1,061
Held to maturity securities, Amortized Cost, Due after one year through five years	118,384
Held to maturity securities, Amortized Cost, Due after five years through ten years	65,244
Held to maturity securities, Amortized Cost, Due after ten years	364,407
Held-to-maturity Securities, Amortized Cost	549,096	559,455
Held to maturity securities, Estimated Fair Value, Due in one year or less	1,042
Held to maturity securities, Estimated Fair Value, Due after one year through five years	111,443
Held to maturity securities, Estimated Fair Value, Due after five years through ten years	59,798
Held to maturity securities, Estimated Fair Value, Due after ten years	318,833
Held-to-maturity Securities, Fair Value, Total	$ 491,116	$ 494,627

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses (Narrative) (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023 USD ($) item	Dec. 31, 2022 USD ($) item
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing receivable, recorded investment, nonaccrual status	$ 1,894	$ 1,908
Mortgage loans in process of foreclosure, amount		18
Loans and leases receivable, net amount, total		2,539,464
Loans, net	2,640,217
Amount of loans modified	0
Federal National Mortgage Association
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, net	349,800
Federal Home Loan Mortgage Corporation
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, net	74,900
Residential real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing receivable, recorded investment, nonaccrual status	1,489	1,259
Mortgage loans in process of foreclosure, amount	$ 39	$ 263
Number of residential real estate property | item	0	1
Consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing receivable, recorded investment, nonaccrual status	$ 61	$ 28
Northwest Bank Branches
Financing Receivable, Allowance for Credit Losses [Line Items]
Deferred costs, net of fees	1,700	1,400
Severn Bancorp, Inc.
Financing Receivable, Allowance for Credit Losses [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financing Receivable Net of Allowance	342,800	372,200
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financing Receivable, Related Discount	$ 6,000	$ 6,700

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses (Loans by Class of Loan Portfolio) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		$ 2,556,107
Allowance for credit losses		(16,643)
Loans, net		2,539,464
Acquired loans - PCI		26,642
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	$ 2,668,681	14,922
Less: allowance for credit losses	(28,464)	(16,643)	$ (14,710)	$ (13,944)
Loans, net	2,640,217
PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		26,642
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	2,668,681
Construction
Loans and Leases Receivable Disclosure [Line Items]
Allowance for credit losses		(2,973)
Acquired loans - PCI		650
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	250,447
Severn Bancorp, Inc.
Loans and Leases Receivable Disclosure [Line Items]
Outstanding principal balance		378,882
Acquired loans - PCI		372,183
Severn Bancorp, Inc. | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Outstanding principal balance		29,620
Acquired loans - PCI		26,642
Severn Bancorp, Inc. | Performing loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Outstanding principal balance		349,262
Acquired loans - PCI		345,541
Commercial and Residential Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		246,319
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	250,447	5,382
Less: allowance for credit losses			(2,857)	(2,454)
Commercial and Residential Real Estate | Construction | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		650
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	250,447
Commercial and Residential Real Estate | Severn Bancorp, Inc. | Construction
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		19,411
Commercial and Residential Real Estate | Severn Bancorp, Inc. | Construction | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		650
Commercial and Residential Real Estate | Severn Bancorp, Inc. | Construction | Performing loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		18,761
Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		810,497
Allowance for credit losses		(2,622)
Acquired loans - PCI		13,956
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	866,225	8,212
Less: allowance for credit losses	(8,747)	(2,622)	(2,575)	(2,858)
Residential real estate | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		13,956
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	866,225
Residential real estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Less: allowance for credit losses	(2,689)	(2,973)
Residential real estate | Severn Bancorp, Inc.
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		130,074
Residential real estate | Severn Bancorp, Inc. | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		13,956
Residential real estate | Severn Bancorp, Inc. | Performing loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		116,118
Commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		1,065,409
Allowance for credit losses		(4,899)
Acquired loans - PCI		11,866
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	1,096,937	1,079
Less: allowance for credit losses	(9,858)	(4,899)	(4,500)	(4,598)
Commercial real estate | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		11,866
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	1,096,937
Commercial real estate | Severn Bancorp, Inc.
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		186,144
Commercial real estate | Severn Bancorp, Inc. | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		11,866
Commercial real estate | Severn Bancorp, Inc. | Performing loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		174,278
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		147,856
Allowance for credit losses		(1,652)
Acquired loans - PCI		156
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	140,312	15
Less: allowance for credit losses	(1,860)	(1,652)	(1,805)	(2,070)
Commercial | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		156
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	140,312
Commercial | Severn Bancorp, Inc.
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		35,843
Commercial | Severn Bancorp, Inc. | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		156
Commercial | Severn Bancorp, Inc. | Performing loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		35,687
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		286,026
Allowance for credit losses		(4,497)
Acquired loans - PCI		14
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	314,760	234
Less: allowance for credit losses	(5,310)	(4,497)	$ (2,973)	$ (1,964)
Consumer | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		14
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	$ 314,760
Consumer | Severn Bancorp, Inc.
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		711
Consumer | Severn Bancorp, Inc. | PCI loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		14
Consumer | Severn Bancorp, Inc. | Performing loans acquired
Loans and Leases Receivable Disclosure [Line Items]
Acquired loans - PCI		$ 697

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Nonaccrual loans by loan class (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Loans and Leases Receivable Disclosure [Line Items]
Nonaccrual with no allowance for credit loss	$ 1,858
Nonaccrual with an allowance for credit loss	36
Loans past due 90 days or more and still accruing	611
Interest income	1
Construction
Loans and Leases Receivable Disclosure [Line Items]
Nonaccrual with no allowance for credit loss	177
Loans past due 90 days or more and still accruing	24
Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Nonaccrual with no allowance for credit loss	1,477
Nonaccrual with an allowance for credit loss	12
Loans past due 90 days or more and still accruing	218
Commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans past due 90 days or more and still accruing	369
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Nonaccrual with no allowance for credit loss	167
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Nonaccrual with no allowance for credit loss	37
Nonaccrual with an allowance for credit loss	$ 24

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Loan risk ratings (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Financing receivable allowance for credit loss
Prior	$ 669,941
2019	158,438
2020	277,622
2021	548,277
2022	721,548
2023	158,692
Revolving loans	132,848
Revolving converted to term loans	1,315
Financing Receivable, before Allowance for Credit Loss, Total	2,668,681	$ 14,922
Gross charge-offs
2023	(107)
Total	(107)
Construction
Financing receivable allowance for credit loss
Prior	28,615
2019	7,814
2020	16,531
2021	67,834
2022	108,670
2023	20,197
Revolving loans	786
Financing Receivable, before Allowance for Credit Loss, Total	250,447
Construction | Pass
Financing receivable allowance for credit loss
Prior	28,379
2019	7,814
2020	16,531
2021	67,810
2022	108,670
2023	20,197
Revolving loans	786
Financing Receivable, before Allowance for Credit Loss, Total	250,187
Construction | Substandard
Financing receivable allowance for credit loss
Prior	236
2021	24
Financing Receivable, before Allowance for Credit Loss, Total	260
Residential real estate
Financing receivable allowance for credit loss
Prior	229,555
2019	38,023
2020	75,277
2021	175,925
2022	222,994
2023	53,436
Revolving loans	71,015
Financing Receivable, before Allowance for Credit Loss, Total	866,225	8,212
Residential real estate | Pass
Financing receivable allowance for credit loss
Prior	226,659
2019	38,023
2020	75,277
2021	175,925
2022	222,994
2023	53,436
Revolving loans	70,635
Financing Receivable, before Allowance for Credit Loss, Total	862,949
Residential real estate | Special Mention
Financing receivable allowance for credit loss
Prior	932
Revolving loans	256
Financing Receivable, before Allowance for Credit Loss, Total	1,188
Residential real estate | Substandard
Financing receivable allowance for credit loss
Prior	1,964
Revolving loans	124
Financing Receivable, before Allowance for Credit Loss, Total	2,088
Commercial real estate
Financing receivable allowance for credit loss
Prior	392,079
2019	106,458
2020	155,585
2021	174,545
2022	208,815
2023	49,380
Revolving loans	10,047
Revolving converted to term loans	28
Financing Receivable, before Allowance for Credit Loss, Total	1,096,937	1,079
Commercial real estate | Pass
Financing receivable allowance for credit loss
Prior	389,646
2019	106,316
2020	155,585
2021	173,010
2022	208,815
2023	49,380
Revolving loans	10,047
Revolving converted to term loans	28
Financing Receivable, before Allowance for Credit Loss, Total	1,092,827
Commercial real estate | Special Mention
Financing receivable allowance for credit loss
Prior	1,762
2019	142
2021	1,535
Financing Receivable, before Allowance for Credit Loss, Total	3,439
Commercial real estate | Substandard
Financing receivable allowance for credit loss
Prior	671
Financing Receivable, before Allowance for Credit Loss, Total	671
Commercial
Financing receivable allowance for credit loss
Prior	18,632
2019	4,291
2020	11,125
2021	35,606
2022	17,833
2023	1,211
Revolving loans	50,327
Revolving converted to term loans	1,287
Financing Receivable, before Allowance for Credit Loss, Total	140,312	15
Gross charge-offs
2023	(107)
Total	(107)
Commercial | Pass
Financing receivable allowance for credit loss
Prior	18,465
2019	4,291
2020	11,125
2021	35,137
2022	17,833
2023	1,211
Revolving loans	50,327
Revolving converted to term loans	1,287
Financing Receivable, before Allowance for Credit Loss, Total	139,676
Commercial | Special Mention
Financing receivable allowance for credit loss
2021	469
Financing Receivable, before Allowance for Credit Loss, Total	469
Commercial | Substandard
Financing receivable allowance for credit loss
Prior	167
Financing Receivable, before Allowance for Credit Loss, Total	167
Consumer
Financing receivable allowance for credit loss
Prior	1,060
2019	1,852
2020	19,104
2021	94,367
2022	163,236
2023	34,468
Revolving loans	673
Financing Receivable, before Allowance for Credit Loss, Total	314,760	$ 234
Consumer | Pass
Financing receivable allowance for credit loss
Prior	1,060
2019	1,825
2020	19,104
2021	94,357
2022	163,213
2023	34,468
Revolving loans	671
Financing Receivable, before Allowance for Credit Loss, Total	314,698
Consumer | Special Mention
Financing receivable allowance for credit loss
Revolving loans	2
Financing Receivable, before Allowance for Credit Loss, Total	2
Consumer | Substandard
Financing receivable allowance for credit loss
2019	27
2021	10
2022	23
Financing Receivable, before Allowance for Credit Loss, Total	$ 60

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses (Aging of Past Due Financing Receivables) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 2,668,681	$ 14,922
Nonaccrual	$ 1,894	1,908
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		$ 2,556,107
Percent of total loans, Total past due		0.60%
Percent of total loans, Nonaccrual	0.10%	0.10%
Percent of total loans, Total loans		100%
Loans, net	$ 9,526	$ 8,437
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	2,668,681	14,922
PCI loans acquired
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 2,668,681
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		$ 26,642
Percent of total loans, Total loans	100%	1%
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	$ 2,668,681
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 2,658,159	$ 2,512,635
Percent of total loans, Current	99.60%	98.30%
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	$ 2,658,159	$ 2,512,635
Financial Asset, Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 8,628
Percent of total loans, Total past due	0.30%
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	$ 8,628
Financing Receivables, 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 6,923	$ 11,164
Percent of total loans, Total past due	0.30%	0.40%
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	$ 6,923	$ 11,164
Financing Receivables, 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	1,094	$ 1,917
Percent of total loans, Total past due		0.10%
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	1,094	$ 1,917
Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	611	$ 1,841
Percent of total loans, Total past due		0.10%
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	611	$ 1,841
Residential real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	866,225	8,212
Nonaccrual	1,489	1,259
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		810,497
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	866,225	8,212
Residential real estate | PCI loans acquired
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	866,225
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		13,956
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	866,225
Residential real estate | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	858,389	787,070
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	858,389	787,070
Residential real estate | Financial Asset, Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	6,347
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	6,347
Residential real estate | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	5,177	6,214
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	5,177	6,214
Residential real estate | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	952	891
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	952	891
Residential real estate | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	218	1,107
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	218	1,107
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	1,096,937	1,079
Nonaccrual		150
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		1,065,409
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	1,096,937	1,079
Commercial real estate | PCI loans acquired
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	1,096,937
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		11,866
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	1,096,937
Commercial real estate | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	1,096,189	1,052,314
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	1,096,189	1,052,314
Commercial real estate | Financial Asset, Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	748
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	748
Commercial real estate | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	337	369
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	337	369
Commercial real estate | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	42
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	42
Commercial real estate | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	369	710
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	369	710
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	140,312	15
Nonaccrual	167	174
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		147,856
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	140,312	15
Commercial | PCI loans acquired
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	140,312
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		156
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	140,312
Commercial | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	140,096	147,511
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	140,096	147,511
Commercial | Financial Asset, Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	49
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	49
Commercial | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	45	15
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	45	15
Commercial | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	4
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	4
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	314,760	234
Nonaccrual	61	28
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		286,026
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	314,760	234
Consumer | PCI loans acquired
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	314,760
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		14
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	314,760
Consumer | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	314,039	285,750
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	314,039	285,750
Consumer | Financial Asset, Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	660
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	660
Consumer | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	633	223
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	633	223
Consumer | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	27	11
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	27	11
Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	250,447
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	250,447
Construction | Commercial and Residential Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	250,447	5,382
Nonaccrual	177	297
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		246,319
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	250,447	5,382
Construction | Commercial and Residential Real Estate | PCI loans acquired
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	250,447
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)		650
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	250,447
Construction | Commercial and Residential Real Estate | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	249,446	239,990
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	249,446	239,990
Construction | Commercial and Residential Real Estate | Financial Asset, Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	824
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	824
Construction | Commercial and Residential Real Estate | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	731	4,343
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	731	4,343
Construction | Commercial and Residential Real Estate | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	69	1,015
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	69	1,015
Construction | Commercial and Residential Real Estate | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	24	24
Loans held for investment ($9,526 (2023) and $8,437 (2022), at fair value)	$ 24	$ 24

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses (Allowance for Credit Losses on Financing Receivables) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Allowance for credit losses allocated to:
Beginning balance	$ 16,643	$ 13,944
Charge-offs	(107)	(108)
Recoveries	87	274
Net (charge-offs) recoveries	(20)	166
Provision	1,050	600
Ending balance	28,464	14,710
Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses allocated to:
Beginning balance	10,791
Commercial and Residential Real Estate | Construction
Allowance for credit losses allocated to:
Beginning balance		2,454
Recoveries		3
Net (charge-offs) recoveries		3
Provision		400
Ending balance		2,857
Residential real estate
Allowance for credit losses allocated to:
Beginning balance	2,622	2,858
Recoveries	31	46
Net (charge-offs) recoveries	31	46
Provision	1,120	(329)
Ending balance	8,747	2,575
Residential real estate | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses allocated to:
Beginning balance	4,974
Residential real estate | Construction
Allowance for credit losses allocated to:
Beginning balance	2,973
Recoveries	3
Net (charge-offs) recoveries	3
Provision	(1,509)
Ending balance	2,689
Residential real estate | Construction | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses allocated to:
Beginning balance	1,222
Commercial real estate
Allowance for credit losses allocated to:
Beginning balance	4,899	4,598
Recoveries		150
Net (charge-offs) recoveries		150
Provision	1,217	(248)
Ending balance	9,858	4,500
Commercial real estate | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses allocated to:
Beginning balance	3,742
Commercial
Allowance for credit losses allocated to:
Beginning balance	1,652	2,070
Charge-offs	(107)	(92)
Recoveries	53	68
Net (charge-offs) recoveries	(54)	(24)
Provision	(139)	(241)
Ending balance	1,860	1,805
Commercial | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses allocated to:
Beginning balance	401
Consumer
Allowance for credit losses allocated to:
Beginning balance	4,497	1,964
Charge-offs		(16)
Recoveries		7
Net (charge-offs) recoveries		(9)
Provision	361	1,018
Ending balance	5,310	$ 2,973
Consumer | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses allocated to:
Beginning balance	$ 452

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses (Troubled Debt Restructurings on Financing Receivables) (Details)	3 Months Ended
	Mar. 31, 2022 contract
Loans and Allowance for Credit Losses [Abstract]
Number of contracts	0

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses (PCI Loans Acquired) (Details) - Severn Bancorp, Inc. - PCI loans acquired $ in Thousands	3 Months Ended
	Mar. 31, 2022 USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Accretable yield, beginning of period	$ 5,367
Accretion	(394)
Accretable yield, end of period	$ 4,973

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses (Impaired Financing Receivables by Loan Class) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Impaired Nonaccrual Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	$ 2,207
Recorded investment with no allowance	1,908
Year-to-date average recorded investment	3,108
Impaired Accruing Restructured Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	4,539
Recorded investment with no allowance	2,866
Recorded investment with an allowance	1,539
Related allowance	127
Year-to-date average recorded investment	5,412
Interest recorded investment	48
Other Impaired Accruing Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	1,841
Recorded investment with no allowance	1,841
Year-to-date average recorded investment	493
Interest recorded investment	4
Impaired Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	8,587
Recorded investment with no allowance	6,615
Recorded investment with an allowance	1,539
Related allowance	127
Year-to-date average recorded investment	9,013
Interest recorded investment	52
Residential real estate | Impaired Nonaccrual Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	1,363
Recorded investment with no allowance	1,259
Year-to-date average recorded investment	1,476
Residential real estate | Impaired Accruing Restructured Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	2,849
Recorded investment with no allowance	1,176
Recorded investment with an allowance	1,539
Related allowance	127
Year-to-date average recorded investment	2,809
Interest recorded investment	25
Residential real estate | Other Impaired Accruing Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	1,107
Recorded investment with no allowance	1,107
Year-to-date average recorded investment	29
Interest recorded investment	3
Residential real estate | Impaired Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	5,319
Recorded investment with no allowance	3,542
Recorded investment with an allowance	1,539
Related allowance	127
Year-to-date average recorded investment	4,314
Interest recorded investment	28
Commercial real estate | Impaired Nonaccrual Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	159
Recorded investment with no allowance	150
Year-to-date average recorded investment	906
Commercial real estate | Impaired Accruing Restructured Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	1,680
Recorded investment with no allowance	1,680
Year-to-date average recorded investment	2,581
Interest recorded investment	23
Commercial real estate | Other Impaired Accruing Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	710
Recorded investment with no allowance	710
Year-to-date average recorded investment	417
Interest recorded investment	1
Commercial real estate | Impaired Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	2,549
Recorded investment with no allowance	2,540
Year-to-date average recorded investment	3,904
Interest recorded investment	24
Commercial | Impaired Nonaccrual Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	359
Recorded investment with no allowance	174
Year-to-date average recorded investment	321
Commercial | Other Impaired Accruing Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Year-to-date average recorded investment	9
Commercial | Impaired Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	359
Recorded investment with no allowance	174
Year-to-date average recorded investment	330
Consumer | Impaired Nonaccrual Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	29
Recorded investment with no allowance	28
Year-to-date average recorded investment	74
Consumer | Other Impaired Accruing Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Year-to-date average recorded investment	38
Consumer | Impaired Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	29
Recorded investment with no allowance	28
Year-to-date average recorded investment	112
Construction | Commercial and Residential Real Estate | Impaired Nonaccrual Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	297
Recorded investment with no allowance	297
Year-to-date average recorded investment	331
Construction | Commercial and Residential Real Estate | Impaired Accruing Restructured Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	10
Recorded investment with no allowance	10
Year-to-date average recorded investment	22
Construction | Commercial and Residential Real Estate | Other Impaired Accruing Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	24
Recorded investment with no allowance	24
Construction | Commercial and Residential Real Estate | Impaired Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid principal balance	331
Recorded investment with no allowance	331
Year-to-date average recorded investment	$ 353

Loans and Allowance for Cred_12

Loans and Allowance for Credit Losses (Allowance for Credit Losses on Loans Receivable with Impairment) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans individually evaluated for impairment		$ 8,154
Loans collectively evaluated for impairment		2,512,874
Acquired loans - PCI		26,642
Total loans		2,547,670
Allowance for credit losses allocated to:
Loans individually evaluated for impairment		127
Loans collectively evaluated for impairment		16,516
Loans and Leases Receivable, Allowance, Total		16,643
Loans, net	$ 9,526	8,437
Construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans individually evaluated for impairment		331
Loans collectively evaluated for impairment		236,901
Acquired loans - PCI		650
Total loans		237,882
Allowance for credit losses allocated to:
Loans collectively evaluated for impairment		2,973
Loans and Leases Receivable, Allowance, Total		2,973
Residential real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans individually evaluated for impairment		5,081
Loans collectively evaluated for impairment		791,460
Acquired loans - PCI		13,956
Total loans		810,497
Allowance for credit losses allocated to:
Loans individually evaluated for impairment		127
Loans collectively evaluated for impairment		2,495
Loans and Leases Receivable, Allowance, Total		2,622
Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans individually evaluated for impairment		2,540
Loans collectively evaluated for impairment		1,051,003
Acquired loans - PCI		11,866
Total loans		1,065,409
Allowance for credit losses allocated to:
Loans collectively evaluated for impairment		4,899
Loans and Leases Receivable, Allowance, Total		4,899
Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans individually evaluated for impairment		174
Loans collectively evaluated for impairment		147,526
Acquired loans - PCI		156
Total loans		147,856
Allowance for credit losses allocated to:
Loans collectively evaluated for impairment		1,652
Loans and Leases Receivable, Allowance, Total		1,652
Consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans individually evaluated for impairment		28
Loans collectively evaluated for impairment		285,984
Acquired loans - PCI		14
Total loans		286,026
Allowance for credit losses allocated to:
Loans collectively evaluated for impairment		4,497
Loans and Leases Receivable, Allowance, Total		$ 4,497

Loans and Allowance for Cred_13

Loans and Allowance for Credit Losses (Troubled Debt Restructurings With Subsequent Default) (Details)	3 Months Ended
	Mar. 31, 2022 contract
Loans and Allowance for Credit Losses [Abstract]
Number of contracts modified as TDRs which subsequently defaulted within 12 months	0

Loans and Allowance for Cred_14

Loans and Allowance for Credit Losses (Financing Receivable Credit Quality Indicators) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	$ 2,556,107
PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	26,642
Pass Performing
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	2,338,936
Pass
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	184,544
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	3,539
Substandard
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	2,446
Doubtful | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	26,642
Commercial and Residential Real Estate | Construction Loans
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	246,319
Commercial and Residential Real Estate | Construction Loans | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	650
Commercial and Residential Real Estate | Construction Loans | Pass Performing
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	231,160
Commercial and Residential Real Estate | Construction Loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	14,212
Commercial and Residential Real Estate | Construction Loans | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	297
Commercial and Residential Real Estate | Construction Loans | Doubtful | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	650
Residential real estate
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	810,497
Residential real estate | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	13,956
Residential real estate | Pass Performing
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	761,405
Residential real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	32,467
Residential real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	1,239
Residential real estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	1,430
Residential real estate | Doubtful | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	13,956
Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	1,065,409
Commercial real estate | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	11,866
Commercial real estate | Pass Performing
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	929,501
Commercial real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	121,711
Commercial real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	1,814
Commercial real estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	517
Commercial real estate | Doubtful | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	11,866
Commercial
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	147,856
Commercial | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	156
Commercial | Pass Performing
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	131,084
Commercial | Pass
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	15,958
Commercial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	484
Commercial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	174
Commercial | Doubtful | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	156
Consumer
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	286,026
Consumer | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	14
Consumer | Pass Performing
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	285,786
Consumer | Pass
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	196
Consumer | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	2
Consumer | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	28
Consumer | Doubtful | PCI loans acquired
Financing Receivable, Recorded Investment [Line Items]
Loan Risk Rating	$ 14

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Option to extend lease term	true
H.S. West, LLC [Member]
Gross rental income	$ 393	$ 272

Leases (Lease Information) (Det

Leases (Lease Information) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Lease liabilities	$ 9,642	$ 9,908
Right-of-use assets	$ 9,344	$ 9,629
Weighted average remaining lease term	12 years 5 months 15 days	12 years 6 months 18 days
Weighted average discount rate	2.54%	2.50%

Leases (Lease cost) (Details)

Leases (Lease cost) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Operating lease cost	$ 340	$ 351
Total lease cost	340	351
Cash paid for amounts included in the measurement of lease liabilities	$ 322	$ 327

Leases (Lease Payments Due) (De

Leases (Lease Payments Due) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Nine months ending December 31, 2023	$ 909
2024	1,141
2025	917
2026	916
2027	849
Thereafter	6,584
Total undiscounted cash flows	11,316
Discount	1,674
Lease liabilities	$ 9,642	$ 9,908

Leases (Minimum Future Annual R

Leases (Minimum Future Annual Rental Income) (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Minimum Future Annual Rental Income
Nine months ending December 31, 2023	$ 655
2024	701
2025	719
2026	737
2027	418
Thereafter	1,554
Total	$ 4,784

Goodwill and Other Intangible_2

Goodwill and Other Intangibles (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Goodwill and Other Intangible Assets [Abstract]
Amortization of other intangible assets	$ 441	$ 517

Goodwill and Other Intangible_3

Goodwill and Other Intangibles (Schedule of Components of Goodwill and Other Acquired Intangible Assets) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	$ 63,933	$ 65,631
Adjustments		(155)
Accumulated Impairment Charges		(1,543)
Accumulated Amortization	(667)	(667)
Net carrying amount	63,266	63,266
Other intangible assets, Amortizable, Gross Carrying Amount	10,504	10,504
Other intangible assets, Amortizable, Accumulated Amortization	(5,398)	(4,957)
Total amortizing intangible assets	5,106	5,547
Intangible Assets, Net (Excluding Goodwill), Total	5,106	5,547
Core deposit intangible
Goodwill and Intangible Assets [Line Items]
Other intangible assets, Amortizable, Gross Carrying Amount	10,504	10,504
Other intangible assets, Amortizable, Accumulated Amortization	(5,398)	(4,957)
Total amortizing intangible assets	$ 5,106	$ 5,547
Weighted Average Remaining Life (in years)	2 years 6 months	2 years 7 months 6 days

Goodwill and Other Intangible_4

Goodwill and Other Intangibles (Future Amortization Expense for Amortizable Other Intangible Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Goodwill and Other Intangible Assets [Abstract]
2023	$ 1,241
2024	1,376
2025	1,070
2026	765
2027	459
2027	195
Total amortizing intangible assets	$ 5,106	$ 5,547

Other Assets (Schedule of Other

Other Assets (Schedule of Other Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Other Assets [Abstract]
Accrued interest receivable	$ 8,218	$ 9,384
Deferred income taxes	10,436	7,357
Prepaid expenses	3,223	2,680
Income taxes receivable		74
Other assets	9,999	8,506
Total	$ 31,876	$ 28,001

Borrowings (Narrative) (Details

Borrowings (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Federal Home Loan Bank Advances | Minimum
Short-term Debt [Line Items]
Outstanding obligations interest rates	4.57%
Federal Home Loan Bank Advances | Maximum
Short-term Debt [Line Items]
Outstanding obligations interest rates	5.07%
Subordinated Debt.
Short-term Debt [Line Items]
Principal amount	$ 25
Recorded balance	24.7	$ 24.7
Unamortized fair value adjustment	2.4	2.4
Subordinated Debt. | Severn Bancorp, Inc.
Short-term Debt [Line Items]
Principal amount	20.6
Recorded balance	18.4	18.4
Federal Home Loan Bank Advances
Short-term Debt [Line Items]
Short-term Debt, Total	$ 131.5	$ 40

Other Liabilities (Schedule of

Other Liabilities (Schedule of Other Liabilities) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Other Liabilities [Abstract]
Accrued interest payable	$ 1,309	$ 989
Accrued salaries and wages	710	1,360
Accounts payable	191	353
Deferred compensation liability	6,160	5,679
Income taxes payable	2,811
Other liabilities	2,021	1,846
Total	$ 13,202	$ 10,227

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - Equity Plan 2016 - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award description	The Company may issue shares of common stock or grant other equity-based awards pursuant to the 2016 Equity Plan. Stock-based awards granted to date generally are time-based, vest in equal installments on each anniversary of the grant date and range over a one- to five-year period of time, and, in the case of stock options, expire 10 years from the grant date. As part of the 2016 Equity Plan, a performance equity incentive award program, known as the “Long-term incentive plan” allows participating officers of the Company to earn incentive awards of performance share/restricted stock units if certain pre-determined targets are achieved at the end of a three-year performance cycle. Stock-based compensation expense based on the grant date fair value is recognized ratably over the requisite service period for all awards and reflects forfeitures as they occur.
Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award expiration	10 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options, vested, fair value	$ 515	$ 492
Time Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for granting	750,000
Shares available to be granted	472,320
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Maximum | Time Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	5 years
Minimum | Time Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	1 year

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule of Stock-Based Compensation) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Stock-Based Compensation [Abstract]
Stock-based compensation expense	$ 155	$ 130
Excess tax benefits related to stock-based compensation	22	43
Unrecognized stock-based compensation expense	$ 464	$ 633
Weighted average period unrecognized expense is expected to be recognized	1 year 1 month 6 days	10 months 24 days

Stock-Based Compensation (Sch_2

Stock-Based Compensation (Schedule of Stock-Based Compensation, RS and RSU Award Activity) (Details) - Equity Plan 2016 - Restricted Stock	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Nonvested at beginning of period (in shares) | shares	36,860
Number of Shares, Granted (in shares) | shares	27,550
Number of Shares, Vested (in shares) | shares	(29,532)
Number of Shares, Nonvested at end of period (in shares) | shares	34,878
Weighted Average Grant Date Fair Value, Nonvested at beginning of period (in dollars per share) | $ / shares	$ 20.15
Weighted Average Grant Date Fair Value, Granted (in dollars per share) | $ / shares	17.49
Weighted Average Grant Date Fair Value, Vested (in dollars per share) | $ / shares	20.23
Weighted Average Grant Date Fair Value, Nonvested at end of period (in dollars per share) | $ / shares	$ 17.95

Derivatives (Narrative) (Detail

Derivatives (Narrative) (Details) - Interest Rate Lock Commitments	3 Months Ended
	Mar. 31, 2023
Minimum
Derivatives, Fair Value [Line Items]
Period between issuance of loan commitment and closing and sale of loan	14 days
Maximum
Derivatives, Fair Value [Line Items]
Period between issuance of loan commitment and closing and sale of loan	120 days

Derivatives (Carrying Amounts o

Derivatives (Carrying Amounts of Derivative Financial Instruments ) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Interest Rate Lock Commitments
Derivatives, Fair Value [Line Items]
Derivative asset, notional amount	$ 7,234	$ 4,166
Derivative asset, estimated fair value	101	35
Derivative liability, notional amount		1,150
Derivative liability, estimated fair value		7
TBA securities
Derivatives, Fair Value [Line Items]
Derivative asset, notional amount	10,000	8,750
Derivative asset, estimated fair value	142	41
Derivative liability, notional amount	12,000	1,000
Derivative liability, estimated fair value	$ 80	$ 6

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (loss) (Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	$ 364,285	$ 350,693
Other comprehensive income (loss)	860	(2,228)
Balances	361,638	351,864
Accumulated Other Comprehensive Income (loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	(9,021)	56
Balances	(8,161)	(2,172)
Accumulated Net Unrealized Investment Gain (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	(9,021)	56
Other comprehensive income (loss)	860	(2,228)
Balances	$ (8,161)	$ (2,172)

Fair Value Measurements (Estima

Fair Value Measurements (Estimated Fair Value and Range) (Details) $ in Thousands	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
MSRs	$ 5,310	$ 5,275
Interest Rate Lock Commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
IRLCs - Derivative Asset	101	35
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
MSRs	5,310	5,275
Fair Value, Inputs, Level 3 | Interest Rate Lock Commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
IRLCs - Derivative Asset	101	35
Market Approach | Weighted average prepayment speed (PSA) | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
MSRs	$ 5,310	$ 5,275
MSRs Range	121	121
Market Approach | Range of pull through rate | Fair Value, Inputs, Level 3 | Interest Rate Lock Commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
IRLCs - Derivative Asset	$ 101	$ 28
Minimum | Market Approach | Range of pull through rate | Fair Value, Inputs, Level 3 | Interest Rate Lock Commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
IRLCs Range	82	78
Maximum | Market Approach | Range of pull through rate | Fair Value, Inputs, Level 3 | Interest Rate Lock Commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
IRLCs Range	100	100
Arithmetic Average | Interest Rate Lock Commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
IRLCs Range	92	92

Fair Value Measurements (Activi

Fair Value Measurements (Activity in MSRs) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Fair Value Measurements [Abstract]
Beginning balance	$ 5,275
Servicing rights resulting from sales of loans	117
Valuation adjustment	(82)
Ending balance	$ 5,310

Fair Value Measurements (Acti_2

Fair Value Measurements (Activity in IRLCs) (Details) - Interest Rate Lock Commitments $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Beginning Balance	$ 28
Valuation adjustment	73
Ending Balance	$ 101

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Investment securities:
Investment securities available for sale, at fair value	$ 81,525	$ 83,587
Equity securities, at fair value	1,258	1,233
LHFS	3,514	4,248
LHFI	9,526	8,437
MSRs	5,310	5,275
Total assets at fair value	101,376	102,856
Total liabilities at fair value	80	13
Fair Value, Inputs, Level 2
Investment securities:
Investment securities available for sale, at fair value	81,525	83,587
Equity securities, at fair value	1,258	1,233
LHFS	3,514	4,248
LHFI	9,526	8,437
Total assets at fair value	95,965	97,546
Total liabilities at fair value	80	6
Fair Value, Inputs, Level 3
Investment securities:
MSRs	5,310	5,275
Total assets at fair value	5,411	5,310
Total liabilities at fair value		7
U.S. Government agencies
Investment securities:
Investment securities available for sale, at fair value	18,309	18,178
U.S. Government agencies | Fair Value, Inputs, Level 2
Investment securities:
Investment securities available for sale, at fair value	18,309	18,178
Mortgage-backed
Investment securities:
Investment securities available for sale, at fair value	61,373	63,519
Mortgage-backed | Fair Value, Inputs, Level 2
Investment securities:
Investment securities available for sale, at fair value	61,373	63,519
Other debt securities
Investment securities:
Investment securities available for sale, at fair value	1,843	1,890
Other debt securities | Fair Value, Inputs, Level 2
Investment securities:
Investment securities available for sale, at fair value	1,843	1,890
Interest Rate Lock Commitments
Investment securities:
IRLCs - Derivative Asset	101	35
IRLCs - Derivative Liability		7
Interest Rate Lock Commitments | Fair Value, Inputs, Level 3
Investment securities:
IRLCs - Derivative Asset	101	35
IRLCs - Derivative Liability		7
TBA securities
Investment securities:
IRLCs - Derivative Asset	142	41
IRLCs - Derivative Liability	80	6
TBA securities | Fair Value, Inputs, Level 2
Investment securities:
IRLCs - Derivative Asset	142	41
IRLCs - Derivative Liability	$ 80	$ 6

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value of Assets Measured on Nonrecurring Basis) (Details) - Appraisal Of Collateral - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Weighted Average
Impaired loans:
Impaired loans, Liquidation expense, Range	10%
Other real estate owned, Appraisal adjustment, Range	0%	(2.00%)
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Nonrecurring
Impaired loans:
Impaired loans	$ 23
Other real estate owned	$ 179	$ 197
Impaired loans, Liquidation expense, Range	10%
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Nonrecurring | Maximum
Impaired loans:
Other real estate owned, Appraisal adjustment, Range	20%	20%
Fair Value, Inputs, Level 3 | Fair Value, Measurements, Nonrecurring | Minimum
Impaired loans:
Other real estate owned, Appraisal adjustment, Range	0%	0%

Fair Value Measurements (Esti_2

Fair Value Measurements (Estimated Fair Values of Financial Assets and Liabilities) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financial assets, Estimated Fair Value
Investment securities available for sale, at fair value	$ 81,525	$ 83,587
Investment securities held to maturity	491,116	494,627
LHFS	3,514	4,248
Loans, net	9,526	8,437
MSRs	5,310	5,275
Interest Rate Lock Commitments
Financial assets, Estimated Fair Value
Derivative asset, estimated fair value	101	35
Financial liabilities, Estimated Fair Value
IRLCs - Derivative Liability		7
TBA securities
Financial assets, Estimated Fair Value
Derivative asset, estimated fair value	142	41
Financial liabilities, Estimated Fair Value
IRLCs - Derivative Liability	80	6
Carrying Amount
Financial assets, Estimated Fair Value
Loans, net	9,526	8,437
Estimated Fair Value
Financial assets, Estimated Fair Value
Loans, net	9,526	8,437
Fair Value, Inputs, Level 1 | Carrying Amount
Financial assets, Estimated Fair Value
Cash and cash equivalents	37,709	55,499
Fair Value, Inputs, Level 1 | Estimated Fair Value
Financial assets, Estimated Fair Value
Cash and cash equivalents	37,709	55,499
Fair Value, Inputs, Level 2
Financial assets, Estimated Fair Value
Investment securities available for sale, at fair value	81,525	83,587
LHFS	3,514	4,248
Loans, net	9,526	8,437
Fair Value, Inputs, Level 2 | TBA securities
Financial assets, Estimated Fair Value
Derivative asset, estimated fair value	142	41
Financial liabilities, Estimated Fair Value
IRLCs - Derivative Liability	80	6
Fair Value, Inputs, Level 2 | Carrying Amount
Financial assets, Estimated Fair Value
Investment securities available for sale, at fair value	81,525	83,587
Investment securities held to maturity	549,096	559,455
Equity securities	1,258	1,233
Restricted securities	15,067	11,169
LHFS	3,514	4,248
Cash surrender value on life insurance	59,711	59,218
Financial liabilities, Estimated Fair Value
Noninterest-bearing demand	808,679	862,015
Checking plus interest	726,070	694,101
Money market	675,751	709,132
Savings	295,002	319,814
Club	755	374
Certificates of deposit	488,305	424,348
Advances from FHLB - short-term	131,500	40,000
Subordinated debt	43,150	43,072
IRLCs - Derivative Liability	80	6
Fair Value, Inputs, Level 2 | Carrying Amount | TBA securities
Financial assets, Estimated Fair Value
Derivative asset, estimated fair value	142	41
Fair Value, Inputs, Level 2 | Estimated Fair Value
Financial assets, Estimated Fair Value
Investment securities available for sale, at fair value	81,525	83,587
Investment securities held to maturity	491,116	494,626
Equity securities	1,258	1,233
Restricted securities	15,067	11,169
LHFS	3,514	4,248
Cash surrender value on life insurance	59,711	59,218
Financial liabilities, Estimated Fair Value
Noninterest-bearing demand	808,679	862,015
Checking plus interest	726,070	694,101
Money market	675,751	709,132
Savings	295,002	319,814
Club	755	374
Certificates of deposit	478,065	410,455
Advances from FHLB - short-term	131,496	40,002
Subordinated debt	40,079	41,193
IRLCs - Derivative Liability	80	6
Fair Value, Inputs, Level 2 | Estimated Fair Value | TBA securities
Financial assets, Estimated Fair Value
Derivative asset, estimated fair value	142	41
Fair Value, Inputs, Level 3
Financial assets, Estimated Fair Value
MSRs	5,310	5,275
Fair Value, Inputs, Level 3 | Interest Rate Lock Commitments
Financial assets, Estimated Fair Value
Derivative asset, estimated fair value	101	35
Financial liabilities, Estimated Fair Value
IRLCs - Derivative Liability		7
Fair Value, Inputs, Level 3 | Carrying Amount
Financial assets, Estimated Fair Value
Loans, net	2,630,691	2,531,027
MSRs	5,310	5,275
Fair Value, Inputs, Level 3 | Carrying Amount | Interest Rate Lock Commitments
Financial assets, Estimated Fair Value
Derivative asset, estimated fair value	101	35
Financial liabilities, Estimated Fair Value
IRLCs - Derivative Liability		7
Fair Value, Inputs, Level 3 | Estimated Fair Value
Financial assets, Estimated Fair Value
Loans, net	2,417,124	2,431,808
MSRs	5,310	5,275
Fair Value, Inputs, Level 3 | Estimated Fair Value | Interest Rate Lock Commitments
Financial assets, Estimated Fair Value
Derivative asset, estimated fair value	$ 101	35
Financial liabilities, Estimated Fair Value
IRLCs - Derivative Liability		$ 7

Commitments and Contingencies_2

Commitments and Contingencies (Schedule of Commitments Outstanding) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments outstanding	$ 416,650	$ 414,362
Commitments to Extend Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments outstanding	408,789	406,353
Letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments outstanding	$ 7,861	$ 8,009

Commitments and Contingencies_3

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Deposits	$ 2,994,562		$ 3,009,784
Gross loans			$ 2,539,464
Interest Income	35,062	$ 24,324
Noninterest income	5,334	$ 6,046
Gross loans	2,640,217
Business Activities With Medical Use Cannabis Customers | Medical Use Cannabis Customers
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Deposits	$ 144,600
Deposits with customers as percentage of total deposits	4.80%
Loans with customers as percentage of total loans	2.10%
Interest Income	$ 2,200
Noninterest income	266,000
Gross loans	$ 55,200

Revenue Recognition (Noninteres

Revenue Recognition (Noninterest Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue Recognition [Abstract]
Service charges on deposit accounts	$ 1,213	$ 1,359
Trust and investment fee income	432	514
Interchange income	1,212	1,038
Title Company revenue	137	323
Other noninterest income	794	460
Noninterest Income (in-scope of Topic 606)	3,788	3,694
Noninterest Income (out-of-scope of Topic 606)	1,546	2,352
Total noninterest income	$ 5,334	$ 6,046

Pending Merger (Details)

Pending Merger (Details) $ in Thousands		12 Months Ended
	Dec. 14, 2022 shares	Dec. 31, 2022 USD ($) Office	Mar. 31, 2023 USD ($)
Business Acquisition [Line Items]
Number of Shares to be Issued for each share | shares	2.3287
Percentage of ownership Interests	60%
Assets | $		$ 3,477,276	$ 3,553,694
MARYLAND
Business Acquisition [Line Items]
Number of Community Banking Offices | Office		10
VIRGINIA
Business Acquisition [Line Items]
Number of Community Banking Offices | Office		2
Minimum
Business Acquisition [Line Items]
Percentage of ownership Interests	40%
Assets | $		$ 2,400,000