MVB Financial (MVBF) 10-K 16 Mar 23 2022 FY Annual report Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Mar. 15, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-38314
Entity Registrant Name	MVB Financial Corp.
Entity Incorporation, State or Country Code	WV
Entity Tax Identification Number	20-0034461
Entity Address, Address Line One	301 Virginia Avenue
Entity Address, City or Town	Fairmont
Entity Address, State or Province	WV
Entity Address, Postal Zip Code	26554
City Area Code	304
Local Phone Number	363-4800
Title of 12(b) Security	Common Stock, $1.00 Par Value Per Share
Trading Symbol	MVBF
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 337.7
Entity Common Stock, Shares Outstanding		12,621,580
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s definitive proxy statement relating to the 2022 Annual Meeting of Shareholders are incorporated by reference into Part III of this Annual Report on Form 10-K.
Entity Central Index Key	0001277902
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Audit Information [Abstract]
Auditor Name	FORVIS, LLP
Auditor Firm ID	686
Auditor Location	Tampa, Florida

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Cash and cash equivalents:
Cash and due from banks	$ 5,290	$ 8,878
Interest-bearing balances with banks	34,990	298,559
Total cash and cash equivalents	40,280	307,437
Certificates of deposit with banks	0	2,719
Investment securities available-for-sale	379,814	421,466
Equity securities	38,744	32,402
Loans held-for-sale	23,126	0
Loans receivable	2,372,645	1,869,838
Allowance for loan losses	(23,837)	(18,266)
Loans receivable, net	2,348,808	1,851,572
Premises and equipment, net	23,653	25,052
Bank-owned life insurance	43,239	42,257
Equity method investments	76,223	40,013
Accrued interest receivable and other assets	90,975	65,543
Goodwill	3,988	3,988
TOTAL ASSETS	3,068,850	2,792,449
Deposits:
Noninterest-bearing	1,231,544	1,120,433
Interest-bearing	1,338,938	1,257,172
Total deposits	2,570,482	2,377,605
Accrued interest payable and other liabilities	41,556	55,126
Repurchase agreements	10,037	11,385
FHLB and other borrowings	102,333	0
Subordinated debt	73,286	73,030
Senior term loan	9,765	0
Total liabilities	2,807,459	2,517,146
STOCKHOLDERS’ EQUITY
Common stock - par value $1; 20,000,000 shares authorized; 13,466,281 and 12,618,265 shares issued and outstanding, respectively, as of December 31, 2022 and 12,934,966 and 12,086,950 shares issued and outstanding, respectively, as of December 31, 2021	13,466	12,935
Additional paid-in capital	157,152	143,521
Retained earnings	144,911	138,219
Accumulated other comprehensive loss	(37,704)	(3,606)
Treasury stock - 848,016 shares as of December 31, 2022 and December 31, 2021, at cost	(16,741)	(16,741)
Total equity attributable to parent	261,084	274,328
Noncontrolling interest	307	975
Total stockholders' equity	261,391	275,303
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 3,068,850	$ 2,792,449

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	13,466,281	12,934,966
Common stock, shares outstanding (in shares)	12,618,265	12,086,950
Treasury stock, shares (in shares)	848,016	848,016

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
INTEREST INCOME
Interest and fees on loans	$ 116,583	$ 75,282	$ 72,999
Interest on deposits with banks	1,637	506	437
Interest on investment securities	3,496	2,405	2,448
Interest on tax-exempt loans and securities	4,241	5,236	4,569
Total interest income	125,957	83,429	80,453
INTEREST EXPENSE
Interest on deposits	10,476	3,977	10,294
Interest on short-term borrowings	443	105	1,072
Interest on subordinated debt	3,072	2,188	261
Interest on senior term loan	163	0	0
Total interest expense	14,154	6,270	11,627
NET INTEREST INCOME	111,803	77,159	68,826
Provision (release of allowance) for loan losses	14,194	(6,275)	16,579
Net interest income after provision (release of allowance) for loan losses	97,609	83,434	52,247
NONINTEREST INCOME
Payment card and service charge income	11,648	7,524	2,821
Mortgage fee income	0	0	33,427
Insurance and investment services income	849	1,003	872
Gain on sale of available-for-sale securities, net	650	3,875	914
Gain (loss) on sale of equity securities, net	(56)	5	3,501
Gain on derivatives, net	0	0	2,341
Gain on sale of loans, net	1,655	4,178	332
Holding gain (loss) on equity securities	(1,543)	3,776	374
Compliance and consulting income	15,504	9,625	4,436
Equity method investments income (loss)	(713)	17,428	24,174
Equity method investment gain	1,874	0	0
Gains on acquisition and divestiture activity	0	10,783	17,640
Gain on sale of assets	4,978	0	14
Other operating income	3,448	4,399	991
Total noninterest income	38,294	62,596	91,837
NONINTEREST EXPENSES
Salaries and employee benefits	72,162	60,210	61,629
Occupancy expense	4,051	4,347	4,599
Equipment depreciation and maintenance	5,557	4,642	3,672
Data processing and communications	4,198	4,431	5,375
Mortgage processing	0	0	1,744
Professional fees	10,871	10,770	8,453
Insurance, tax and assessment expense	2,610	2,032	2,090
Travel, entertainment, dues and subscriptions	7,998	5,092	3,390
Other operating expenses	9,941	5,928	6,189
Total noninterest expense	117,388	97,452	97,141
Income before income taxes	18,515	48,578	46,943
Income tax expense	4,128	9,882	9,532
Net income (loss)	14,387	38,696	37,411
Net loss attributable to noncontrolling interest	(660)	(425)	0
Net income attributable to parent	15,047	39,121	37,411
Preferred dividends	0	35	461
Net income available to common shareholders	$ 15,047	$ 39,086	$ 36,950
Earnings per common share - basic (in dollars per share)	$ 1.23	$ 3.32	$ 3.13
Earnings per common share - diluted (in dollars per share)	$ 1.17	$ 3.10	$ 3.06
Weighted average shares outstanding - basic (in shares)	12,279,462	11,778,557	11,821,574
Weighted average shares outstanding - diluted (in shares)	12,870,734	12,613,620	12,088,106

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income before noncontrolling interest	$ 14,387	$ 38,696	$ 37,411
Other comprehensive income (loss):
Unrealized holding gains (losses) on securities available-for-sale	(45,730)	(5,839)	6,979
Reclassification adjustment for gain recognized in income	(650)	(3,875)	(914)
Change in defined benefit pension plan	815	770	(1,403)
Reclassification adjustment for amortization of net actuarial loss recognized in income	429	507	420
Reclassification adjustment for carrying value adjustment - investment hedge recognized in income	(83)	862	(473)
Other comprehensive income (loss), before tax	(45,219)	(7,575)	4,609
Income taxes related to items of other comprehensive income (loss):
Unrealized holding gains (losses) on securities available-for-sale	11,252	1,367	(1,635)
Reclassification adjustment for gain recognized in income	152	908	214
Change in defined benefit pension plan	(201)	(180)	329
Reclassification adjustment for amortization of net actuarial loss recognized in income	(103)	(119)	(98)
Reclassification adjustment for carrying value adjustment - investment hedge recognized in income	21	(233)	128
Income taxes related to items of other comprehensive income (loss):	11,121	1,743	(1,062)
Total other comprehensive income (loss), net of tax	(34,098)	(5,832)	3,547
Comprehensive loss attributable to noncontrolling interest	660	425	0
Comprehensive income (loss)	$ (19,051)	$ 33,289	$ 40,958

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Preferred stock	Common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury stock	Total stockholders' equity attributable to parent	Noncontrolling interest
Beginning balance (in shares) at Dec. 31, 2019		733
Beginning balance (in shares) at Dec. 31, 2019			11,995,366
Beginning balance (in shares) at Dec. 31, 2019							(51,077)
Beginning balance at Dec. 31, 2019	$ 211,936	$ 7,334	$ 11,995	$ 122,516	$ 72,496	$ (1,321)	$ (1,084)	$ 211,936	$ 0
Increase (Decrease) in Stockholders' Equity
Net income (loss)	37,411				37,411			37,411
Other comprehensive income (loss)	3,547					3,547		3,547
Cash dividends paid	(4,275)				(4,275)			(4,275)
Dividends on preferred stock	(461)				(461)			(461)
Stock-based compensation	2,353			2,353				2,353
Common stock options exercised (in shares)			305,697
Common stock options exercised	4,459		$ 306	4,153				4,459
Restricted stock units issued (in shares)			53,981				525
Restricted stock units issued	(77)		$ 54	(124)			$ (7)	(77)
Common stock repurchased (in shares)							796,414
Common stock repurchased	(15,650)						$ (15,650)	(15,650)
Common stock issued related to acquisitions (in shares)			19,278
Common stock issued related to acquisitions	240		$ 19	221				240
Ending balance (in shares) at Dec. 31, 2020		733
Ending balance (in shares) at Dec. 31, 2020			12,374,322
Ending balance (in shares) at Dec. 31, 2020							(848,016)
Ending balance at Dec. 31, 2020	239,483	$ 7,334	$ 12,374	129,119	105,171	2,226	$ (16,741)	239,483	0
Increase (Decrease) in Stockholders' Equity
Net income (loss)	38,696				39,121			39,121	(425)
Other comprehensive income (loss)	(5,832)					(5,832)		(5,832)
Cash dividends paid	(6,038)				(6,038)			(6,038)
Dividends on preferred stock	(35)				(35)			(35)
Stock-based compensation	2,634			2,634				2,634
Stock-based compensation related to equity method investment	574			574				574
Common stock options exercised (in shares)			316,682
Common stock options exercised	4,930		$ 317	4,613				4,930
Restricted stock units issued (in shares)			77,050
Restricted stock units issued	0		$ 77	(77)				0
Minimum tax withholding on restricted stock units issued (in shares)			(6,579)
Minimum tax withholding on restricted stock units issued	(249)		$ (7)	(242)				(249)
Noncontrolling interests due to acquisition	900								900
Common stock issued related to contingent consideration (in shares)			47,966
Common stock issued related to contingent consideration	2,000		$ 48	1,952				2,000
Common stock issued related to acquisitions (in shares)			17,597
Common stock issued related to acquisitions	600		$ 18	582				600
Common stock issued related to investment (in shares)			107,928
Common stock issued related to investment	4,474		$ 108	4,366				4,474
MVB Technology membership units issued	500								500
Redemption of preferred stock (in shares)		(733)
Redemption of preferred stock	$ (7,334)	$ (7,334)						(7,334)
Ending balance (in shares) at Dec. 31, 2021		0
Ending balance (in shares) at Dec. 31, 2021	12,086,950		12,934,966
Ending balance (in shares) at Dec. 31, 2021							(848,016)
Ending balance at Dec. 31, 2021	$ 275,303	$ 0	$ 12,935	143,521	138,219	(3,606)	$ (16,741)	274,328	975
Increase (Decrease) in Stockholders' Equity
Net income (loss)	14,387				15,047			15,047	(660)
Other comprehensive income (loss)	(34,098)					(34,098)		(34,098)
Cash dividends paid	(8,355)				(8,355)			(8,355)
Stock-based compensation	2,800			2,800				2,800
Stock-based compensation related to equity method investment	$ 417			417				417
Common stock options exercised (in shares)	160,527		160,527
Common stock options exercised	$ 2,069		$ 161	1,908				2,069
Restricted stock units issued (in shares)			75,354
Restricted stock units issued	0		$ 75	(75)				0
Minimum tax withholding on restricted stock units issued (in shares)			(17,596)
Minimum tax withholding on restricted stock units issued	(670)		$ (18)	(652)				(670)
Common stock issued related to acquisitions (in shares)			313,030
Common stock issued related to acquisitions	9,579		$ 313	9,266				9,579
Stock purchase from noncontrolling interest	$ (41)			(33)				(33)
Ending balance (in shares) at Dec. 31, 2022		0
Ending balance (in shares) at Dec. 31, 2022	12,618,265		13,466,281
Ending balance (in shares) at Dec. 31, 2022							(848,016)
Ending balance at Dec. 31, 2022	$ 261,391	$ 0	$ 13,466	$ 157,152	$ 144,911	$ (37,704)	$ (16,741)	$ 261,084	$ 307

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Stockholders' Equity [Abstract]
Cash dividends paid (in dollars per share)	$ 0.68	$ 0.51	$ 0.36

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
OPERATING ACTIVITIES
Net income before noncontrolling interest	$ 14,387	$ 38,696	$ 37,411
Adjustments to reconcile net income to net cash from operating activities:
Net amortization and accretion of investments	2,596	4,054	1,892
Net amortization of deferred loan costs	2,526	2,969	1,692
Provision (release of allowance) for loan losses	14,194	(6,275)	16,579
Depreciation and amortization	5,322	4,198	3,292
Stock-based compensation	2,800	2,634	2,353
Stock-based compensation related to equity method investment	417	574	0
Loans originated for sale	(101,382)	(30,033)	(1,334,910)
Proceeds of loans sold	141,261	22,024	1,477,063
Holding (gain) loss on equity securities	1,543	(3,776)	(374)
Mortgage fee income	0	0	(33,427)
Gain on sale of available-for-sale securities, net	(650)	(3,875)	(914)
Gain (loss) on sale of equity securities, net	(56)	5	3,501
Gain on sale of loans held-for-sale	(5,487)	(4,178)	(332)
Gains on acquisition and divestiture activity	0	(10,783)	(17,640)
Gain on sale of other real estate owned	(47)	(1,396)	0
Income on bank-owned life insurance	(975)	(995)	(888)
Deferred income taxes	(3,631)	6,129	(3,386)
Equity method investment (income) loss	713	(17,428)	(27,574)
Equity method investment gain	(1,874)	0	0
Return on equity method investment	8,275	31,032	3,400
Other assets	(2,438)	(1,440)	(27,200)
Other liabilities	(12,426)	2,689	18,699
Net cash from operating activities	65,180	34,815	112,235
INVESTING ACTIVITIES
Purchases of available-for-sale investment securities	(89,600)	(216,621)	(269,790)
Maturities/paydowns of available-for-sale investment securities	20,973	49,248	64,493
Sales of available-for-sale investment securities	60,635	146,011	54,023
Purchases of premises and equipment	(3,041)	(4,865)	(6,615)
Disposals of premises and equipment	49	300	1,687
Net increase in loans	(576,303)	(460,672)	(70,186)
Gain on sale of loans held for investment	3,832	0	0
Purchases of restricted bank stock	(61,245)	(1,410)	(25,831)
Redemptions of restricted bank stock	53,048	2,364	38,048
Proceeds from maturities of certificates of deposit with banks	2,719	9,084	1,739
Purchases of certificates of deposit with banks	0	0	(993)
Proceeds from sale of other real estate owned	1,482	3,818	8,309
Purchase of bank-owned life insurance	(7)	0	(5,000)
Purchase of equity method investments	(38,400)	(500)	0
Purchase of equity securities	(4,452)	(2,982)	(9,918)
Sales of equity securities	1,356	543	4,622
Net cash transferred for banking center sale	0	(95,500)	(136,005)
Cash paid for acquisitions, net of cash acquired	0	(772)	57,306
Net cash from investing activities	(628,954)	(571,954)	(294,111)
FINANCING ACTIVITIES
Net increase in deposits	192,877	558,342	574,691
Net change in repurchase agreements	(1,348)	1,119	94
Net change in FHLB and other borrowings	102,333	0	(180,283)
Issuance of subordinated debt	0	30,000	40,000
Issuance of senior term loan	10,000	0	0
Principal payments on senior term loan	(125)	0	0
Preferred stock redemption	0	(7,334)	0
Common stock repurchased	0	0	(15,746)
Common stock options exercised	2,069	4,930	4,464
Withholding cash issued in lieu of restricted stock	(670)	(249)	0
Cash dividends paid on common stock	(8,355)	(6,038)	(4,275)
Cash dividends paid on preferred stock	0	(35)	(461)
Issuance of subsidiary membership units	0	500	0
Stock purchase from noncontrolling interest	(41)	0	0
Net cash from financing activities	296,617	580,683	417,767
Net change in cash and cash equivalents	(267,157)	43,544	235,891
Cash and cash equivalents, beginning of period	307,437	263,893	28,002
Cash and cash equivalents, end of period	40,280	307,437	263,893
Cash payments for:
Interest on deposits, repurchase agreements and borrowings	12,285	6,152	12,271
Income taxes	2,285	11,960	11,966
Business combination non-cash disclosures:
Assets acquired in business combination, net of cash acquired	0	739	87,722
Liabilities assumed in business combination	0	605	148,731
Supplemental disclosure of cash flow information:
Fair value of noncontrolling interests at acquisition date	0	1,400
Loans transferred to other real estate owned	299	357	800
Change in unrealized holding gains (losses) on securities available-for-sale	47,508	(9,595)	6,193
Issuance of subordinated debt	0	30,000	40,000
Restricted stock units vested	75	77	49
Employee stock-based compensation tax withholding obligations	18	7	35
Creation of servicing assets from loan sales	1,296	0	0
Loans transferred to loans held-for-sale	914	0	0
Common stock issued related to acquisitions	9,579	5,074	240
Subordinated Debt
FINANCING ACTIVITIES
Payment of senior debt issuance costs	0	552	717
Senior Loans
FINANCING ACTIVITIES
Payment of senior debt issuance costs	$ 123	$ 0	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 – Summary of Significant Accounting Policies Business and Organization MVB Financial Corp. is a financial holding company organized as a West Virginia corporation in 2003 that operates principally through its wholly-owned subsidiary, MVB Bank, Inc. (the "Bank"). The Bank’s consolidated subsidiaries include MVB Insurance, LLC, a title insurance company (“MVB Insurance”), ProCo Global, Inc. (“Chartwell,” which does business under the registered trade name Chartwell Compliance), Paladin Fraud, LLC (“Paladin Fraud”) and MVB Edge Ventures, LLC (“Edge Ventures”). The Bank owns a controlling interest in Trabian Technology, Inc. (“Trabian”) and Edge Ventures wholly-owns Victor Technologies, Inc. (“Victor”), as well as controlling interests in MVB Technology, LLC (“MVB Technology”) and Flexia Payments, LLC (“Flexia”). The Bank also owns an equity method investment in Intercoastal Mortgage Company, LLC (“ICM”) and MVB Financial Corp. owns equity method investments in Ayers Socure II, LLC ("Ayers Socure II") and Warp Speed Holdings, LLC ("Warp Speed"). Edge Ventures serves as a management company providing oversight, alignment and structure for MVB’s Fintech companies and allocates resources to help incubate venture businesses and technologies acquired and developed by MVB. Through our professional services entities, which include Chartwell, Paladin Fraud and Trabian, we provide compliance and consulting solutions to assist Fintech and corporate clients in building digital products and meeting their regulatory compliance and fraud defense needs. We have acquired a number of financial institutions and other financial services businesses. Future acquisitions and divestitures will be consistent with our strategic direction. Our most recent acquisition and divestiture activity includes the following: l In March 2022, the Bank entered into an agreement to acquire a 37.5% interest in Warp Speed, a holding company whose subsidiaries are focused on residential and commercial loan origination and servicing, business and personal insurance brokerage and data analytics. In April 2022, we assumed the Bank's obligations under the Purchase Agreement. Effective October 1, 2022, we completed the purchase with $38.4 million in cash, plus 313,030 shares of newly-issued common stock of MVB, with an aggregate value of $9.6 million, based on the volume-weighted average closing price for shares of MVB common stock for the 20 trading days ending the day prior to closing. l In August 2022, we entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with Integrated Holdings, Inc. (“IFH”). The Merger Agreement provided that, upon the terms and conditions therein, IFH would merge with and into MVB (the “Merger”), with MVB continuing as the surviving corporation. Following the Merger, West Town Bank & Trust (“West Town Bank”), a state bank chartered under the laws of Illinois and wholly-owned subsidiary of IFH, would merge with and into the Bank, with the Bank as the surviving bank. In January 2023, the Merger Agreement was approved by the board of directors and shareholders of MVB and IFH. We are awaiting required regulatory approvals in order to execute the Merger. We conduct a wide range of business activities through the Bank, primarily commercial and retail (“CoRe”) banking services, as well as Fintech banking. CoRe Banking We offer our customers a full range of products and services including: l Various demand deposit accounts, savings accounts, money market accounts and certificates of deposit; l Commercial, consumer and real estate mortgage loans and lines of credit; l Debit cards; l Cashier’s checks; l Safe deposit rental facilities; and l Non-deposit investment services offered through an association with a broker-dealer. Fintech Banking We provide innovative strategies to independent banking and corporate clients throughout the United States. Our dedicated Fintech sales team specializes in providing banking services to corporate Fintech clients, with a primary focus on operational risk management and compliance. Managing banking relationships with clients in the payments, digital savings, cryptocurrency, crowd funding, lottery and gaming industries is complex, from both an operational and regulatory perspective. We believe that the complexity of serving these industries causes them to be underserved with quality banking services and provides us with a significantly expanded pool of potential customers. When serviced in a safe and efficient manner, we believe these industries provide a source of stable, low cost deposits and noninterest, fee-based income. We thoroughly analyze each industry in which our customers operate, as well as any new products or services provided, from both an operational and regulatory perspective. Edge Ventures Edge Ventures, a wholly-owned subsidiary of the Bank, was created as a management company to provide oversight, alignment and structure for our Fintech companies and allocate resources to help incubate venture businesses and technologies acquired and developed by us. Subsidiaries of Edge Ventures include MVB Technology, Flexia and Victor, which are developing software to enhance the products and services available to our customers. MVB Technology MVB Technology is a 93.4% owned subsidiary of Edge Ventures. MVB Technology's primary product, GRAND, provides fast, cost effective payments from a modern bank account. Account holders fund their GRAND account using a bank account, card or direct deposit and can then seamlessly transfer funds between their GRAND account and their favorite apps. GRAND helps drive significant savings for online merchants through a streamlined process for transfers of customer funds. Flexia Edge Ventures owns an 80% interest in Flexia. Flexia is a Las Vegas-based Fintech company that licenses technology which allows users to access a reloadable account that combines a debit card account and casino gaming accounts into one card and to utilize them for non-cash transactions at participating casinos. Flexia's technology license provides Flexia with exclusive use of the software in the United States and Canada. Victor Victor is a wholly-owned subsidiary of Edge Ventures. Victor was formed to develop technology to make it faster and easier to launch and scale a broad spectrum of Fintech solutions for the gaming, payments, banking-as-a-service and digital asset sectors. Within a matter of weeks, Fintech developers can build solutions to manage and move money with developer-friendly application programming interfaces. Banks can onboard and manage more programs with Victor’s tailored due diligence, risk assessment and oversight workflow tools. Recognizing the complexity of the Fintech ecosystem, Victor also supports seamless integration with a proven network of value-added technology and service providers. Professional Services Chartwell Chartwell is a wholly-owned subsidiary of the Bank. Chartwell provides integrated regulatory compliance, state licensing, financial crimes prevention and enterprise risk management services that include consulting, outsourcing, testing and training solutions. Chartwell has expanded its services to both Fintech clients and banks, in coordination with the Bank’s current compliance officers, to help create and implement strategy and provide expert compliance resources to aid the Bank in carrying out stringent and faster new client due diligence. Paladin Fraud Paladin Fraud is a wholly-owned subsidiary of the Bank. Paladin Fraud provides an extensive and customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies and other vendors to help clients and partners defend against threats. Trabian The Bank owns an 80.8% interest in Trabian. Trabian builds digital products and web and mobile applications for forward-thinking community banks, credit unions, digital banks and Fintech companies. Consistent with the Bank's mission to pursue technology to accelerate community finance, Trabian has created technology platforms that have been instrumental to the success of many of today’s leading Fintech companies. COVID-19 Pandemic Since 2020, economies throughout the world have been severely disrupted as a result of the COVID-19 pandemic and its subsequent variants. Given its ongoing and dynamic nature, it is difficult to predict the full impact of the COVID-19 pandemic on our business and our clients, providers and third parties. The extent of such impact depends on future developments, including resurgences, new variants or future pandemics, which are highly uncertain and cannot be predicted. We continue to actively monitor and respond to any ongoing effects of the COVID-19 pandemic. Basis of Presentation The financial statements are consolidated to include the accounts of MVB and its subsidiaries, including the Bank and the Bank’s subsidiaries. In our opinion, the accompanying consolidated financial statements contain all normal recurring adjustments necessary for a fair presentation of our financial statements for interim periods in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) as presented through the FASB's Accounting Standards Codification ("ASC") the and with rules and interpretive guidance of the SEC. All significant intercompany accounts and transactions have been eliminated in consolidated financial statements. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been omitted. Wholly-owned investments or investments in which we have a controlling financial interest, whether majority owned or in certain circumstances a minority interest, are required to be consolidated into our financial statements. We evaluate investments in entities on an ongoing basis to determine the need to consolidate. The Bank owns controlling interests in Flexia, Trabian and MVB Technology. We own an 80.0% interest in Flexia, an 80.8% interest in Trabian and a 93.4% interest in MVB Technology. Accordingly, we are required to consolidate 100% of each entity within the consolidated financial statements. The remaining interests of these entities are accounted for separately as noncontrolling interests within our consolidated financial statements. Noncontrolling interest represents the portion of ownership and profit or loss that is attributable to the minority owners of these entities. Unconsolidated investments where we have the ability to exercise significant influence over the operating and financial policies of the respective investee are accounted for using the equity method of accounting. Those investments that are not consolidated or accounted for using the equity method of accounting are accounted for under cost or fair value accounting. For investments accounted for under the equity method, we record our investment in non-consolidated affiliates and the portion of income or loss in equity in earnings of non-consolidated affiliates. We periodically evaluate these investments for impairment. As of December 31, 2022, we hold three equity method investments. Preparation of our consolidated financial statements in accordance with U.S. GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are based upon the best available information and actual results could differ from those estimates. An estimate that is particularly significant to the consolidated financial statements relates to the determination of the allowance for loan losses (“ALL”). In certain instances, amounts reported in prior periods’ consolidated financial statements have been reclassified to conform to the current presentation. We have evaluated subsequent events for potential recognition and/or disclosure through the date these consolidated financial statements were issued. Cash and Cash Equivalents Cash equivalents include cash on hand, deposits in banks and interest-earning deposits. Interest-earning deposits with original maturities of 90 days or less are considered cash equivalents. Net cash flows are reported for loans, deposits and short-term borrowing transactions. Investment Securities Investment securities at the time of purchase are classified as one of the following: Available-for-Sale Securities - Includes debt that will be held for indefinite periods of time. These securities may be sold in response to changes in market interest or prepayment rates, needs for liquidity and changes in the availability of and yield of alternative investments. Such securities are reported at fair value, with unrealized holding gains and losses excluded from earnings and reported as a separate component of stockholders’ equity, net of estimated income tax effect. The income tax effect is released when the securities are sold. Equity Securities - Includes equity securities that are adjusted to fair value on a monthly basis, with the change in value recorded directly on the income statement. We have elected to measure the equity securities without readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes for underlying transactions for identical or similar investments of new issues. The amortized cost of investment in debt securities is adjusted for amortization of premiums and accretion of discounts, computed by a method that results in a level yield. Gains and losses on the sale of investment securities are computed on the basis of specific identification of the adjusted cost of each security. Securities are periodically reviewed for other-than-temporary impairment. For debt securities, management considers whether the present value of future cash flows expected to be collected are less than the security’s amortized cost basis (the difference defined as the credit loss), the magnitude and duration of the decline, the reasons underlying the decline and our intent to sell the security or whether it is more likely than not that we would be required to sell the security before its anticipated recovery in market value, to determine whether the loss in value is other than temporary. If a decline in value is determined to be other than temporary, if we do not intend to sell the security, and it is more-likely-than-not that we will not be required to sell the security before recovery of the security’s amortized cost basis, the charge to earnings is limited to the amount of credit loss. Any remaining difference between fair value and amortized cost (the difference defined as the non-credit portion) is recognized in other comprehensive income, net of applicable taxes. A decline in value that is considered to be other-than-temporary is recorded as a loss within noninterest income in the consolidated statement of income. The Bank is a member of the Federal Home Loan Bank (“FHLB”) of Pittsburgh, and as such, is required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. As of December 31, 2022 and 2021, the Bank holds $10.0 million and $1.8 million of stock, respectively, which is included in accrued interest receivable and other assets. The stock is bought from and sold to the FHLB based upon its $100 per share par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated by management for impairment. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (i) a significant decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted; (ii) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance; (iii) the impact of legislative and regulatory changes on the customer base of the FHLB; and (iv) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. Management considered that the FHLB’s regulatory capital ratios have improved in the most recent quarters, no issues of liquidity are evident, new shares of FHLB stock continue to trade at the $100 per share par value and the FHLB has repurchased shares of excess capital stock from its members during 2022 and 2021. Loans and Allowance for Loan Losses Loans are stated at the amount of unpaid principal reduced by an allowance for loan losses. Loans are considered non-accrual when scheduled principal or interest payments are 90 days past due. Interest income on loans is recognized on an accrual basis. The allowance for loan losses is maintained at a level deemed adequate to absorb probable losses inherent in the loan portfolio. We consistently apply a quarterly loan review process to continually evaluate loans for changes in credit risk. This process serves as the primary means by which we evaluate the adequacy of the allowance for loan losses, and is based upon periodic review of the collectability of loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are impaired. The general component covers all loans that are not impaired, and is based upon historical loss experience adjusted for qualitative factors. We allocate the allowance based on the factors described below, which conform to our loan classification policy. In reviewing risk within the loan portfolio, management has determined there to be several different risk categories within the loan portfolio. The allowance for loan losses consists of amounts applicable to: (i) residential real estate loans; (ii) commercial and commercial real estate secured loans; (iii) home equity loans; and (iv) consumer and other loans. Factors considered in this process include general loan terms, collateral and availability of historical data to support the analysis. Historical loss percentages for each loan category are calculated and used as the basis for calculating allowance allocations. Certain qualitative factors are evaluated to determine additional inherent risks in the loan portfolio, which are not necessarily reflected in the historical loss percentages. These factors are then added to the historical allocation percentages to get the adjusted factor to be applied to non-classified loans on a weighted basis, by risk grade. The following qualitative factors are analyzed: l Lending policies and procedures l Nature and volume of the portfolio l Experience and ability of lending management and staff l Volume and severity of problem credits l Quality of the loan review system l Conclusions of loan reviews, audits and exams l National, state, regional and local economic trends and business conditions l General economic conditions l Unemployment rates l Inflation / Consumer Price Index l Value of underlying collateral l Existence and effect of any credit concentrations l Consumer sentiment l Other external factors We analyze our loan portfolio each quarter to determine the appropriateness of our allowance for loan losses. A loan that has deteriorated and requires additional collection efforts by the Bank could warrant non-accrual status. A thorough review is presented to the Chief Credit Officer and/or the Special Assets Review Committee (“SARC”), as required with respect to any loan which is in a collection process and to make a determination as to whether the loan should be placed on non-accrual status. The placement of loans on non-accrual status is subject to applicable regulatory restrictions and guidelines. Generally, loans should be placed in non-accrual status when the loan reaches 90 days past due, when it becomes likely the borrower cannot or will not make scheduled principal or interest payments, when full repayment of principal and interest is not expected, or when the loan displays potential loss characteristics. Normally, all accrued interest is charged off when a loan is placed in non-accrual status, unless Management believes it is likely the accrued interest will be collected. Any payments subsequently received are applied to principal. To remove a loan from non-accrual status, all principal and interest due must be paid up to date and the Bank is reasonably sure of future satisfactory payment performance. Usually, this requires a six-month recent history of payments due. Removal of a loan from non-accrual status will require the approval of the Chief Credit Officer and/or SARC. Loans are considered to be impaired when, based on current information and events, it is probable that we will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in evaluating impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. We also separately evaluate individual consumer loans for impairment. Loans are identified individually by monitoring the delinquency status of the Bank’s portfolio. Once identified, the Bank’s ongoing communications with the borrower allow evaluation of the significance of the payment delays and the circumstances surrounding the loan and the borrower. Once the determination has been made that a loan is impaired, the amount of the impairment is measured using one of three valuation methods: (i) the present value of expected future cash flows discounted at the loan’s effective interest rate; (ii) the loan’s observable market price; or (iii) the fair value of the collateral less selling costs. The method is selected on a loan-by-loan basis, with management primarily utilizing the fair value of collateral method. The evaluation of the need and amount of a specific allocation of the allowance and whether a loan can be removed from impairment status is made on a quarterly basis. We defer loan origination and commitment fees and direct loan origination costs and the net amount is amortized as an adjustment of the related loan’s yield. Troubled Debt Restructurings A restructuring of debt constitutes a troubled debt restructuring (“TDR”) if the creditor for economic or legal reasons related to the debtor’s financial difficulties grants a concession to the debtor that it would not otherwise consider. Concessions may include interest rate reductions or below market interest rates, principal forgiveness, restructuring amortization schedules and other actions intended to minimize potential losses. The determination of whether a concession has been granted includes an evaluation of the debtor’s ability to access funds at a market rate for debt with similar risk characteristics and among other things, the significance of the modification relative to unpaid principal or collateral value of the debt and/or the significance of a delay in the timing of payments relative to the frequency of payments, original maturity date or the expected duration of the loan. The most common concessions granted generally include one or more modifications to the terms of the debt such as a reduction in the interest rate for the remaining life of the debt, an extension of the maturity date at an interest rate lower than the current market rate for new debt with similar risk, or reduction of the unpaid principal or interest. All TDRs are considered impaired loans. Premises and Equipment Premises and equipment are carried at cost, less accumulated depreciation, while land is carried at cost. Depreciation expense is computed by the straight-line-method based on the estimated useful lives of assets, which range from seven three Software Development Software that we develop for internal use may be capitalized when costs are incurred after the preliminary project stage has ended and the application development stage begins. The application development stage includes designing, coding, installing and testing the software. Once the software has been implemented, costs for training and maintenance are expensed as incurred. Capitalized internal use software development costs are included in premises and equipment in the accompanying consolidated balance sheets. Bank-Owned Life Insurance Bank-owned life insurance represents life insurance on the lives of certain of our employees who have provided positive consent allowing us to be the beneficiary of such policies. These policies are recorded at their cash surrender value or the amount that can be realized upon surrender of the policy. Income from these policies is not subject to income taxes and is recorded as noninterest income. Equity Method Investments Investments in companies in which we have significant influence over the operating and financing decisions are accounted for using the equity method of accounting. Determining if we have significant influence requires judgement based on the facts and circumstances of each investment including level of ownership, legal structure and other qualitative factors which impact our ability to influence the investee's operations, and we review the facts and circumstances each reporting period to determine if we still have significant influence. Equity method investments are recorded initially at cost including costs to acquire the investment. These investments are included in the equity method investments line item on the consolidated balance sheets. We recognize our proportionate share of the investee's profits and losses in the equity method investments income line item. At the time of investment, we may make a one-time election to record our proportionate share of earnings of the investee on a lag of no more than three months. This election may be made on an investment by investment basis. We review equity method investments for impairment if there are events or changes in circumstances which indicate the carrying amount of the investment might not be recoverable. Intangible Assets and Goodwill Goodwill is the purchase premium after adjusting for the fair value of net assets acquired. Goodwill is not amortized but is reviewed for potential impairment on an annual basis, or when events or circumstances indicate a potential impairment, at the related reporting unit level. The goodwill impairment test involves comparing the fair value of the reporting unit with its carrying value, including goodwill. If the fair value of the reporting unit exceeds its carrying value, goodwill of the reporting unit is considered not impaired; however, if the carrying value of the reporting unit exceeds its fair value, an impairment charge must be recorded. An impairment loss recognized cannot exceed the amount of goodwill assigned to a reporting unit. An impairment loss establishes a new basis in the goodwill and subsequent reversals of goodwill impairment losses are not permitted under applicable accounting guidance. For intangible assets subject to amortization, the recoverability test is performed when a triggering event occurs and an impairment loss is recognized if the carrying value of the intangible asset exceeds fair value and is not recoverable. The carrying value of the intangible asset is considered not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use of the asset. Intangible assets deemed to have indefinite useful lives are not subject to amortization. An impairment loss is recognized if the carrying value of the intangible asset with an indefinite life exceeds its fair value. Derivative Instruments Interest Rate Swaps We entered into interest rate swap agreements to facilitate the risk management strategies of a small number of commercial banking clients. We mitigate this risk by entering into equal and offsetting interest rate swap agreements with highly rated third-party financial institutions. The interest rate swap agreements are free-standing derivatives and are recorded at fair value on our consolidated balance sheet. Fair value changes are recorded in noninterest income in our consolidated net income statement. At December 31, 2022 and 2021, the fair value of interest rate swap agreements was $8.4 million and $6.7 million, respectively. Fair Value Hedge We entered into an interest rate swap designated as a fair value hedge to mitigate the effect of changing interest rates on the fair values of certain designated fixed-rate loans and available for sale securities. This involves the receipt of variable amounts from a counterparty in exchange for us making fixed payments over the life of the agreements without the exchange of the underlying notional amount. The gain or loss on the derivative as well as the offsetting gain or loss on the hedged item attributable to the hedged risk are recognized in earnings. We entered into a pay-fixed/receive-variable interest rate swap in January 2019 with a notional amount of $10.9 million and $26.4 million at December 31, 2022 and 2021, respectively, which was designated as a fair value hedge associated with our fixed-rate loan program and certain available for sale securities. At December 31, 2022 and 2021, the fair value of interest rate swap hedge was $0.6 million and $0.7 million, respectively. Embedded Derivatives We enter into various contracts through the normal course of business and occasionally a contract may include terms and conditions that create an embedded derivative. An embedded derivative may occur even though the purpose of the contract is not intended to be a derivative contract. Components of a contract should be assessed to determine if they meet the definition of a derivative. If it does, we must then assess whether the embedded derivative is clearly and closely related to its host instrument. If the derivative is not clearly and closely related to the host contract, the embedded derivative must be separated from the host instrument and accounted for as a separate derivative. Servicing Assets Servicing assets are recorded when the Bank sells loans and retains the servicing on those loans. On a monthly basis, we track the amount of loans that are sold with servicing retained. We determine the servicing rights value, which is then recorded as an asset and amortized over the period of estimated net servicing revenues. The servicing assets are evaluated for impairment quarterly. Servicing loans for others generally consists of collecting payments from borrowers, maintaining escrow accounts, remitting payments to third party investors and, when necessary, foreclosure processing. Serviced loans are not included in the consolidated balance sheets. At December 31, 2022 and 2021, the value of servicing assets was $1.6 million and $2.8 million, respectively, and is included in accrued interest and other assets in the consolidated balance sheets. We have the ability to sell the guaranteed portion of loans originated through the SBA's 7(a) program. All SBA loan sales are executed on a servicing retained basis. We are required to retain a minimum of 10% of the principal balance in accordance with SBA regulations. Any gain on sale recognized as income is the sum of the premium on the guaranteed portion of the loan and the fair value of the servicing assets recognized, less the discount recorded on the unguaranteed portion of the loan that is retained. The remaining unguaranteed portion of the loan is presented net of the discount, which is recognized as interest income over the underlying loan's remaining term, using the effective interest method. Foreclosed Assets Held for Resale Foreclosed assets held for resale acquired in satisfaction of mortgage obligations and in

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Note 2 – Investment Securities Amortized cost and fair values of investment securities available-for-sale at December 31, 2022 are summarized as follows: (Dollars in thousands) Amortized Cost Unrealized Gain Unrealized Loss Fair Value United States government agency securities $ 51,436 $ 15 $ (6,637) $ 44,814 United States sponsored mortgage-backed securities 68,267 — (11,696) 56,571 United States treasury securities 130,689 48 (9,828) 120,909 Municipal securities 157,842 2,412 (21,618) 138,636 Corporate debt securities 10,570 10 (20) 10,560 Other debt securities 7,500 — — 7,500 Total debt securities 426,304 2,485 (49,799) 378,990 Other securities 824 — — 824 Total investment securities available-for-sale $ 427,128 $ 2,485 $ (49,799) $ 379,814 Amortized cost and fair values of investment securities available-for-sale at December 31, 2021 are summarized as follows: (Dollars in thousands) Amortized Cost Unrealized Gain Unrealized Loss Fair Value United States government agency securities $ 41,105 $ 228 $ (896) $ 40,437 United States sponsored mortgage-backed securities 77,519 222 (1,633) 76,108 United States treasury securities 112,133 — (1,744) 110,389 Municipal securities 171,044 4,334 (366) 175,012 Corporate debt securities 11,093 49 — 11,142 Other debt securities 7,500 — — 7,500 Total debt securities 420,394 4,833 (4,639) 420,588 Other securities 878 — — 878 Total investment securities available-for-sale $ 421,272 $ 4,833 $ (4,639) $ 421,466 The following table summarizes amortized cost and fair values of debt securities by maturity: December 31, 2022 Available for sale (Dollars in thousands) Amortized Cost Fair Value Within one year $ 5,034 $ 5,033 After one year, but within five years 140,570 130,614 After five years, but within ten years 41,366 37,368 After ten years 239,334 205,975 Total $ 426,304 $ 378,990 The table above reflects contractual maturities. Actual results will differ as the loans underlying the mortgage-backed securities may repay sooner than scheduled. Investment securities with a carrying value of $91.3 million and $244.6 million at December 31, 2022 and 2021, respectively, were pledged to secure public funds, repurchase agreements and potential borrowings at the Federal Reserve discount window. Our investment portfolio includes securities that are in an unrealized loss position as of December 31, 2022, the details of which are included in the following table. Although these securities, if sold at December 31, 2022 would result in a pretax loss of $49.8 million, we have no intent to sell the applicable securities at such fair values, and maintain that we have the ability to hold these securities until all principal has been recovered. It is more likely than not that we will not, for liquidity purposes, sell any securities at a loss. Declines in the fair values of these securities can be traced to general market conditions, which reflect the prospect for the economy as a whole. When determining other-than-temporary impairment on securities, we consider such factors as adverse conditions specifically related to a certain security or to specific conditions in an industry or geographic area, the time frame securities have been in an unrealized loss position, our ability to hold the security for a period of time sufficient to allow for anticipated recovery in value, whether or not the security has been downgraded by a rating agency and whether or not the financial condition of the security issuer has severely deteriorated. As of December 31, 2022, we consider all securities with unrealized loss positions to be temporarily impaired. As a result, we do not believe we will sustain any material realized losses as a result of the current temporary decline in fair value. The following table discloses the length of time that investments have remained in an unrealized loss position at December 31, 2022: (Dollars in thousands) Less than 12 months 12 months or more Description and number of positions Fair Value Unrealized Loss Fair Value Unrealized Loss United States government agency securities (32) $ 21,287 $ (1,937) $ 19,423 $ (4,700) United States sponsored mortgage-backed securities (51) 6,953 (852) 49,618 (10,844) United States treasury securities (29) 11,936 (130) 102,092 (9,698) Municipal securities (173) 65,930 (7,507) 41,184 (14,111) Corporate debt securities (3) 2,380 (20) — — $ 108,486 $ (10,446) $ 212,317 $ (39,353) The following table discloses the length of time that investments have remained in an unrealized loss position at December 31, 2021: (Dollars in thousands) Less than 12 months 12 months or more Description and number of positions Fair Value Unrealized Loss Fair Value Unrealized Loss United States government agency securities (21) $ 5,101 $ (77) $ 21,770 $ (819) United States sponsored mortgage-backed securities (30) 55,354 (1,346) 7,845 (287) United States treasury securities (24) 110,389 (1,744) — — Municipal securities (53) 32,221 (270) 7,001 (96) Corporate debt securities (9) — — — — $ 203,065 $ (3,437) $ 36,616 $ (1,202) The following table summarizes the investment sales and related gains and losses in 2022, 2021 and 2020: (Dollars in thousands) 2022 2021 2020 Proceeds from sales of available-for-sale securities $ 60,635 $ 146,011 $ 54,023 Gains, gross 717 3,944 948 Losses, gross (67) (69) (34) Proceeds from sales of equity securities $ 1,356 $ 543 $ 4,622 Gains, gross 158 5 3,501 Losses, gross (214) — — Unrealized holding gains (losses) on equity securities $ (1,543) $ 3,776 $ 374

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 3 – Loans and Allowance for Loan Losses The components of loans in the Consolidated Balance Sheet at December 31, were as follows: (Dollars in thousands) 2022 2021 Commercial: Business $ 851,072 $ 818,986 Real estate 632,839 561,718 Acquisition, development and construction 126,999 99,823 Total commercial $ 1,610,910 $ 1,480,527 Residential real estate 606,970 306,140 Home equity lines of credit 18,734 22,186 Consumer 131,566 43,919 Total loans, excluding PCI 2,368,180 1,852,772 Purchased credit impaired loans: Commercial: Business — 2,629 Real estate — 11,018 Acquisition, development and construction — 257 Total commercial — 13,904 Residential real estate 2,482 4,358 Consumer — 413 Total purchased credit impaired loans $ 2,482 $ 18,675 Total loans 2,370,662 1,871,447 Deferred loan origination costs and (fees), net 1,983 (1,609) Loans receivable $ 2,372,645 $ 1,869,838 Loans serviced for others are not included in the accompanying consolidated balance sheet. The unpaid principal balances of loans serviced for others requiring recognition of a servicing asset were $164.1 million and $347.5 million at December 31, 2022 and 2021, respectively. The following table summarizes the primary segments of the loan portfolio as of December 31, 2022 and 2021: Commercial (Dollars in thousands) Business Real Estate Acquisition, development and construction Total Commercial Residential Home Equity Lines of Credit Consumer Total December 31, 2022 Individually evaluated for impairment $ 10,451 $ 1,365 $ — $ 11,816 $ 2,603 $ 90 $ 1,351 $ 15,860 Collectively evaluated for impairment 840,621 631,474 126,999 1,599,094 606,849 18,644 130,215 2,354,802 Total loans $ 851,072 $ 632,839 $ 126,999 $ 1,610,910 $ 609,452 $ 18,734 $ 131,566 $ 2,370,662 December 31, 2021 Individually evaluated for impairment $ 12,954 $ 2,206 $ 1,392 $ 16,552 $ 8,765 $ 217 $ 432 $ 25,966 Collectively evaluated for impairment 808,661 570,530 98,688 1,477,879 301,733 21,969 43,900 1,845,481 Total loans $ 821,615 $ 572,736 $ 100,080 $ 1,494,431 $ 310,498 $ 22,186 $ 44,332 $ 1,871,447 We currently manage our loan portfolios and the respective exposure to credit losses (credit risk) by the following specific portfolio segments which are levels at which we develop and document our systematic methodology to determine the allowance for credit losses attributable to each respective portfolio segment. These segments are as follows: Commercial business loans – Commercial loans are made to provide funds for equipment and general corporate needs, as well as to finance owner occupied real estate, and to finance future cash flows of Federal Government lease contracts. Repayment of these loans primarily uses the funds obtained from the operation of the borrower’s business. Commercial loans also include lines of credit that are utilized to finance a borrower’s short-term credit needs and/or to finance a percentage of eligible receivables and inventory. This segment includes both company originated and purchased participation loans. 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. Commercial real estate loans – Commercial real estate loans consist of non-owner occupied properties, such as investment properties for retail, office and multifamily with a history of occupancy and cash flow. This segment includes both company originated and purchased participation loans. These loans carry the risk of adverse changes in the local economy and a tenant’s deteriorating credit strength, lease expirations in soft markets and sustained vacancies which can adversely impact cash flow. Commercial acquisition, development and construction loans – Commercial acquisition, development and construction loans are intended to finance the construction of commercial and residential properties, including the construction of single-family dwellings, and also includes loans for the acquisition and development of land. Construction loans represent a higher degree of risk than permanent real estate loans and may be affected by a variety of factors such as the borrower’s ability to control costs and adhere to time schedules and the risk that constructed units may not be absorbed by the market within the anticipated time frame or at the anticipated price. The loan commitment on these loans often includes an interest reserve that allows the lender to periodically advance loan funds to pay interest charges on the outstanding balance of the loan. Commercial Small Business Administration loans – Loans originated through the various SBA programs have become an area of lending focus for the Bank. As of December 31, 2022, these loans have not yet been designated as a unique portfolio segment due to the relative insignificance from a loan volume perspective. These loans are currently included within the loan types noted above, based on the purpose of each loan originated. When appropriate, the portfolio segments will be adjusted to segregate the SBA loan portfolio segment from the other commercial loan portfolio segments. Commercial SBA Paycheck Protection Program loans –This segment includes the loan originated through the recently created SBA PPP loans. Credit risk is heightened as this SBA program mandates that these loans require no collateral and no guarantors of the loans. However, the loans are backed by a full guaranty of the SBA, so long as the loans were originated in accordance with the program guidelines. Additionally, these loans are eligible for full forgiveness by the SBA so long as the borrowers comply with the program guidelines as it pertains to their eligibility to borrow these funds, as well as their use of the funds. Residential mortgage loans – This residential real estate subsegment contains permanent and construction mortgage loans principally to consumers secured by residential real estate. Residential real estate loans are evaluated for the adequacy of repayment sources at the time of approval, based upon measures including credit scores, debt-to-income ratios and collateral values. Credit risk arises from the borrower’s, and where applicable the builder'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. Home equity lines of credit – This segment includes subsegment for senior lien and subordinate lien lines of credit. Credit risk is similar to residential real estate loans described above as it is subject to the borrower’s continuing financial stability and the value of the collateral securing the loan. Consumer loans – This segment of loans includes primarily installment loans and personal lines of credit. Consumer loans include installment loans used by clients to purchase automobiles, boats and recreational vehicles. Credit risk is similar to residential real estate loans described above as it is subject to the borrower’s continuing financial stability and the value of the collateral securing the loan. This segment primarily includes loans purchased from a third-party originator that originates loans in order to finance the purchase of personal automotive vehicles for sub-prime borrowers. Credit risk is unique in comparison to the remainder of the Consumer segment as these loans are being provided to consumers that cannot typically obtain financing through traditional lenders. As such, these loans are subject to a higher risk of default than the typical Consumer loan. The following table presents impaired loans by class segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of December 31, 2022 and 2021: Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans (Dollars in thousands) Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance December 31, 2022 Commercial: Business $ 3,436 $ 1,253 $ 7,015 $ 10,451 $ 15,324 Real estate 1,240 222 125 1,365 1,470 Acquisition, development and construction — — — — 1,415 Total commercial 4,676 1,475 7,140 11,816 18,209 Residential — — 2,603 2,603 2,671 Home equity lines of credit — — 90 90 94 Consumer 1,347 268 4 1,351 1,351 Total impaired loans $ 6,023 $ 1,743 $ 9,837 $ 15,860 $ 22,325 December 31, 2021 Commercial: Business $ 2,401 $ 232 $ 8,796 $ 11,197 $ 13,010 Real estate 668 243 543 1,211 1,329 Acquisition, development and construction — — 1,392 1,392 2,807 Total commercial 3,069 475 10,731 13,800 17,146 Residential — — 8,179 8,179 8,219 Home equity lines of credit — — 217 217 221 Consumer — — 259 259 259 Total impaired loans $ 3,069 $ 475 $ 19,386 $ 22,455 $ 25,845 The following table presents the average recorded investment in impaired loans and related interest income recognized for the years ended: December 31, 2022 December 31, 2021 December 31, 2020 (Dollars in thousands) Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Commercial: Business $ 12,781 $ 8 $ 6 $ 7,701 $ — $ — $ 6,066 $ — $ — Real estate 1,479 57 59 2,051 60 43 3,057 97 104 Acquisition, development and construction 273 — — 344 — — 1,207 67 73 Total commercial 14,533 65 65 10,096 60 43 10,330 164 177 Residential 6,952 15 15 5,992 15 14 2,541 19 19 Home equity lines of credit 149 — — 81 — — 87 — — Consumer 915 — — 41 — — 7 — — Total $ 22,549 $ 80 $ 80 $ 16,210 $ 75 $ 57 $ 12,965 $ 183 $ 196 As of December 31, 2022, there are ten loans collateralized by residential real estate property in the process of foreclosure. The total recorded investment in these loans was $2.1 million as of December 31, 2022. These loans are included in the table above and have no specific allowance allocated to them. As of December 31, 2022, the Bank's other real estate owned balance totaled $1.2 million. The Bank held five foreclosed residential real estate properties representing $0.2 million, or 16.7%, of the total balance of other real estate owned. The Bank held three commercial real estate properties representing $1.0 million or 83.3% of the total balance of other real estate owned. As of December 31, 2021, there are six loans collateralized by residential real estate property in the process of foreclosure. The total recorded investment in these loans was $0.4 million as of December 31, 2021. These loans are included in the table above and have no specific allowance allocated to them. As of December 31, 2021, the Bank's other real estate owned balance totaled $2.4 million. The Bank held four foreclosed residential real estate properties, representing $0.2 million, or 7.3%, of the total balance of other real estate owned. The Bank held ten commercial real estate properties representing $2.2 million or 92.7% of the total of other real estate owned. We use a nine point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first six categories are considered not criticized and are aggregated as “Pass” rated. The criticized rating categories utilized by management generally follow bank regulatory definitions. Loans categorized as “Pass” rated have adequate sources of repayment, with little identifiable risk of collection and general conformity to the Bank's policy requirements, product guidelines and underwriting standards. Any exceptions that are identified during the underwriting and approval process have been adequately mitigated by other factors. Loans categorized as “Special Mention” rated have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the institution’s credit position at some future date. Special mention assets are not adversely classified and do not expose the institution to sufficient risk to warrant adverse classification. Loans categorized as “Substandard” rated are inadequately protected by the current sound worth and paying capacity of the borrower or of the collateral pledged, if any. Loans so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt and are characterized by the distinct possibility that bank will sustain some loss if the deficiencies are not corrected. Loans categorized as “Doubtful” rated have all the weakness inherent in those classified substandard with the added characteristic that the weakness make collections or liquidation in full, on the basis of currently known facts, conditions and values, highly questionable and improbable. However, these loans are not yet rated as loss because certain events may occur which would salvage the debt. The Special Mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a Substandard classification. Loans in the Substandard category have well-defined weaknesses that jeopardize the liquidation of the debt and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. Any portion of a loan that has been or is expected to be charged off is placed in the Loss category. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Bank has a structured loan rating process with several layers of internal and external oversight. Generally, consumer and residential mortgage loans are included in the Pass categories unless a specific action, such as past due status, bankruptcy, repossession or death occurs to raise awareness of a possible credit event. The Bank’s Chief Credit Officer is responsible for the timely and accurate risk rating of the loans in the portfolio at origination and on an ongoing basis. The Credit Department ensures that a review of all commercial relationships of $1.0 million or greater is performed annually. Review of the appropriate risk grade is included in both the internal and external loan review process, and on an ongoing basis. The Bank has an experienced Credit Department that continually reviews and assesses loans within the portfolio. The Bank engages an external consultant to conduct independent loan reviews on at least an annual basis. Generally, the external consultant reviews larger commercial relationships or criticized relationships. The Credit Department compiles detailed reviews, including plans for resolution, on loans classified as Substandard on a quarterly basis. Loans in the Special Mention and Substandard categories that are collectively evaluated for impairment are given separate consideration in the determination of the allowance. The following table represents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of December 31, 2022 and 2021: (Dollars in thousands) Pass Special Mention Substandard Doubtful Total December 31, 2022 Commercial: Business $ 830,319 $ 5,963 $ 12,103 $ 2,687 $ 851,072 Real estate 592,997 18,883 20,600 359 632,839 Acquisition, development and construction 120,788 5,277 934 126,999 Total commercial 1,544,104 30,123 33,637 3,046 1,610,910 Residential 605,513 760 1,556 1,623 609,452 Home equity lines of credit 18,269 375 90 — 18,734 Consumer 131,562 — 4 — 131,566 Total loans $ 2,299,448 $ 31,258 $ 35,287 $ 4,669 $ 2,370,662 December 31, 2021 Commercial: Business $ 789,101 $ 12,246 $ 18,143 $ 2,125 $ 821,615 Real estate 526,851 12,598 31,293 1,994 572,736 Acquisition, development and construction 89,893 4,960 4,163 1,064 100,080 Total commercial 1,405,845 29,804 53,599 5,183 1,494,431 Residential 299,291 899 9,815 493 310,498 Home equity lines of credit 21,582 387 191 26 22,186 Consumer 43,519 24 259 530 44,332 Total loans $ 1,770,237 $ 31,114 $ 63,864 $ 6,232 $ 1,871,447 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. A loan that has deteriorated and requires additional collection efforts by the Bank could warrant non-accrual status. A thorough review is presented to the Chief Credit Officer and/or the SARC, as required with respect to any loan which is in a collection process and to make a determination as to whether the loan should be placed on non-accrual status. The placement of loans on non-accrual status is subject to applicable regulatory restrictions and guidelines. Generally, loans should be placed in non-accrual status when the loan reaches 90 days past due, when it becomes likely the borrower cannot or will not make scheduled principal or interest payments, when full repayment of principal and interest is not expected or when the loan displays potential loss characteristics. Normally, all accrued interest is charged off when a loan is placed in non-accrual status, unless we believe it is likely the accrued interest will be collected. Any payments subsequently received are applied to principal. To remove a loan from non-accrual status, all principal and interest due must be paid up to date and the Bank is reasonably sure of future satisfactory payment performance. Usually, this requires the receipt of six The following table presents the classes of the loan portfolio summarized by aging categories of performing loans and nonaccrual loans as of December 31, 2022 and 2021: (Dollars in thousands) Current 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Total Loans Non-Accrual 90+ Days Still Accruing December 31, 2022 Commercial: Business $ 850,112 $ — $ 960 $ — $ 960 $ 851,072 $ 7,528 $ — Real estate 632,839 — — — — 632,839 — — Acquisition, development and construction 126,999 — — — — 126,999 — — Total commercial 1,609,950 — 960 — 960 1,610,910 7,528 — Residential 606,554 1,820 1,078 — 2,898 609,452 2,196 — Home equity lines of credit 18,131 603 — — 603 18,734 90 — Consumer 120,504 6,848 2,867 1,347 11,062 131,566 1,351 — Total loans $ 2,355,139 $ 9,271 $ 4,905 $ 1,347 $ 15,523 $ 2,370,662 $ 11,165 $ — December 31, 2021 Commercial: Business $ 816,638 $ 1,718 $ 11 $ 3,248 $ 4,977 $ 821,615 $ 8,261 $ — Real estate 569,792 396 461 2,087 2,944 572,736 192 — Acquisition, development and construction 98,781 67 412 820 1,299 100,080 1,392 — Total commercial 1,485,211 2,181 884 6,155 9,220 1,494,431 9,845 — Residential 303,940 3,620 285 2,653 6,558 310,498 7,636 — Home equity lines of credit 21,974 — 119 93 212 22,186 217 — Consumer 42,231 1,211 461 429 2,101 44,332 259 — Total loans $ 1,853,356 $ 7,012 $ 1,749 $ 9,330 $ 18,091 $ 1,871,447 $ 17,957 $ — The ALL is maintained to absorb losses from the loan portfolio and is based on management’s continuing evaluation of the risk characteristics and credit quality of the loan portfolio, assessment of current economic conditions, diversification and size of the portfolio, adequacy of collateral, past and anticipated loss experience and the amount of non-performing loans. Interest income on loans would have increased by approximately $0.5 million, $0.4 million and $0.6 million for 2022, 2021 and 2020, respectively, if loans had performed in accordance with their terms. The Bank’s methodology for determining the ALL is based on the requirements of ASC Section 310 for loans individually evaluated for impairment (discussed above) and ASC Subtopic 450-20 for loans collectively evaluated for impairment, as well as the Interagency Policy Statements on the Allowance for Loan and Lease Losses and other bank regulatory guidance. The total of the two components represents the Bank’s ALL. The Bank analyzes certain impaired loans in homogeneous pools, rather than on an individual basis, when those loans are below specific thresholds based on outstanding principal balance. More specifically, residential mortgage loans, home equity lines of credit and consumer loans, when considered impaired, are evaluated collectively for impairment by applying allocation rates derived from the Bank’s historical losses specific to impaired loans and the reserve totaled $0.1 million and $0.1 million and $0.1 million as of December 31, 2022, 2021 and 2020, respectively. Loans that are collectively evaluated for impairment are analyzed with general allowances being made as appropriate. For general allowances, historical loss trends are used in the estimation of losses in the current portfolio. These historical loss amounts are modified by qualified factors. The segments described above, which are based on the Federal call code assigned to each loan, provide the starting point for the ALL analysis. Company and Bank management track the historical net charge-off activity at the call code level. A historical charge-off factor is calculated utilizing a defined number of consecutive historical quarters. All pools currently utilize a rolling 12 quarters. “Pass” rated credits are segregated from “Criticized” credits for the application of qualitative factors. Loans in the criticized pools, which possess certain qualities or characteristics that may lead to collection and loss issues, are closely monitored by management and subject to additional qualitative factors. Management has identified a number of additional qualitative factors which we use to supplement the historical charge-off factor as these factors are likely to cause estimated credit losses associated with the existing loan pools to differ from historical loss experience. The additional factors that are evaluated quarterly and updated using information obtained from internal, regulatory and governmental sources are: lending policies and procedures, nature and volume of the portfolio, experience and ability of lending management and staff, volume and severity of problem credits, quality of the loan review system, changes in the value of underlying collateral, effect of concentrations of credit from a loan type, industry and/or geographic standpoint, changes in economic and business conditions, consumer sentiment and other external factors. The combination of historical charge-off and qualitative factors are then weighted for each risk grade. These weightings are determined internally based upon the likelihood of loss as a loan risk grading deteriorates. To estimate the liability for off-balance sheet credit exposures, Bank management analyzed the portfolios of letters of credit, non-revolving lines of credit and revolving lines of credit and based its calculation on the expectation of future advances of each loan category. Letters of credit were determined to be highly unlikely to advance since they are generally in place only to ensure various forms of performance of the borrowers. In the Bank’s history, there have been no letters of credit drawn upon. In addition, many of the letters of credit are cash secured and do not warrant an allocation. Non-revolving lines of credit were determined to be highly likely to advance as these are typically construction lines. Meanwhile, the likelihood of revolving lines of credit advancing varies with each individual borrower. Therefore, the future usage of each line was estimated based on the average line utilization of the revolving line of credit portfolio as a whole. Once the estimated future advances were calculated, an allocation rate, which was derived from the Bank’s historical losses and qualitative environmental factors, was applied in the similar manner as those used for the allowance for loan loss calculation. The resulting estimated loss allocations were totaled to determine the liability for unfunded commitments related to these loans, which Management considers necessary to anticipate potential losses on those commitments that have a reasonable probability of funding. The liability for unfunded commitments was $0.5 million as of December 31, 2022 and 2021. Bank management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the ALL. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the ALL. The following tables summarize the activity of primary segments of the ALL segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment for the years ending December 31, 2022, 2021 and 2020: Commercial (Dollars in thousands) Business Real Estate Acquisition, development and construction Total Commercial Residential Home Equity Lines of Credit Consumer Total ALL balance at December 31, 2021 $ 8,027 $ 5,091 $ 982 $ 14,100 $ 1,492 $ 128 $ 2,546 $ 18,266 Charge-offs (2,858) — — (2,858) (84) — (12,241) (15,183) Recoveries 56 127 — 183 — 7 6,370 6,560 Provision (release) 3,546 486 82 4,114 1,472 (4) 8,612 14,194 ALL balance at December 31, 2022 $ 8,771 $ 5,704 $ 1,064 $ 15,539 $ 2,880 $ 131 $ 5,287 $ 23,837 Individually evaluated for impairment $ 1,253 $ 222 $ — $ 1,475 $ — $ — $ 268 $ 1,743 Collectively evaluated for impairment $ 7,518 $ 5,482 $ 1,064 $ 14,064 $ 2,880 $ 131 $ 5,019 $ 22,094 Commercial (Dollars in thousands) Business Real Estate Acquisition, development and construction Total Commercial Residential Home Equity Lines of Credit Consumer Total ALL balance at December 31, 2020 $ 12,193 $ 9,079 $ 2,761 $ 24,033 $ 1,462 $ 298 $ 51 $ 25,844 Charge-offs (1,284) (83) — (1,367) (5) — (247) (1,619) Recoveries 231 — — 231 — 24 61 316 Provision (release) (3,113) (3,905) (1,779) (8,797) 35 (194) 2,681 (6,275) ALL balance at December 31, 2021 $ 8,027 $ 5,091 $ 982 $ 14,100 $ 1,492 $ 128 $ 2,546 $ 18,266 Individually evaluated for impairment $ 232 $ 243 $ — $ 475 $ — $ — $ — $ 475 Collectively evaluated for impairment $ 7,795 $ 4,848 $ 982 $ 13,625 $ 1,492 $ 128 $ 2,546 $ 17,791 Commercial (Dollars in thousands) Business Real Estate Acquisition, development and construction Total Commercial Residential Home Equity Lines of Credit Consumer Total ALL balance at December 31, 2019 $ 6,197 $ 2,988 $ 913 $ 10,098 $ 1,272 $ 327 $ 78 $ 11,775 Charge-offs (1,909) (23) — (1,932) (235) (23) — (2,190) Recoveries 15 7 — 22 — 9 3 34 Provision (release) 7,890 6,107 1,848 15,845 779 (15) (30) 16,579 Allowance contributed with mortgage combination transaction — — — — (354) — — (354) ALL balance at December 31, 2020 $ 12,193 $ 9,079 $ 2,761 $ 24,033 $ 1,462 $ 298 $ 51 $ 25,844 Individually evaluated for impairment $ 1,034 $ 262 $ — $ 1,296 $ — $ — $ — $ 1,296 Collectively evaluated for impairment $ 11,159 $ 8,817 $ 2,761 $ 22,737 $ 1,462 $ 298 $ 51 $ 24,548 The allowance for loan losses is based on estimates, and actual losses will vary from current estimates. Management believes that the granularity of the homogeneous pools and the related historical loss ratios and other qualitative factors, as well as the consistency in the application of assumptions, result in an ALL that is representative of the risk found in the components of the portfolio at any given date. Troubled Debt Restructurings At December 31, 2022 and 2021, the Bank had specific reserve allocations for TDRs of $0.4 million and $0.5 million, respectively. Loans considered to be troubled debt restructured loans totaled $10.4 million and $12.6 million as of December 31, 2022 and December 31, 2021, respectively. Of these totals, $4.7 million and $4.5 million, respectively, represent accruing troubled debt restructured loans and represent 45% and 21%, respectively, of total impaired loans. Meanwhile, as of December 31, 2022, $5.7 million represents nine loans to seven borrowers that have defaulted under the restructured terms. The largest of these loans is a $1.9 million restructured commercial loan to a company previously dependent on the coal industry, which is now structured as an unsecured loan. Three of these loans to an unrelated borrower, totaling $3.1 million, are restructured equipment loans to a borrower in the coal industry, which was provided extended interest-only terms to allow time for the collateral equipment to be sold. There is a commercial loan totaling $0.5 million secured by government lease payments that previously defaulted and is now making restructured payments. The four remaining unrelated borrowers have a single loan each, totaling $0.2 million. These borrowers have experienced continued financial difficulty and are considered non-performing loans as of December 31, 2022. All of the nine loans were also considered non-performing loans as of December 31, 2021. During the year ended December 31, 2022, no restructured loans defaulted under their modified terms that were not already classified as non-performing for having previously defaulted under their modified terms. There were no commitments to advance funds to any TDRs as of December 31, 2022. There were no new loans identified as TDRs during the year ended December 31, 2022. The following table presents details related to loans identified as TDRs during the year ended December 31, 2021: December 31, 2021 (Dollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Commercial: Business 2 $ 5,200 $ 4,836 Real estate — — — Total commercial 2 5,200 4,836 Residential — — — Total 2 $ 5,200 $ 4,836 1 The pre-modification and post-modification balances represent the balances outstanding immediately before and after modification of the loan. PPP Loans and CARES Act Deferrals We actively participated in the PPP as a lender, evaluating other programs available to assist our clients and providing deferrals consistent with GSE guidelines. As of December 31, 2022, the outstanding balance of PPP loans totaled $7.9 million on loans originated through our internal commercial team and $5.6 million on loans originated through our partnership with a Fintech company. A single loan totaling $2.0 million was labeled Special Mention as of December 31, 2022. The borrower did not complete all of the steps required for forgiveness under the PPP program and converted to principal and interest payments in December 2022. We are currently following the administrative steps needed to submit the loan to the SBA for the execution of their full guarantee.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Premises and Equipment	Note 4 – Premises and Equipment The following table presents the components of premises and equipment at December 31,: (Dollars in thousands) 2022 2021 Land $ 3,465 $ 3,465 Buildings and improvements 13,393 13,393 Furniture, fixtures and equipment 17,642 16,841 Software 6,019 4,176 Construction in progress 508 531 Leasehold improvements 2,836 2,895 43,863 41,301 Accumulated depreciation (20,210) (16,249) Premises and equipment, net $ 23,653 $ 25,052 Depreciation expense totaled $4.4 million, $3.3 million and $3.0 million for 2022, 2021 and 2020, respectively. We lease certain premises and equipment under operating and finance leases. At December 31, 2022, we had lease liabilities totaling $15.0 million and right-of-use assets totaling $13.9 million, substantially all of which was related to operating leases. At December 31, 2022, the weighted-average remaining lease term for operating leases was 11.6 years and the weighted-average discount rate used in the measurement of operating lease liabilities was 3.0%. At December 31, 2021, we had lease liabilities totaling $18.6 million, of which $18.5 million was related to operating leases and $0.1 million was related to finance leases, and right-of-use assets totaling $17.5 million, all of which was related to operating leases. At December 31, 2021, the weighted-average remaining lease term for operating leases was 12.0 years, and the weighted-average discount rate used in the measurement of operating lease liabilities was 2.8%. At December 31, 2021, the weighted-average remaining lease term for finance leases was 1.8 years, and the weighted-average discount rates used in the measurement of finance lease liabilities was 2.0%. Lease liabilities and right-of-use assets are reflected in other liabilities other assets The following shows lease costs for the years ended: (Dollars in thousands) December 31, 2022 December 31, 2021 Amortization of right-of-use assets, finance leases $ 57 $ 59 Interest on lease liabilities, finance leases — 2 Operating lease cost 1,781 1,966 Short-term lease cost 32 5 Variable lease cost 38 38 Total lease cost $ 1,908 $ 2,070 There were no sale and leaseback transactions, leveraged leases or lease transactions with related parties during the year ended December 31, 2022. For operating leases with initial or remaining terms of one year or more as of December 31, 2022, the following table presents future minimum payments for the twelve month periods ended December 31: (Dollars in thousands) Operating Leases 2023 $ 1,655 2024 1,579 2025 1,576 2026 1,584 2027 1,625 2028 and thereafter 10,111 Total future minimum lease payments $ 18,130 Less: Amounts representing interest (3,120) Present value of net future minimum lease payments $ 15,010 There are no material future minimum payments on finance leases as of December 31, 2022.

Equity Method Investments

Equity Method Investments	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Note 5 – Equity Method Investments In accordance with Rules 3-09 and 4-08(g) of Regulation S-X, we must assess whether our equity method investments are significant. In evaluating the significance of these investments, we performed the income, investment and asset tests described in S-X 1-02(w) for each equity method investment. Rule 3-09 of Regulation S-X requires separate audited financial statements of an equity method investee in an annual report if either the income or investment test exceeds 20%. Rule 4-08(g) of Regulation S-X requires summarized financial information for all equity method investees in an annual report if any of the equity method investees, individually or in the aggregate, result in any of the tests exceeding 10%. Under the income test, our proportionate share of the revenue from equity method investments in the aggregate exceeded the applicable threshold under Rule 4-08(g) of 10% for the year ended December 31, 2022, accordingly, we are required to provide summarized income statement information for all investees for all periods presented. There were no equity method investments which met any of the applicable thresholds for reporting Rule 3-09 for reporting separate financial statements as of the year ended December 31, 2022. Our equity method investments are initially recorded at cost, including transaction costs to obtain the equity method investment, and are subsequently adjusted for changes due to our share of the entities' earnings. ICM The following table provides summarized income statement information for ICM for the years ended December 31, 2022 and 2021: December 31, (Dollars in thousands) 2022 2021 Total revenues $ 67,207 $ 153,549 Net income 343 41,381 Gain on sale of loans 44,921 150,896 Volume of loans sold 2,325,709 5,326,757 Our ownership percentage of 40% of ICM allows us to have significant influence over the operations and decision making at ICM. Accordingly, the investment is accounted for as an equity method investment. Our share of net income from our investment in ICM was not material and $16.4 million for the years ended December 31, 2022 and 2021, respectively. As of December 31, 2022 and 2021, the locked mortgage pipeline was $0.7 billion and $1.0 billion, respectively. Warp Speed In October 2022, we acquired a 37.5% interest in Warp Speed and accounted for our ownership as an equity method investment, initially recorded at cost including costs incurred to obtain the equity method investment. Please refer to Note 25 – Acquisitions and Divestitures . Our ownership of Warp Speed allows us to have significant influence over its operations and decision making. Accordingly, the investment is accounted for as an equity method investment. At the time of acquisition, we made a policy election to record our proportionate share of net income of the investee on a three month lag. For the year ended December 31, 2022, we recorded no impact on our income from the equity method investment in Warp Speed. Ayers Socure II Our ownership percentage of 10% of Ayers Socure II allows us to have significant influence over the company. Accordingly, the investment is accounted for as an equity method investment. Our share of net income from Ayers Socure II for the twelve months ended December 31, 2022 was not significant. The equity method investment in Ayers Socure II is not considered a significant investment based on the criteria of Rule 10-01(b)(1) of Regulation S-X. Ayers Socure II's sole business is ownership of equity securities in Socure Inc. ("Socure"). In addition to our equity method investment in Ayers Socure II, we also have direct equity security ownership interest in Socure. With the combination of our investments in both Ayers Socure II and Socure directly, we own less than 1% of Socure in total. Interchecks Prior to December 2022, our ownership percentage of Interchecks, as well as certain other qualitative factors, allowed us to have significant influence over the operations and decision making at Interchecks. Accordingly, the investment had been accounted for as an equity method investment. As a result of a December 2022 sale of Interchecks shares, our remaining ownership percentage decreased to 9%, which was no longer significant to warrant equity method investment classification, and this investment was reclassified to equity securities as of December 31, 2022.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2022
Deposits [Abstract]
Deposits	Note 6 – Deposits Deposits at December 31, were as follows: (Dollars in thousands) 2022 2021 Demand deposits of individuals, partnerships and corporations Noninterest-bearing demand $ 1,231,544 $ 1,120,433 Interest-bearing demand 720,074 651,016 Savings and money markets 284,447 510,068 Time deposits, including CDs and IRAs 334,417 96,088 Total deposits $ 2,570,482 $ 2,377,605 Time deposits that meet or exceed the FDIC insurance limit $ 4,386 $ 9,573 Maturities of time deposits at December 31, 2022 were as follows (dollars in thousands): 2023 $ 263,254 2024 64,010 2025 3,819 2026 687 2027 2,394 Thereafter 253 Total $ 334,417

Borrowed Funds

Borrowed Funds	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Borrowed Funds	Note 7 – Borrowed Funds The Bank is a member of the FHLB of Pittsburgh, Pennsylvania. As of December 31, 2022, the Bank's maximum borrowing capacity with the FHLB was $751.4 million and the remaining borrowing capacity was $539.3 million, with the difference being short-term borrowings and letters of credit with the FHLB. Short-term borrowings As of December 31, 2022, the Bank had $102.3 million short-term borrowings with the FHLB and no borrowings under Fed Funds purchased outstanding. As of December 31, 2021, the Bank had no short-term borrowings with the FHLB and no borrowings under Fed Funds purchased outstanding. Information related to short-term borrowings is summarized as follows: (Dollars in thousands) 2022 2021 Balance at end of year $ 102,333 $ — Average balance during the year 15,494 25,275 Maximum month-end balance 102,333 130,047 Weighted-average rate during the year 2.82 % 0.05 % Weighted-average rate at December 31 4.45 % — % Long-term borrowings As of December 31, 2022 and December 31, 2021, the Bank had no long-term borrowings with the FHLB. Repurchase agreements Along with traditional deposits, the Bank has access to securities sold under agreements to repurchase (“repurchase agreements”) with clients representing funds deposited by clients, on an overnight basis, that are collateralized by investment securities owned by us. All repurchase agreements are subject to terms and conditions of repurchase/security agreements between us and the client and are accounted for as secured borrowings. Our repurchase agreements reflected in liabilities consist of client accounts and securities which are pledged on an individual security basis. We monitor the fair value of the underlying securities on a monthly basis. Repurchase agreements are reflected in the amount of cash received in connection with the transaction. The primary risk with our repurchase agreements is the market risk associated with the investments securing the transactions, as we may be required to provide additional collateral based on fair value changes of the underlying investments. Securities pledged as collateral under repurchase agreements are maintained with our safekeeping agents. All of our repurchase agreements were overnight agreements at December 31, 2022 and December 31, 2021. These borrowings were collateralized with investment securities with a carrying value of $10.4 million and $15.8 million at December 31, 2022 and December 31, 2021, respectively, and were comprised of United States Government Agencies and Mortgage-backed securities. Declines in the value of the collateral would require us to increase the amounts of securities pledged. Information related to repurchase agreements is summarized as follows: (Dollars in thousands) 2022 2021 Balance at end of year $ 10,037 $ 11,385 Average balance during the year 10,987 10,821 Maximum month-end balance 12,680 11,398 Weighted-average rate during the year 0.05 % 0.12 % Weighted-average rate at December 31 0.06 % 0.05 % Subordinated Debt Information related to subordinated debt is summarized as follows: (Dollars in thousands) 2022 2021 Balance at end of year $ 73,286 $ 73,030 Average balance during the year 73,159 51,149 Maximum month-end balance 73,286 73,030 Weighted-average rate during the year 4.20 % 4.28 % Weighted-average rate at December 31 3.97 % 3.71 % In September 2021, we completed the private placement of $30 million fixed-to-floating rate subordinated notes to certain qualified institutional investors. These notes are unsecured and have a 10-year term, maturing October 1, 2031, and will bear interest at a fixed rate of 3.25%, payable semi-annually in arrears, for the first five years of the term. Thereafter, the interest rate will reset quarterly to an interest rate per annum equal to a benchmark rate, which is expected to be Three-Month Term SOFR, plus 254 basis points, payable quarterly in arrears. These notes have been structured to qualify as Tier 2 capital for regulatory capital purposes. In November 2020, we completed the private placement of $40 million fixed-to-floating rate subordinated notes to certain qualified institutional investors. These notes are unsecured and have a ten-year term, maturing December 1, 2030, and will bear interest at a fixed rate of 4.25%, payable semi-annually in arrears, for the first five years of the term. Thereafter, the interest rate will reset quarterly to an interest rate per annum equal to a benchmark rate, which is expected to be Three-Month Term SOFR, plus 401 basis points, payable quarterly in arrears. These notes have been structured to qualify as Tier 2 capital for regulatory capital purposes. In March 2007, we completed the private placement of $4 million Floating Rate, Trust Preferred Securities through our MVB Financial Statutory Trust I subsidiary (the “Trust”). We established the Trust for the sole purpose of issuing the Trust Preferred Securities pursuant to an Amended and Restated Declaration of Trust. The Trust Preferred Securities and the Debentures mature in 2037 and have been redeemable by us since 2012. Interest payments are due in March, June, September and December and are adjusted at the interest due dates at a rate of 1.62% over the three-month LIBOR Rate. The obligations we provide with respect to the issuance of the trust preferred securities constitute a full and unconditional guarantee by us of the Trust’s obligations with respect to the trust preferred securities to the extent set forth in the related guarantees. The securities issued by the Trust are includable for regulatory purposes as a component of our Tier 1 capital. We recognized interest expense on our subordinated debt of $3.1 million, $2.2 million and $0.3 million for the years ended December 31, 2022, 2021 and 2020, respectively. Senior term loan Information related to senior term loan is summarized as follows: (Dollars in thousands) 2022 2021 Balance at end of year $ 9,765 — Average balance during the year 2,328 — Maximum month-end balance 9,886 — Weighted-average rate during the year 7.00 % — Rate at December 31 7.44 % — In October 2022, we entered into a credit agreement with Raymond James Bank ("Raymond James"). Pursuant to the credit agreement, Raymond James has extended to us a senior term loan in the aggregate principal amount of up to $10 million. In connection with the closing of the Warp Speed transaction, we borrowed $10 million and paid Raymond James an upfront fee of 1% of the loan amount. The loan will bear interest per annum at a rate equal to 2.75%, plus term secured overnight financing rate, which will reset monthly. Accrued interest is payable on the last business day of each month, beginning with October 31, 2022, with the then outstanding principal balance of the loan payable on the last business day of each quarter in the amount of $125,000 during the first year and $250,000 thereafter. The loan will mature in April 2025, unless accelerated earlier upon an event of default.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Note 8 – Commitments and Contingent Liabilities Commitments We are a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of our customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the statements of financial condition. Our exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. We use the same credit policies in making commitments and conditional obligations as we do for on-balance-sheet instruments. 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. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. We evaluate each customer’s credit worthiness on a case-by-case basis. The amount and type of collateral obtained, if deemed necessary by us upon extension of credit, varies and is based on management’s credit evaluation of the customer. Standby letters of credit are conditional commitments issued by us to guarantee the performance of a customer to a third-party. Standby letters of credit generally have fixed expiration dates or other termination clauses and may require payment of a fee. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. Our policy for obtaining collateral, and the nature of such collateral, is substantially the same as that involved in making commitments to extend credit. Specifically, the Bank has entered into agreements to extend credit or provide conditional payments pursuant to standby and commercial letters of credit. In addition, the Bank utilizes letters of credit issued by the FHLB to collateralize certain public funds deposits. Total contractual amounts of the commitments as of December 31, were as follows: (Dollars in thousands) 2022 2021 Available on lines of credit $ 495,618 $ 384,923 Stand-by letters of credit 17,153 23,600 Other loan commitments 14,901 15,792 $ 527,672 $ 424,315 Concentration of Credit Risk We grant a majority of our commercial, financial, agricultural, real estate and installment loans to customers throughout the North Central West Virginia and Northern Virginia markets. Collateral for loans is primarily residential and commercial real estate, personal property and business equipment. We evaluate the credit worthiness of each of our customers on a case-by-case basis and the amount of collateral we obtain is based upon management’s credit evaluation. Regulatory We are required to maintain certain reserve balances on hand in accordance with the Federal Reserve Board requirements. In accordance with these requirements, we implemented a deposit reclassification program that allowed us to maintain no such reserve balances as of December 31, 2022 and 2021. Contingent Liabilities The Bank is involved in various legal actions arising in the ordinary course of business. In the opinion of management and counsel, the outcome of these matters will not have a significant adverse effect on the consolidated financial statements.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Note 9 – Income Taxes The provisions for income taxes for the years ended December 31, were as follows: (Dollars in thousands) 2022 2021 2020 Current: Federal $ 6,607 $ 3,332 $ 10,899 State 1,152 421 2,019 $ 7,759 $ 3,753 $ 12,918 Deferred: Federal $ (3,056) $ 5,159 $ (3,183) State (575) 970 (203) (3,631) 6,129 (3,386) Income tax expense $ 4,128 $ 9,882 $ 9,532 Following is a reconciliation of income taxes at federal statutory rates to recorded income taxes for the year ended December 31: 2022 2021 2020 (Dollars in thousands) Amount % Amount % Amount % Income tax at federal statutory rate $ 3,889 21.0 % $ 10,201 21.0 % $ 9,858 21.0 % Tax effect of: State income taxes, net of federal income taxes 456 2.5 % 1,099 2.2 % 1,435 3.1 % Tax exempt earnings (1,596) (8.6) % (1,460) (3.0) % (1,381) (3.0) % Other 1,379 7.4 % 42 0.1 % (380) (0.8) % $ 4,128 22.3 % $ 9,882 20.3 % $ 9,532 20.3 % Deferred income tax assets and liabilities were comprised of the following at December 31: (Dollars in thousands) 2022 2021 Gross deferred tax assets: Allowance for loan losses $ 5,849 $ 4,393 Minimum pension liability 991 1,245 Stock-based compensation 1,097 1,140 SERP 317 298 Unrealized loss on securities available-for-sale 11,024 — Lease liabilities 3,611 4,370 Other 364 249 Total gross deferred tax assets 23,253 11,695 Gross deferred tax liabilities: Depreciation (1,726) (1,556) Pension (1,062) (1,077) Unrealized gain on securities available-for-sale (80) (45) Holding gain on equity securities (3,969) (4,358) Equity method investment (2,220) (4,086) Goodwill (110) (70) Right-of-use assets (3,383) (4,141) Other (264) (288) Total gross deferred tax liabilities (12,814) (15,621) Net deferred tax assets (liabilities) $ 10,439 $ (3,926) Net deferred income tax assets and net deferred income tax liabilities were included in other assets and other liabilities, respectively, based on the ending balance.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Note 10 – Related Party Transactions We have granted loans to our officers and directors and to their immediate family members, as well as loans to related companies. These related party loans are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated parties and do not involve more than normal risk of collectability. Set forth below is a summary of the related loan activity. (Dollars in thousands) Balance at Beginning of Year Borrowings, net of participations Executive Officer and Director Retirements Repayments Balance at End of Year December 31, 2022 $ 27,606 $ 221,825 $ (998) $ (215,000) $ 33,433 December 31, 2021 $ 27,423 $ 4,373 $ (996) $ (3,194) $ 27,606 We held related party deposits of $112.5 million and $63.6 million at December 31, 2022 and December 31, 2021, respectively. On January 17, 2022, the MVB Bank Inc. Board of Directors approved a $35.0 million line of credit to BillGO, Inc. a related party of the Bank . Revenue generated during the year from contracts with BillGO, Inc. totaled $0.3 million at December 31, 2022 and December 31, 2021, respectively. In October 2022, we acquired an interest in Warp Speed and account for our ownership as an equity method investment, initially recorded at cost including costs incurred to obtain the equity method investment. As part of the purchase, we are able to designate two out of seven directors to the board of directors of Warp Speed. We purchase loan participations from CalCon Mutual Mortgage LLC, a subsidiary of Warp Speed. As of December 31, 2022, loans purchased from CalCon had an outstanding balance of $39.1 million. Interest income recognized on these participations was $0.9 million for the year ended December 31, 2022. We account for our ownership interest in ICM as an equity method investment and purchase loan participations from ICM. As of December 31, 2022, loans purchased from ICM had an outstanding balance of $572.7 million.

Pension Plan

Pension Plan	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Pension Plan	Note 11 – Pension Plan We participate in a trusteed pension plan known as the Allegheny Group Retirement Plan. Benefits are based on years of service and the employee’s compensation. Accruals under the plan were frozen as of May 31, 2014. Freezing the plan resulted in a remeasurement of the pension obligations and plan assets as of the freeze date. The pension obligation was remeasured using the discount rate based on the Citigroup Above Median Pension Discount Curve in effect on May 31, 2014 of 4.5%. In June 2017, we approved a Supplemental Executive Retirement Plan (the “SERP”), pursuant to which the Chief Executive Officer of Potomac Mortgage Group ("PMG") is entitled to receive certain supplemental nonqualified retirement benefits. The SERP took effect on December 31, 2017. As the executive completed three years of continuous employment with PMG prior to retirement date (which shall be no earlier than the date he attains age 55) he will, upon retirement, be entitled to receive $1.8 million payable in 180 equal consecutive monthly installments of $10 thousand. The liability is calculated by discounting the anticipated future cash flows at 4.0%. The liability accrued for this obligation was $1.3 million at December 31, 2022 and 2021, respectively. Service costs were not material for any periods covered by this report. Pension expense was $0.3 million, $0.3 million and $0.3 million in 2022, 2021 and 2020, respectively. Information pertaining to the activity in our defined benefit plan, using the latest available actuarial valuations with a measurement date of December 31, 2022 and 2021 is as follows: (Dollars in thousands) 2022 2021 Change in benefit obligation Benefit obligation at beginning of year $ 12,230 $ 12,715 Interest cost 341 313 Actuarial loss 160 143 Assumption changes (3,584) (649) Benefits paid (318) (292) Benefit obligation at end of year $ 8,829 $ 12,230 Change in plan assets: Fair value of plan assets at beginning of year $ 11,591 $ 7,096 Actual return (loss) on plan assets (1,990) 952 Employer contribution — 3,835 Benefits paid (318) (292) Fair value of plan assets at end of year $ 9,283 $ 11,591 Funded status $ 454 $ (639) Unrecognized net actuarial loss 4,120 5,314 Prepaid pension cost recognized $ 4,574 $ 4,675 Accumulated benefit obligation $ 8,829 $ 12,230 At December 31, 2022, 2021 and 2020, the weighted-average assumptions used to determine the benefit obligation are as follows: 2022 2021 2020 Discount rate 5.23 % 2.83 % 2.50 % Rate of compensation increase n/a n/a n/a The components of net periodic pension cost are as follows: (Dollars in thousands) 2022 2021 2020 Interest cost $ 341 $ 313 $ 365 Expected return on plan assets (669) (689) (438) Amortization of net actuarial loss 429 507 420 Net periodic pension cost $ 101 $ 131 $ 347 For the years December 31, 2022, 2021 and 2020, the weighted-average assumptions used to determine net periodic pension cost are as follows: 2022 2021 2020 Discount rate 5.23 % 2.83 % 2.50 % Expected long-term rate of return on plan assets 6.00 % 6.75 % 6.75 % Rate of compensation increase n/a n/a n/a Our pension plan asset allocations at December 31, 2022 and 2021 are as follows: 2022 2021 Plan Assets Cash 7 % 3 % Fixed income 28 % 25 % Alternative investments 13 % 29 % Domestic equities 26 % 25 % Foreign equities 22 % 18 % Real estate investment trusts 4 % — % Total 100 % 100 % The following table sets forth by level within the fair value hierarchy, as defined in Note 19 – Fair Value Measurements , the Pension Plan’s assets at fair value as of December 31, 2022: (Dollars in thousands) Level I Level II Level III Total Assets: Cash $ 650 $ — $ — $ 650 Fixed income 2,599 — — 2,599 Alternative investments — — 1,207 1,207 Domestic equities 2,414 — — 2,414 Foreign equities 2,042 — — 2,042 Total $ 7,705 $ — $ 1,207 $ 8,912 Investments reported at Net Asset Value 1 371 Total assets at fair value $ 9,283 1 Investments reported at Net Asset Value include Real Estate investment trusts. The following table sets forth by level, within the fair value hierarchy, as defined in Note 19 – Fair Value Measurements, the Pension Plan’s assets at fair value as of December 31, 2021: (Dollars in thousands) Level I Level II Level III Total Assets: Cash $ 348 $ — $ — $ 348 Fixed income 2,898 — — 2,898 Alternative investments — — 3,361 3,361 Domestic equities 2,898 — — 2,898 Foreign equities 2,086 — — 2,086 Total assets at fair value $ 8,230 $ — $ 3,361 $ 11,591 Investment in government securities, short-term investments, domestic equities and foreign equities are valued at the closing price reported on the active market on which the individual securities are traded. Alternative investments are valued at quoted prices, which are available but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. Real estate investment trusts are valued at the net asset value of the trust at the reporting date. The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while this plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. The following table includes our best estimate of the plan contribution for next fiscal year and the benefits expected to be paid in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter: (Dollars in thousands) Cash Flow Contributions for the period of January 1, 2023 through December 31, 2023 $ — Estimated future benefit payments reflecting expected future service 2023 $ 409 2024 $ 433 2025 $ 462 2026 $ 536 2027 $ 542 2028 through 2032 $ 2,801

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 12 – Goodwill and Other Intangible Assets The table below summarizes the changes in carrying amounts of goodwill and other intangibles, including core deposit intangibles, for the periods presented: Intangibles (Dollars in thousands) Goodwill Gross Accumulated Amortization Net Balance at January 1, 2022 $ 3,988 $ 3,820 $ (1,504) $ 2,316 Amortization expense — — (685) (685) Balance at December 31, 2022 $ 3,988 $ 3,820 $ (2,189) $ 1,631 Balance at January 1, 2021 $ 2,350 $ 3,941 $ (1,541) $ 2,400 Goodwill and intangibles resulting from Trabian acquisition 1,638 600 — 600 Reduction of intangibles from sale of branches to Summit — (721) 721 — Amortization expense — — (684) (684) Balance at December 31, 2021 $ 3,988 $ 3,820 $ (1,504) $ 2,316 Balance at January 1, 2020 $ 19,630 $ 4,226 $ (753) $ 3,473 Reduction of goodwill and intangibles from sale of branches to Summit (1,598) (845) 441 (404) Intangibles resulting from First State acquisition — 560 — 560 Reduction of goodwill from ICM transaction (16,882) — — — Goodwill resulting from Paladin acquisition 1,200 — — — Amortization expense — — (1,229) (1,229) Balance at December 31, 2020 $ 2,350 $ 3,941 $ (1,541) $ 2,400 Goodwill represents the excess of the purchase price over the fair value of acquired net assets under the acquisition method of accounting. The intangibles resulting from the Trabian acquisition are related to their customer relationships and trade name. These items are amortized over four years and 10 years, respectively. The intangibles resulting from the Chartwell acquisition are related to their customer relationships, backlog, a trademark and a non-competition agreement. These items are amortized over five years, 5.3 years, 15 years and four years, respectively. The table below presents estimated amortization expense for our other intangible assets (dollars in thousands): 2023 $ 592 2024 321 2025 100 2026 87 2027 87 Thereafter 444 $ 1,631 Our assessment of qualitative factors determined that it is not more likely than not that the fair value of each reporting unit is less than its carrying amount and therefore, goodwill is not impaired as of December 31, 2022 and 2021. We have not identified any triggering events since the impairment evaluation that would indicate potential impairment. Intangibles, including core deposit intangibles are evaluated for impairment if events and circumstances indicate a potential for impairment. Such an evaluation of other intangible assets is based on undiscounted cash flow projections. No impairment charges were recorded for other intangible assets in any of the periods presented.

Stock Offerings

Stock Offerings	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Stock Offerings	Note 13 – Stock Offerings In December 2020, we repurchased 536,490 shares of our common stock at a price of $20.25 per share via a modified “Dutch auction” tender offer. Additionally, our Board of Directors authorized the repurchase from time to time, on or before December 31, 2021, of up to $31.9 million of shares of our common stock as part of our stock repurchase program, which repurchases may occur from time to time, on the open market or otherwise, at such prices and upon such terms as we may determine and otherwise in accordance with applicable law. In December 2020, we issued a notice of redemption to redeem all of our outstanding shares of Convertible Noncumulative Perpetual Preferred Stock, Series B, par value $1.00 per share, with a liquidation preference of $1,000 per share (the “Series B Preferred Stock”) and all of our outstanding shares of Convertible Noncumulative Perpetual Preferred Stock, Series C, par value $1.00 per share, with a liquidation preference of $1,000 per share (the “Series C Preferred Stock,” together with the Series B Preferred Stock, referred to herein as the “Preferred Stock”), at a redemption price per share equal to $10,000, plus declared and unpaid dividends of $46.03 per share of Series B Preferred Stock, and $49.86 per share of Series C Preferred Stock, for the period from and including December 31, 2020, to but excluding January 28, 2021, the date of redemption (the “Preferred Stock Redemption”). The Preferred Stock Redemption is in accordance with the terms of our Articles of Incorporation, as amended. All outstanding shares of our preferred stock were redeemed in January 2021. In April 2021, the Bank entered into a Stock Purchase Agreement with Trabian, a leading software development firm servicing financial institutions. Pursuant to the agreement, a portion of the Bank's purchase consideration for Trabian included 17,597 unregistered shares of our common stock. In August 2021, the Bank entered into a Stock Purchase Agreement with Interchecks, a leading payment disbursement platform. Pursuant to the agreement, a portion of the Bank's purchase consideration for Interchecks included 107,928 unregistered shares of our common stock. In September 2021, the Bank issued 24,408 shares of unregistered common stock valued at $40.97 per share, totaling $1.0 million, pursuant to the Stock Purchase Agreement dated September 13, 2019 between the Bank and Chartwell. In December 2021, the Bank issued 23,558 shares of unregistered common stock valued at $42.45 per share, totaling $1.0 million, pursuant to the Stock Purchase Agreement dated September 13, 2019 between the Bank and Chartwell. In October 2022, we issued 313,030 shares of unregistered common stock valued at $30.60 per share, totaling $9.58 million, pursuant to the Equity Purchase Agreement dated March 13, 2022 between the Bank and Warp Speed. For more information regarding the Warp Speed Purchase Agreement, see Note 25 - Acquisitions and Divestitures.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Note 14 – Stock-Based Compensation The MVB Financial Corp. Incentive Stock Plan (the “Plan”) provides for the issuance of stock options, restricted stock awards and RSUs to selected employees and directors. On April 4, 2022, the Board of Directors adopted the MVB Financial Corp 2022 Incentive Plan (the “2022 Plan”), which was approved by the shareholders at the annual meeting dated, May 17, 2022. The 2022 Plan replaces the MVB Financial Corp. 2013 Stock Incentive Plan (the “2013 Plan”) and provides for 975,000 shares authorized for grant which includes the number of shares reserved for issuance under the 2013 Plan that remained available for grant thereunder as of the date of Board approval of the 2022 Plan. As of December 31, 2022, 951,868 shares remain available for issuance. Stock-Based Compensation Expense Stock-based compensation expense is recognized as salary and employee benefit cost based upon the fair value of the instruments on the date of the grant. The amount that we recognized in stock-based compensation expense related to the issuance of stock options and RSUs is presented in the following table: (Dollars in thousands) 2022 2021 2020 Stock Options $ 501 $ 832 $ 950 RSUs 2,299 1,802 1,403 Total stock-based compensation expense $ 2,800 $ 2,634 $ 2,353 Proceeds from stock options exercised were $2.1 million, $4.9 million and $4.5 million during 2022, 2021 and 2020, respectively. During 2022, 2021 and 2020, certain options were exercised in broker-assisted cashless transactions. Shares were forfeited related to exercise price and related tax obligations and we paid tax authorities amounts due resulting in a net cash outflow. Stock Options Under the provisions of the Plan, the option price per share shall not be less than the fair market value of the common stock on the grant date. Generally, options granted vest in five years and expire 10 years from the grant date. The following summarizes stock options as of and for the year ended December 31, 2022: 2022 Number of Shares Weighted-Average Exercise Price Outstanding at beginning of year 1,114,200 $ 15.86 Granted 14,350 39.15 Exercised 160,527 12.99 Forfeited 24,930 22.55 Expired 550 14.71 Outstanding at end of year 942,543 $ 16.53 Exercisable at end of year 782,116 $ 15.36 Weighted-average fair value of options granted during 2022 $ 14.94 Weighted-average fair value of options granted during 2021 $ 10.61 Weighted-average fair value of options granted during 2020 $ 4.48 The intrinsic value of options exercised during 2022, 2021 and 2020 was $3.5 million , $8.0 million and $1.9 million, respectively. The fair value for the options was estimated at the grant date using a Black-Scholes option-pricing model with the following inputs: 2022 2021 2020 Average risk-free interest rates 2.23 % 1.27 % 0.66 % Weighted-average life (years) 7 7 7 Expected volatility 41.2 % 41.2 % 30.9 % Expected dividend yield 1.58 % 1.08 % 2.20 % The following summarizes information related to the total outstanding and exercisable stock options at December 31, 2022: Options Outstanding Options Exercisable Total Options Weighted-Average Exercise Price Intrinsic Value (in millions) Weighted-Average Remaining Life Total Options Weighted-Average Exercise Price Intrinsic Value (in millions) Weighted-Average Remaining Life 942,543 $16.53 $5.7 4.38 782,116 $15.36 $5.3 3.87 At December 31, 2022, total unrecognized pre-tax compensation expense related to unvested stock options outstanding was $0.7 million. This cost is expected to be recognized over a weighted-average period of 2.9 years. For the year ended December 31, 2022, the fair value of stock options vested was $0.6 million. Restricted Stock Units Under the provisions of the Plan, RSUs are similar to restricted stock awards, except the recipient does not receive the stock immediately, but instead receives the stock according to a vesting plan and distribution schedule, after achieving required performance milestones or upon remaining with us for a particular length of time. Each RSU that vests entitles the recipient to receive one share of our common stock on a specified issuance date. The recipient does not have any stockholder rights, including voting, dividend or liquidation rights, with respect to the shares underlying awarded RSUs until the recipient becomes the record holder of those shares. We granted 95,723 RSUs in 2022, 53,070 of which were time-based awards and 42,653 of which were performance-based awards. Time-based RSUs granted in 2022 generally vest in five equal installments over a five-year period, with the exception of time-based grants to members of the Board of Directors, which vest over a one-year period. Performance-based RSUs vest in one installment at the end of three years, based on set criteria. A summary of the activity for our RSUs for the period indicated is presented in the following table: 2022 Shares Weighted-Average Grant Date Fair Value Balance at beginning of year 241,906 $ 21.46 Granted 95,723 38.04 Vested (75,354) 21.62 Forfeited (14,718) 26.16 Balance at end of year 247,557 $ 26.39 Weighted-average fair value of RSUs granted during 2022 $ 38.04 Weighted-average fair value of RSUs granted during 2021 $ 40.95 Weighted-average fair value of RSUs granted during 2020 $ 13.08 At December 31, 2022, based on RSU awards outstanding at that time, the total unrecognized pre-tax compensation expense related to unvested RSU awards was $3.7 million. This cost is expected to be recognized over a weighted-average period of 2.2 years. At December 31, 2022, the fair value of RSU awards vested during the year was $2.9 million. Subsidiary Equity Plan In December 2021, Victor's Board of Directors approved the Victor Technologies, Inc. 2021 Incentive Plan (the “2021 Victor LTI Plan”) which is an incentive plan denominated in Victor’s common shares. The 2021 Victor LTI Plan provides for the issuance of stock options, stock appreciation rights, restricted stock awards and restricted stock units to selected employees and directors. The maximum number of shares that may be issued under the 2021 Victor LTI Plan is 5.0 million shares. During 2022, Victor issued a total of 1.1 million options to employees and non-employees at an average exercise price of $0.29 per share. The options have a ten-year term and will vest over a three-year period, so long as the optionees remain employed by Victor. During 2022 , 299,961 shares vested at an average exercise price of $0.29.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Note 15 – Earnings Per Share We determine basic earnings per share (“EPS”) by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted EPS is determined by dividing net income available to common shareholders by the weighted-average number of shares outstanding, increased by both the number of shares that would be issued assuming the exercise of instruments under our incentive stock plan. For the years ended December 31, (Dollars in thousands except shares and per share data) 2022 2021 2020 Numerator for earnings per share: Net Income $ 14,387 $ 38,696 $ 37,411 Net loss attributable to noncontrolling interest 660 425 — Dividends on preferred stock — (35) (461) Net income available to common shareholders $ 15,047 $ 39,086 $ 36,950 Denominator: Weighted-average shares outstanding - basic 12,279,462 11,778,557 11,821,574 Effect of dilutive stock options and restricted stock units 591,272 835,063 266,532 Weighted-average shares outstanding - diluted 12,870,734 12,613,620 12,088,106 Earnings per common share - basic $ 1.23 $ 3.32 $ 3.13 Earnings per common share - diluted $ 1.17 $ 3.10 $ 3.06 Securities not included in the computation of diluted EPS because the effect would be antidilutive 113,427 93,895 646,168

Regulatory Capital Requirements

Regulatory Capital Requirements	12 Months Ended
	Dec. 31, 2022
Banking and Thrift, Other Disclosure [Abstract]
Regulatory Capital Requirements	Note 16 – Regulatory Capital Requirements We are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on our consolidated financial statements. The Bank is required to comply with applicable capital adequacy standards established by the federal banking agencies. West Virginia state chartered banks, such as the Bank, are subject to similar capital requirements adopted by the West Virginia Division of Financial Institutions. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios of capital. The optional community bank leverage ratio ("CBLR") framework, which is issued through interagency guidance, intends to provide a simple alternative measure of capital adequacy for electing qualifying depository institutions as directed under the EGRRCPA. Under the CBLR, if a qualifying depository institution elects to use such measure, such institutions will be considered well capitalized if its ratio of Tier 1 capital to average total consolidated assets (i.e., leverage ratio) exceeds a 9% threshold, subject to a limited two quarter grace period, during which the leverage ratio cannot go 100 basis points below the then applicable threshold, and will not be required to calculate and report risk-based capital ratios. As of December 31, 2022 and 2021, we and the Bank met all capital adequacy requirements to which they are subject. The most recent notification from the FDIC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain the minimum CBLR as set forth in the table below. Our actual capital amounts and ratio is presented in the table below. In April 2020, under the CARES Act, the 9% leverage ratio threshold was temporarily reduced to 8% in response to the COVID-19 pandemic. The threshold increased to 8.5% in 2021 and has returned to 9% in 2022. The Bank elected to begin using the CBLR for the first quarter of 2021 and intends to utilize this measure for the foreseeable future. Eligibility criteria to utilize the CBLR includes the following: ● Total assets of less than $10 billion; ● Total trading assets plus liabilities of 5% or less of consolidated assets; ● Total off-balance sheet exposures of 25% or less of consolidated assets; ● Cannot be an advanced approaches banking organization; and ● Leverage ratio greater than 9% or temporarily prescribed threshold established in response to COVID-19. Actual Minimum Capital Requirement Minimum to be Well Capitalized (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2022 Community Bank leverage ratio Subsidiary bank $ 307,936 9.8% $ 250,675 8.0% $ 282,010 9.0% As of December 31, 2021 Community Bank leverage ratio Subsidiary bank $ 321,282 11.6% $ 208,344 7.5% $ 236,123 8.5%

Regulatory Restriction on Divid

Regulatory Restriction on Dividends	12 Months Ended
	Dec. 31, 2022
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]
Regulatory Restriction on Dividends	Note 17 – Regulatory Restriction on Dividends The approval of the regulatory agencies is required if the total of all dividends declared by the Bank in any calendar year exceeds the Bank’s net profits, as defined, for that year combined with its retained net profits for the preceding two

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 18 – Fair Value of Financial Instruments The carrying values and estimated fair values of financial instruments are summarized as follows: Fair Value Measurements at: (Dollars in thousands) Carrying Value Estimated Fair Value Quoted Prices in Active Markets for Identical Assets (Level I) Significant Other Observable Inputs (Level II) Significant Unobservable Inputs (Level III) December 31, 2022 Financial Assets: Cash and cash equivalents $ 40,280 $ 40,280 $ 40,280 $ — $ — Securities available-for-sale 379,814 379,814 — 344,471 35,343 Equity securities 38,744 38,744 5,382 — 33,362 Loans held-for-sale 23,126 24,898 — 24,898 — Loans receivable, net 2,348,808 2,285,427 — — 2,285,427 Servicing assets 0 1,616 1,634 — — 1,634 Interest rate swap 8,427 8,427 — 8,427 — Accrued interest receivable 12,617 12,617 — 2,778 9,839 Bank-owned life insurance 43,239 43,239 — 43,239 — Embedded derivative 787 787 — — 787 Financial Liabilities: Deposits $ 2,570,482 $ 2,226,037 $ — $ 2,226,037 $ — Repurchase Agreements 10,037 10,037 — 10,037 — Fair value hedge 572 572 — 572 — Interest rate swap 8,427 8,427 — 8,427 — Accrued interest payable 2,558 2,558 — 2,558 — FHLB and other borrowings 102,333 102,006 — 102,006 — Senior term loan 9,765 9,765 — 9,765 — Subordinated Debt 73,286 64,330 — 64,330 — December 31, 2021 Financial assets: Cash and cash equivalents $ 307,437 $ 307,437 $ 307,437 $ — $ — Certificates of deposits with banks 2,719 2,738 — 2,738 — Securities available-for-sale 421,466 421,466 — 379,703 41,763 Equity securities 32,402 32,402 247 — 32,155 Loans 1,851,572 1,865,013 — — 1,865,013 Servicing rights 2,812 2,831 — — 2,831 Interest rate swap 6,702 6,702 — 6,702 — Fair value hedge 1,552 1,552 — 1,552 — Accrued interest receivable 7,860 7,860 — 2,402 5,458 Bank-owned life insurance 42,257 42,257 — 42,257 — Financial liabilities: Deposits $ 2,377,605 $ 2,338,868 $ — $ 2,338,868 $ — Repurchase agreements 11,385 11,385 — 11,385 — Fair value hedge 807 807 — 807 Interest rate swap 6,702 6,702 — 6,702 — Accrued interest payable 690 690 — 690 — Subordinated debt 73,030 74,774 — 74,774 —

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 19 – Fair Value Measurements Fair value estimates are made at a specific point in time, based on relevant market information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time our entire holdings of a particular financial instrument. Because no market exists for a significant portion of our financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on-and-off balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Assets Measured on a Recurring Basis As required by accounting standards, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The following measurements are made on a recurring basis. Available-for-sale investment securities — Available-for-sale investment securities are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level I securities include those traded on an active exchange, such as the New York Stock Exchange and money market funds. Level II securities include mortgage-backed securities issued by government sponsored entities and private label entities, municipal bonds, United States Treasury securities that are traded by dealers or brokers in inactive over-the-counter markets and corporate debt securities. There have been no changes in valuation techniques for the year ended December 31, 2022. Valuation techniques are consistent with techniques used in prior periods. Certain local municipal securities related to tax increment financing (“TIF”) are independently valued and classified as Level III instruments. We classified investments in government securities as Level II instruments and valued them using the market approach. Equity securities — Certain equity securities are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. The valuation methodologies utilized may include significant unobservable inputs. There have been no changes in valuation techniques for the year ended December 31, 2022. Valuation techniques are consistent with techniques used in prior periods. Interest rate swap — Interest rate swaps are recorded at fair value based on third-party vendors who compile prices from various sources and may determine fair value of identical or similar instruments by using pricing models that consider observable market data. Fair value hedge — Treated like an interest rate swap, fair value hedges are recorded at fair value based on third-party vendors who compile prices from various sources and may determine fair value of identical or similar instruments by using pricing models that consider observable market data. Bank-owned life insurance — Life insurance where the bank is both the policy beneficiary and owner. Bank-owned life insurance ("BOLI") is recorded at fair value on a recurring basis, and increases in cash surrender, contract value and net insurance proceeds at maturity are recorded as other income. Embedded derivatives — Accounted for and recorded separately from the underlying contract as a derivative at fair value on a recurring basis. Fair values are determined using the Monte Carlo model valuation technique. The valuation methodology utilized includes significant unobservable inputs. The following tables present the assets reported on the consolidated statements of financial condition at their fair value on a recurring basis as of December 31, 2022 and 2021 by level within the fair value hierarchy: December 31, 2022 (Dollars in thousands) Level I Level II Level III Total Assets: United States government agency securities $ — $ 44,814 $ — $ 44,814 United States sponsored mortgage-backed securities — 56,571 — 56,571 United States treasury securities — 120,909 — 120,909 Municipal securities — 103,293 35,343 138,636 Corporate debt securities — 10,560 — 10,560 Other securities — 824 — 824 Equity securities 5,382 — — 5,382 Loans held-for-sale — 24,898 — 24,898 Interest rate swap — 8,427 — 8,427 Bank-owned life insurance — 43,239 — 43,239 Embedded derivative — — 787 787 Liabilities: Interest rate swap — 8,427 — 8,427 Fair value hedge — 572 — 572 December 31, 2021 (Dollars in thousands) Level I Level II Level III Total Assets: United States government agency securities $ — $ 40,437 $ — $ 40,437 United States sponsored mortgage-backed securities — 76,108 — 76,108 United States treasury securities — 110,389 — 110,389 Municipal securities — 133,249 41,763 175,012 Corporate debt securities — 11,142 — 11,142 Other securities — 878 — 878 Equity securities 247 — — 247 Interest rate swap — 6,702 — 6,702 Fair value hedge — 1,552 — 1,552 Bank-owned life insurance — 42,257 — 42,257 Liabilities: Interest rate swap — 6,702 — 6,702 Fair value hedge — 807 — 807 The following table represents recurring Level III assets as of the periods shown: (Dollars in thousands) Municipal Securities Embedded Derivatives Total Balance at December 31, 2021 $ 41,763 $ — $ 41,763 Realized gains included in earnings 9 — 9 Purchase of securities 1,048 — 1,048 Maturities/calls (3,207) — (3,207) Unrealized loss included in other comprehensive loss (4,270) — (4,270) Host contract executed $ — $ 787 $ 787 Balance at December 31, 2022 $ 35,343 $ 787 $ 36,130 Balance at December 31, 2020 $ 43,679 $ — $ 43,679 Purchase of securities 3,862 — 3,862 Maturities/calls (5,214) — (5,214) Unrealized loss included in other comprehensive income (564) — (564) Balance at December 31, 2021 $ 41,763 $ — $ 41,763 Assets Measured on a Nonrecurring Basis We may be required, from time to time, to measure certain financial assets, financial liabilities, non-financial assets and non-financial liabilities at fair value on a nonrecurring basis in accordance with U.S. GAAP. These include assets that are measured at the lower of cost or market value that were recognized at fair value below cost at the end of the period. Certain non-financial assets measured at fair value on a non-recurring basis include foreclosed assets (upon initial recognition or subsequent impairment), non-financial assets and non-financial liabilities measured at fair value in the second step of a goodwill impairment test, and intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. Non-financial assets measured at fair value on a nonrecurring basis during 2022 and 2021 include certain foreclosed assets which, upon initial recognition, were remeasured and reported at fair value through a charge-off to the allowance for possible loan losses and certain foreclosed assets which, subsequent to their initial recognition, were remeasured at fair value through a write-down included in other noninterest expense. Impaired loans — Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment using one of several methods, including collateral value, liquidation value and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. Collateral values are estimated using Level II inputs based on observable market data or Level III inputs based on customized discounting criteria. For a majority of impaired real estate related loans, we obtain a current external appraisal. Other valuation techniques are used as well, including internal valuations, comparable property analysis and contractual sales information. Loans held-for-sale — The fair value of loans held-for-sale is determined, when possible, using quoted secondary-market prices or investor commitments. If no such quoted price exists, the fair value of a loan is determined using quoted prices for a similar asset or assets, adjusted for the specific attributes of that loan, which would be used by other market participants. If the fair value at the reporting date exceeds the amortized cost of a loan, the loan is reported at amortized cost. Other real estate owned — Other real estate owned, which is obtained through the Bank’s foreclosure process, is valued utilizing the appraised collateral value. Collateral values are estimated using Level II inputs based on observable market data or Level III inputs based on customized discounting criteria. At the time the foreclosure is completed, we obtain a current external appraisal. Other debt securities — Certain debt securities are recorded at fair value on a nonrecurring basis. These other debt securities are securities without a readily determinable fair value and are measured at cost minus impairment, if any, plus or minus any changes resulting from observable price changes in orderly transactions, as defined, for identical or similar investments of the same issuer. Equity securities — Certain equity securities are recorded at fair value on a nonrecurring basis. Equity securities without a readily determinable fair value are measured at cost minus impairment, if any, plus or minus any changes resulting from observable price changes in orderly transactions, as defined, for identical or similar investments of the same issuer. Assets measured at fair value on a nonrecurring basis as of December 31, 2022 and 2021 are included in the table below: December 31, 2022 (Dollars in thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 14,117 $ 14,117 Other real estate owned — — 1,194 1,194 Other debt securities — — 7,500 7,500 Equity securities — — 33,362 33,362 December 31, 2021 (Dollars in thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 21,980 $ 21,980 Other real estate owned — — 2,330 2,330 Other debt securities — — 7,500 7,500 Equity securities — — 32,155 32,155 The following tables presents quantitative information about the Level III significant unobservable inputs for assets and liabilities measured at fair value at December 31, 2022 and 2021: Quantitative Information about Level III Fair Value Measurements (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2022 Nonrecurring measurements: Impaired loans $ 14,117 Appraisal of collateral 1 Appraisal adjustments 2 0% - 20% Liquidation expense 2 6% Other real estate owned $ 1,194 Appraisal of collateral 1 Appraisal adjustments 2 0% - 20% Liquidation expense 2 6% Other debt securities $ 7,500 Net asset value Cost minus impairment 0% Equity securities $ 33,362 Net asset value Cost minus impairment 0% Recurring measurements: Municipal securities 5 $ 35,343 Appraisal of bond 3 Bond appraisal adjustment 4 5% - 15% Embedded Derivatives $ 787 Monte Carlo pricing model Deferred payment $0 - $51.9 million Volatility 58% Term 5 years Risk free rate 3.95% Quantitative Information about Level III Fair Value Measurements (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2021 Nonrecurring measurements: Impaired loans $ 21,980 Appraisal of collateral 1 Appraisal adjustments 2 10% - 20% Liquidation expense 2 5% - 10% Other real estate owned $ 2,330 Appraisal of collateral 1 Appraisal adjustments 2 10% - 20% Liquidation expense 2 5% - 10% Other debt securities $ 7,500 Net asset value Cost minus impairment 0% Equity securities $ 32,155 Net asset value Cost minus impairment 0% Recurring measurements: Municipal securities 5 $ 41,763 Appraisal of bond 3 Bond appraisal adjustment 4 1% - 20% 1 Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level III inputs which are not identifiable. 2 Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted-average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. 3 Fair value determined through independent analysis of liquidity, rating, yield and duration. 4 Appraisals may be adjusted for qualitative factors, such as local economic conditions, liquidity, marketability and legal structure. 5 Municipal securities classified as Level III instruments are comprised of TIF bonds related to certain local municipal securities.

Comprehensive Income

Comprehensive Income	12 Months Ended
	Dec. 31, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Comprehensive Income	Note 20 – Comprehensive Income The following tables present the components of accumulated other comprehensive income (“AOCI”) for the years ended December 31: (Dollars in thousands) 2022 2021 2020 Details about AOCI Components Amount Reclassified from AOCI Amount Reclassified from AOCI Amount Reclassified from AOCI Consolidated Statement of Income Line Item Available-for-sale securities Unrealized holding gain $ 650 $ 3,875 $ 914 Gain on sale of available-for-sale securities 650 3,875 914 Total before tax (152) (908) (214) Income tax expense 498 2,967 700 Net of tax Defined benefit pension plan items Amortization of net actuarial loss (429) (507) (420) Salaries and employee benefits (429) (507) (420) Total before tax 103 119 98 Income tax benefit (326) (388) (322) Net of tax Investment hedge Carrying value adjustment 83 (862) 473 Interest on investment securities 83 (862) 473 Total before tax (21) 233 (128) Income tax benefit (expense) 62 (629) 345 Net of tax Total reclassifications $ 234 $ 1,950 $ 723 (Dollars in thousands) Unrealized gains (losses) on available for-sale securities Defined benefit pension plan items Investment Hedge Total Balance at January 1, 2022 $ 147 $ (4,069) $ 316 $ (3,606) Other comprehensive income (loss) before reclassification (34,478) 614 — (33,864) Amounts reclassified from AOCI (498) 326 (62) (234) Net current period OCI (34,976) 940 (62) (34,098) Balance at December 31, 2022 $ (34,829) $ (3,129) $ 254 $ (37,704) Balance at January 1, 2021 $ 7,586 $ (5,047) $ (313) $ 2,226 Other comprehensive income (loss) before reclassification (4,472) 590 — (3,882) Amounts reclassified from AOCI (2,967) 388 629 (1,950) Net current period OCI (7,439) 978 629 (5,832) Balance at December 31, 2021 $ 147 $ (4,069) $ 316 $ (3,606)

Condensed Financial Statements

Condensed Financial Statements of Parent Company	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Condensed Financial Statements of Parent Company	Note 21 – Condensed Financial Statements of Parent Company Information relative to the parent company’s condensed balance sheets at December 31, 2022 and 2021 and the related condensed statements of income and cash flows for the years ended December 31, 2022, 2021 and 2020 are presented below: Condensed Balance Sheets December 31, (Dollars in thousands) 2022 2021 Assets Cash $ 31,085 $ 27,463 Investment in subsidiaries 277,173 322,002 Debt and equity securities 4,904 — Equity method investments 50,976 — Other assets 11,033 13,715 Total assets $ 375,171 $ 363,180 Liabilities and stockholders’ equity Other liabilities $ 31,036 $ 15,822 Senior term loan 9,765 — Subordinated debt 73,286 73,030 Total liabilities 114,087 88,852 Total stockholders’ equity 261,084 274,328 Total liabilities and stockholders’ equity $ 375,171 $ 363,180 Condensed Statements of Income Year ended December 31, (Dollars in thousands) 2022 2021 2020 Income, dividends from the Bank $ 50,985 $ 19,165 $ 6,688 Operating expenses 27,774 22,458 16,804 Income (loss), before income taxes 23,211 (3,293) (10,116) Income tax benefit (3,450) (2,090) (2,082) Net income (loss) 26,661 (1,203) (8,034) Equity in undistributed income earnings of subsidiaries (11,614) 40,324 45,445 Net income $ 15,047 $ 39,121 $ 37,411 Preferred dividends $ — $ 35 $ 461 Net income available to common shareholders $ 15,047 $ 39,086 $ 36,950 Condensed Statements of Cash Flows (Dollars in thousands) 2022 2021 2020 OPERATING ACTIVITIES Net income $ 15,047 $ 39,121 $ 37,411 Equity in undistributed earnings of subsidiaries 11,614 (40,324) (45,445) Stock-based compensation 3,217 3,208 2,278 Depreciation and amortization 269 175 12 Other assets (45,406) (6,849) (2,101) Other liabilities 16,358 11,215 1,755 Net cash from operating activities 1,099 6,546 (6,090) INVESTING ACTIVITIES Investment in subsidiaries (240) (15,871) (3,713) Net cash from investing activities (240) (15,871) (3,713) FINANCING ACTIVITIES Proceeds from stock issuance — — 240 Issuance of senior term loan, net of issuance costs 9,877 — — Issuance of subordinated debt, net of issuance costs — 29,448 40,000 Common stock repurchased — — (15,657) Preferred stock redemption — (7,334) — Common stock options exercised 1,399 4,930 4,464 Withholding cash issued in lieu of restricted stock — (249) — Issuance of subsidiary membership units — 500 — Principal payments on senior term loan (125) — — Stock purchase from noncontrolling interest (33) — — Cash dividends paid on common stock (8,355) (6,038) (4,275) Cash dividends paid on preferred stock — (35) (461) Net cash from financing activities 2,763 21,222 24,311 Net change in cash 3,622 11,897 14,508 Cash at beginning of period 27,463 15,566 1,058 Cash at end of period $ 31,085 $ 27,463 $ 15,566

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Reporting	Note 22 – Segment Reporting We have identified five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures; and financial holding company. Revenue from CoRe banking activities consists primarily of interest earned on loans and investment securities and service charges on deposit accounts. Our Fintech division is included in the CoRe banking segment. Revenue from our mortgage banking segment is primarily comprised of our share of net income or loss from mortgage banking activities of our equity method investments in ICM and Warp Speed. As we have elected to record our proportionate share of earnings of Warp Speed on three month lag, results of Warp Speed are not included in the tables below. Professional services is the aggregate of Chartwell, Trabian and Paladin Fraud. Revenue from these operating segments is made up of primarily of professional consulting income to banks and Fintech companies. Edge Ventures is the aggregate of Victor, MVB Technology, Flexia and the Edge Ventures holding company. Information about the reportable segments and reconciliation to the consolidated financial statements for the years ended December 31, 2022, 2021 and 2020 are as follows: 2022 (Dollars in thousands) CoRe Banking Mortgage Banking Professional Services Edge Ventures Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 125,426 $ 429 $ — $ — $ 146 $ (44) $ 125,957 Interest expense $ 10,920 $ — $ 39 $ 5 $ 3,234 $ (44) $ 14,154 Net interest income (expense) $ 114,506 $ 429 $ (39) $ (5) $ (3,088) $ — $ 111,803 Provision for loan losses $ 14,194 $ — $ — $ — $ — $ — $ 14,194 Net interest income (expense) after provision for loan losses $ 100,312 $ 429 $ (39) $ (5) $ (3,088) $ — $ 97,609 Noninterest income $ 22,673 $ 37 $ 22,812 $ 459 $ 10,576 $ (18,263) $ 38,294 Noninterest Expenses: Salaries and employee benefits $ 36,960 $ 8 $ 15,276 $ 3,336 $ 16,582 $ — $ 72,162 Other expenses $ 44,873 $ 142 $ 5,233 $ 5,192 $ 8,049 $ (18,263) $ 45,226 Total noninterest expenses $ 81,833 $ 150 $ 20,509 $ 8,528 $ 24,631 $ (18,263) $ 117,388 Income (loss) before income taxes $ 41,152 $ 316 $ 2,264 $ (8,074) $ (17,143) $ — $ 18,515 Income taxes $ 8,882 $ 77 $ 567 $ (1,926) $ (3,472) $ — $ 4,128 Net income (loss) $ 32,270 $ 239 $ 1,697 $ (6,148) $ (13,671) $ — $ 14,387 Net loss attributable to noncontrolling interest $ — $ — $ 207 $ 453 $ — $ — $ 660 Net income (loss) available to common shareholders $ 32,270 $ 239 $ 1,904 $ (5,695) $ (13,671) $ — $ 15,047 Capital expenditures for the year ended December 31, 2022 $ 400 $ — $ 26 $ 2,202 $ 413 $ — $ 3,041 Total assets as of December 31, 2022 $ 3,014,475 $ 34,248 14,817 12,258 $ 375,171 $ (382,119) $ 3,068,850 Goodwill as of December 31, 2022 $ — $ — 3,988 $ — $ — $ — $ 3,988 2021 (Dollars in thousands) CoRe Banking Mortgage Banking Professional Services Edge Ventures Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 83,023 $ 411 $ (8) $ — $ 15 $ (12) $ 83,429 Interest expense $ 4,078 $ — $ 16 $ — $ 2,188 $ (12) $ 6,270 Net interest income (expense) $ 78,945 $ 411 $ (24) $ — $ (2,173) $ — $ 77,159 Provision for loan losses $ (6,274) $ (1) $ — $ — $ — $ — $ (6,275) Net interest income (expense) after provision for loan losses $ 85,219 $ 412 $ (24) $ — $ (2,173) $ — $ 83,434 Noninterest income $ 33,179 $ 16,342 $ 14,931 $ 71 $ 11,103 $ (13,030) $ 62,596 Noninterest Expenses: Salaries and employee benefits $ 33,595 $ — $ 10,949 $ 1,962 $ 13,704 $ — $ 60,210 Other expenses $ 37,033 $ 16 $ 4,095 $ 2,555 $ 6,573 $ (13,030) $ 37,242 Total noninterest expenses $ 70,628 $ 16 $ 15,044 $ 4,517 $ 20,277 $ (13,030) $ 97,452 Income (loss) before income taxes $ 47,770 $ 16,738 $ (137) $ (4,446) $ (11,347) $ — $ 48,578 Income taxes $ 9,154 $ 4,068 $ (105) $ (1,144) $ (2,091) $ — $ 9,882 Net income (loss) $ 38,616 $ 12,670 $ (32) $ (3,302) $ (9,256) $ — $ 38,696 Net loss attributable to noncontrolling interest $ — $ — $ 210 $ 215 $ — $ — $ 425 Net income (loss) attributable to parent $ 38,616 $ 12,670 $ 178 $ (3,087) $ (9,256) $ — $ 39,121 Preferred stock dividends $ — $ — $ — $ — $ 35 $ — $ 35 Net income (loss) available to common shareholders $ 38,616 $ 12,670 $ 178 $ (3,087) $ (9,291) $ — $ 39,086 Capital expenditures for the year ended December 31, 2021 $ 2,590 $ — $ 2,731 $ — $ 43 $ — $ 5,364 Total assets as of December 31, 2021 $ 2,804,840 $ 50,202 $ 13,210 $ 9,914 $ 363,971 $ (449,688) $ 2,792,449 Goodwill as of December 31, 2021 $ — $ — $ 3,988 $ — $ — $ — $ 3,988 2020 (Dollars in thousands) CoRe Banking Mortgage Banking Professional Services Edge Ventures Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 75,812 $ 6,269 $ — $ — $ 3 $ (1,631) $ 80,453 Interest expense $ 10,400 $ 3,139 $ — $ — $ 261 $ (2,173) $ 11,627 Net interest income (expense) $ 65,412 $ 3,130 $ — $ — $ (258) $ 542 $ 68,826 Provision for loan losses $ 16,649 $ (70) $ — $ — $ — $ — $ 16,579 Net interest income (expense) after provision for loan losses $ 48,763 $ 3,200 $ — $ — $ (258) $ 542 $ 52,247 Noninterest income $ 24,420 $ 63,490 $ 5,909 $ — $ 6,685 $ (8,667) $ 91,837 Noninterest Expenses: Salaries and employee benefits $ 25,808 $ 21,550 $ 2,993 $ — $ 11,278 $ — $ 61,629 Other expenses $ 31,389 $ 5,074 $ 1,909 $ — $ 5,265 $ (8,125) $ 35,512 Total noninterest expenses $ 57,197 $ 26,624 $ 4,902 $ — $ 16,543 $ (8,125) $ 97,141 Income (loss) before income taxes $ 15,986 $ 40,066 $ 1,007 $ — $ (10,116) $ — $ 46,943 Income taxes $ 1,479 $ 9,862 $ 273 $ — $ (2,082) $ — $ 9,532 Net income (loss) attributable to parent $ 14,507 $ 30,204 $ 734 $ — $ (8,034) $ — $ 37,411 Preferred stock dividends $ — $ — $ — $ — $ 461 $ — $ 461 Net income (loss) available to common shareholders $ 14,507 $ 30,204 $ 734 $ — $ (8,495) $ — $ 36,950 Capital expenditures for the year ended December 31, 2020 $ 6,439 $ 99 $ — $ — $ 77 $ — $ 6,615

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	Note 23 – Quarterly Financial Data (Unaudited) Earnings Per Share (Dollars in thousands) Interest Income Net Interest Income Income Before Taxes Net Income Basic Diluted 2022 First quarter $ 23,262 $ 21,848 $ 3,576 $ 2,864 $ 0.24 $ 0.22 Second quarter 28,090 26,660 3,650 2,956 0.24 0.23 Third quarter 33,903 29,846 2,952 2,718 0.22 0.21 Fourth quarter 40,702 33,449 8,337 6,509 0.52 0.50 Earnings Per Share (Dollars in thousands) Interest Income Net Interest Income Income Before Taxes Net Income Basic Diluted 2021 First quarter $ 19,063 $ 17,505 $ 10,227 $ 8,085 $ 0.70 $ 0.66 Second quarter 20,833 19,055 10,836 9,247 0.79 0.73 Third quarter 20,484 19,096 14,838 11,828 1.00 0.92 Fourth quarter 23,049 21,503 12,675 9,959 0.83 0.77

Acquisitions and Divestitures

Acquisitions and Divestitures	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions and Divestitures	Note 25 – Acquisitions and Divestitures Warp Speed Holdings, LLC In March 2022, the Bank entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Warp Speed, pursuant to which the Bank agreed to purchase certain common units of Warp Speed in an amount equal to 37.5% of the outstanding equity interests of Warp Speed, on a fully-diluted basis. In April 2022, we assumed the Bank's obligations under the Purchase Agreement. Effective October 1, 2022, we completed the purchase with $38.4 million in cash, plus 313,030 shares of newly-issued common stock of MVB, with an aggregate value of $9.6 million, based on the volume-weighted average closing price for shares of MVB common stock for the 20 trading days ending the day prior to closing. We account for our ownership in Warp Speed as an equity method investment, the balance of which was $49.4 million as of December 31, 2022. In accordance with ASC Topic 323 Investments - Equity Method and Joint Ventures , we have made an election to record our share of the results of operations of Warp Speed on a three-month lag. Accordingly, the transaction will not impact our consolidated statements of income until the first quarter of 2023. Integrated Financial Holdings, LLC In August 2022, we entered into the Merger Agreement with IFH. Pursuant to the Merger Agreement, IFH will merge with and into MVB, with MVB continuing as the surviving corporation. Under the terms of the merger agreement, IFH shareholders will receive 1.21 shares of MVB common stock for each share of IFH common stock. The value of the merger consideration to be paid by MVB in shares of MVB common stock upon the completion of the merger will be determined based on the closing price of MVB common stock on the closing date and the number of issued and outstanding shares of IFH common stock immediately prior to the closing. Following the merger, West Town Bank & Trust, a state bank chartered under the laws of Illinois and wholly-owned subsidiary of IFH, may, upon the direction of MVB, merge with and into the Bank, with the Bank as the surviving bank. In January 2023, the Merger Agreement was approved by the board of directors and shareholders of MVB and IFH. We are awaiting required regulatory approvals in order to execute the Merger. Flexia Payments, LLC In February 2021, the Bank entered into an agreement to acquire an 80.0% interest in Flexia. The Bank invested approximately $2.5 million for the 80.0% interest. At the time of acquisition, Flexia had no assets or liabilities. Soon after the Bank's investment, Flexia purchased a license for technology that allows users to access a reloadable account that combines a debit card account and casino gaming accounts into one card and to utilize them for non-cash transactions at participating casinos, for approximately $1.0 million for exclusive use in the United States and Canada. On the acquisition date, $0.5 million was recorded on the consolidated balance sheet for the 20.0% noncontrolling interest. Trabian Technology, Inc. In April 2021, the Bank entered into a Stock Purchase Agreement with Trabian, a leading software development firm servicing financial institutions. Pursuant to the agreement, the Bank invested approximately $1.6 million, including unregistered shares of MVB common stock, for the 80.0% interest. At the time of acquisition, Trabian had assets totaling $0.8 million and liabilities totaling $0.7 million. As a result of the transaction, the Bank recorded goodwill of $1.6 million and intangible assets related to Trabian's customer relationships and trade name totaling $0.6 million. On the acquisition date, $0.4 million was recorded on the consolidated balance sheet for the 20.0% noncontrolling interest. Sale of Southern Market, WV Banking Centers

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Note 26 – Subsequent Events In January 2023, we held a Special Meeting of Shareholders (the “Special Meeting”). At the Special Meeting, our shareholders approved an amendment to our articles of incorporation to effect an increase in the number of authorized shares of common stock from 20,000,000 to 40,000,000. Our articles of incorporation were amended to reflect the approval. On February 28, 2023, we completed the sale of the Bank's wholly-owned subsidiary, Chartwell, for a purchase price of $14.4 million.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The financial statements are consolidated to include the accounts of MVB and its subsidiaries, including the Bank and the Bank’s subsidiaries. In our opinion, the accompanying consolidated financial statements contain all normal recurring adjustments necessary for a fair presentation of our financial statements for interim periods in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) as presented through the FASB's Accounting Standards Codification ("ASC") the and with rules and interpretive guidance of the SEC. All significant intercompany accounts and transactions have been eliminated in consolidated financial statements. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been omitted. Wholly-owned investments or investments in which we have a controlling financial interest, whether majority owned or in certain circumstances a minority interest, are required to be consolidated into our financial statements. We evaluate investments in entities on an ongoing basis to determine the need to consolidate. The Bank owns controlling interests in Flexia, Trabian and MVB Technology. We own an 80.0% interest in Flexia, an 80.8% interest in Trabian and a 93.4% interest in MVB Technology. Accordingly, we are required to consolidate 100% of each entity within the consolidated financial statements. The remaining interests of these entities are accounted for separately as noncontrolling interests within our consolidated financial statements. Noncontrolling interest represents the portion of ownership and profit or loss that is attributable to the minority owners of these entities. Unconsolidated investments where we have the ability to exercise significant influence over the operating and financial policies of the respective investee are accounted for using the equity method of accounting. Those investments that are not consolidated or accounted for using the equity method of accounting are accounted for under cost or fair value accounting. For investments accounted for under the equity method, we record our investment in non-consolidated affiliates and the portion of income or loss in equity in earnings of non-consolidated affiliates. We periodically evaluate these investments for impairment. As of December 31, 2022, we hold three equity method investments.
Reclassifications	In certain instances, amounts reported in prior periods’ consolidated financial statements have been reclassified to conform to the current presentation.
Subsequent Events	We have evaluated subsequent events for potential recognition and/or disclosure through the date these consolidated financial statements were issued.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash equivalents include cash on hand, deposits in banks and interest-earning deposits. Interest-earning deposits with original maturities of 90 days or less are considered cash equivalents. Net cash flows are reported for loans, deposits and short-term borrowing transactions.
Investment Securities	Investment Securities Investment securities at the time of purchase are classified as one of the following: Available-for-Sale Securities - Includes debt that will be held for indefinite periods of time. These securities may be sold in response to changes in market interest or prepayment rates, needs for liquidity and changes in the availability of and yield of alternative investments. Such securities are reported at fair value, with unrealized holding gains and losses excluded from earnings and reported as a separate component of stockholders’ equity, net of estimated income tax effect. The income tax effect is released when the securities are sold. Equity Securities - Includes equity securities that are adjusted to fair value on a monthly basis, with the change in value recorded directly on the income statement. We have elected to measure the equity securities without readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes for underlying transactions for identical or similar investments of new issues. The amortized cost of investment in debt securities is adjusted for amortization of premiums and accretion of discounts, computed by a method that results in a level yield. Gains and losses on the sale of investment securities are computed on the basis of specific identification of the adjusted cost of each security. Securities are periodically reviewed for other-than-temporary impairment. For debt securities, management considers whether the present value of future cash flows expected to be collected are less than the security’s amortized cost basis (the difference defined as the credit loss), the magnitude and duration of the decline, the reasons underlying the decline and our intent to sell the security or whether it is more likely than not that we would be required to sell the security before its anticipated recovery in market value, to determine whether the loss in value is other than temporary. If a decline in value is determined to be other than temporary, if we do not intend to sell the security, and it is more-likely-than-not that we will not be required to sell the security before recovery of the security’s amortized cost basis, the charge to earnings is limited to the amount of credit loss. Any remaining difference between fair value and amortized cost (the difference defined as the non-credit portion) is recognized in other comprehensive income, net of applicable taxes. A decline in value that is considered to be other-than-temporary is recorded as a loss within noninterest income in the consolidated statement of income. The Bank is a member of the Federal Home Loan Bank (“FHLB”) of Pittsburgh, and as such, is required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. As of December 31, 2022 and 2021, the Bank holds $10.0 million and $1.8 million of stock, respectively, which is included in accrued interest receivable and other assets. The stock is bought from and sold to the FHLB based upon its $100 per share par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated by management for impairment. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (i) a significant decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted; (ii) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance; (iii) the impact of legislative and regulatory changes on the customer base of the FHLB; and (iv) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. Management considered that the FHLB’s regulatory capital ratios have improved in the most recent quarters, no issues of liquidity are evident, new shares of FHLB stock continue to trade at the $100 per share par value and the FHLB has repurchased shares of excess capital stock from its members during 2022 and 2021.
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses Loans are stated at the amount of unpaid principal reduced by an allowance for loan losses. Loans are considered non-accrual when scheduled principal or interest payments are 90 days past due. Interest income on loans is recognized on an accrual basis. The allowance for loan losses is maintained at a level deemed adequate to absorb probable losses inherent in the loan portfolio. We consistently apply a quarterly loan review process to continually evaluate loans for changes in credit risk. This process serves as the primary means by which we evaluate the adequacy of the allowance for loan losses, and is based upon periodic review of the collectability of loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are impaired. The general component covers all loans that are not impaired, and is based upon historical loss experience adjusted for qualitative factors. We allocate the allowance based on the factors described below, which conform to our loan classification policy. In reviewing risk within the loan portfolio, management has determined there to be several different risk categories within the loan portfolio. The allowance for loan losses consists of amounts applicable to: (i) residential real estate loans; (ii) commercial and commercial real estate secured loans; (iii) home equity loans; and (iv) consumer and other loans. Factors considered in this process include general loan terms, collateral and availability of historical data to support the analysis. Historical loss percentages for each loan category are calculated and used as the basis for calculating allowance allocations. Certain qualitative factors are evaluated to determine additional inherent risks in the loan portfolio, which are not necessarily reflected in the historical loss percentages. These factors are then added to the historical allocation percentages to get the adjusted factor to be applied to non-classified loans on a weighted basis, by risk grade. The following qualitative factors are analyzed: l Lending policies and procedures l Nature and volume of the portfolio l Experience and ability of lending management and staff l Volume and severity of problem credits l Quality of the loan review system l Conclusions of loan reviews, audits and exams l National, state, regional and local economic trends and business conditions l General economic conditions l Unemployment rates l Inflation / Consumer Price Index l Value of underlying collateral l Existence and effect of any credit concentrations l Consumer sentiment l Other external factors We analyze our loan portfolio each quarter to determine the appropriateness of our allowance for loan losses. A loan that has deteriorated and requires additional collection efforts by the Bank could warrant non-accrual status. A thorough review is presented to the Chief Credit Officer and/or the Special Assets Review Committee (“SARC”), as required with respect to any loan which is in a collection process and to make a determination as to whether the loan should be placed on non-accrual status. The placement of loans on non-accrual status is subject to applicable regulatory restrictions and guidelines. Generally, loans should be placed in non-accrual status when the loan reaches 90 days past due, when it becomes likely the borrower cannot or will not make scheduled principal or interest payments, when full repayment of principal and interest is not expected, or when the loan displays potential loss characteristics. Normally, all accrued interest is charged off when a loan is placed in non-accrual status, unless Management believes it is likely the accrued interest will be collected. Any payments subsequently received are applied to principal. To remove a loan from non-accrual status, all principal and interest due must be paid up to date and the Bank is reasonably sure of future satisfactory payment performance. Usually, this requires a six-month recent history of payments due. Removal of a loan from non-accrual status will require the approval of the Chief Credit Officer and/or SARC. Loans are considered to be impaired when, based on current information and events, it is probable that we will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in evaluating impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. We also separately evaluate individual consumer loans for impairment. Loans are identified individually by monitoring the delinquency status of the Bank’s portfolio. Once identified, the Bank’s ongoing communications with the borrower allow evaluation of the significance of the payment delays and the circumstances surrounding the loan and the borrower. Once the determination has been made that a loan is impaired, the amount of the impairment is measured using one of three valuation methods: (i) the present value of expected future cash flows discounted at the loan’s effective interest rate; (ii) the loan’s observable market price; or (iii) the fair value of the collateral less selling costs. The method is selected on a loan-by-loan basis, with management primarily utilizing the fair value of collateral method. The evaluation of the need and amount of a specific allocation of the allowance and whether a loan can be removed from impairment status is made on a quarterly basis. We defer loan origination and commitment fees and direct loan origination costs and the net amount is amortized as an adjustment of the related loan’s yield.
Troubled Debt Restructurings	Troubled Debt Restructurings A restructuring of debt constitutes a troubled debt restructuring (“TDR”) if the creditor for economic or legal reasons related to the debtor’s financial difficulties grants a concession to the debtor that it would not otherwise consider. Concessions may include interest rate reductions or below market interest rates, principal forgiveness, restructuring amortization schedules and other actions intended to minimize potential losses. The determination of whether a concession has been granted includes an evaluation of the debtor’s ability to access funds at a market rate for debt with similar risk characteristics and among other things, the significance of the modification relative to unpaid principal or collateral value of the debt and/or the significance of a delay in the timing of payments relative to the frequency of payments, original maturity date or the expected duration of the loan. The most common concessions granted generally include one or more modifications to the terms of the debt such as a reduction in the interest rate for the remaining life of the debt, an extension of the maturity date at an interest rate lower than the current market rate for new debt with similar risk, or reduction of the unpaid principal or interest. All TDRs are considered impaired loans.
Premises and Equipment	Premises and Equipment Premises and equipment are carried at cost, less accumulated depreciation, while land is carried at cost. Depreciation expense is computed by the straight-line-method based on the estimated useful lives of assets, which range from seven three
Software Development	Software Development Software that we develop for internal use may be capitalized when costs are incurred after the preliminary project stage has ended and the application development stage begins. The application development stage includes designing, coding, installing and testing the software. Once the software has been implemented, costs for training and maintenance are expensed as incurred. Capitalized internal use software development costs are included in premises and equipment in the accompanying consolidated balance sheets.
Bank-Owned Life Insurance	Bank-Owned Life Insurance Bank-owned life insurance represents life insurance on the lives of certain of our employees who have provided positive consent allowing us to be the beneficiary of such policies. These policies are recorded at their cash surrender value or the amount that can be realized upon surrender of the policy. Income from these policies is not subject to income taxes and is recorded as noninterest income.
Equity Method Investments	Equity Method Investments Investments in companies in which we have significant influence over the operating and financing decisions are accounted for using the equity method of accounting. Determining if we have significant influence requires judgement based on the facts and circumstances of each investment including level of ownership, legal structure and other qualitative factors which impact our ability to influence the investee's operations, and we review the facts and circumstances each reporting period to determine if we still have significant influence. Equity method investments are recorded initially at cost including costs to acquire the investment. These investments are included in the equity method investments line item on the consolidated balance sheets. We recognize our proportionate share of the investee's profits and losses in the equity method investments income line item. At the time of investment, we may make a one-time election to record our proportionate share of earnings of the investee on a lag of no more than three months. This election may be made on an investment by investment basis. We review equity method investments for impairment if there are events or changes in circumstances which indicate the carrying amount of the investment might not be recoverable.
Intangible Assets and Goodwill	Intangible Assets and Goodwill Goodwill is the purchase premium after adjusting for the fair value of net assets acquired. Goodwill is not amortized but is reviewed for potential impairment on an annual basis, or when events or circumstances indicate a potential impairment, at the related reporting unit level. The goodwill impairment test involves comparing the fair value of the reporting unit with its carrying value, including goodwill. If the fair value of the reporting unit exceeds its carrying value, goodwill of the reporting unit is considered not impaired; however, if the carrying value of the reporting unit exceeds its fair value, an impairment charge must be recorded. An impairment loss recognized cannot exceed the amount of goodwill assigned to a reporting unit. An impairment loss establishes a new basis in the goodwill and subsequent reversals of goodwill impairment losses are not permitted under applicable accounting guidance. For intangible assets subject to amortization, the recoverability test is performed when a triggering event occurs and an impairment loss is recognized if the carrying value of the intangible asset exceeds fair value and is not recoverable. The carrying value of the intangible asset is considered not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use of the asset. Intangible assets deemed to have indefinite useful lives are not subject to amortization. An impairment loss is recognized if the carrying value of the intangible asset with an indefinite life exceeds its fair value.
Interest Rate Swaps	Interest Rate SwapsWe entered into interest rate swap agreements to facilitate the risk management strategies of a small number of commercial banking clients. We mitigate this risk by entering into equal and offsetting interest rate swap agreements with highly rated third-party financial institutions. The interest rate swap agreements are free-standing derivatives and are recorded at fair value on our consolidated balance sheet. Fair value changes are recorded in noninterest income in our consolidated net income statement.
Fair Value Hedge	Fair Value HedgeWe entered into an interest rate swap designated as a fair value hedge to mitigate the effect of changing interest rates on the fair values of certain designated fixed-rate loans and available for sale securities. This involves the receipt of variable amounts from a counterparty in exchange for us making fixed payments over the life of the agreements without the exchange of the underlying notional amount. The gain or loss on the derivative as well as the offsetting gain or loss on the hedged item attributable to the hedged risk are recognized in earnings. We entered into a pay-fixed/receive-variable interest rate swap in January 2019 with a notional amount of $10.9 million and $26.4 million at December 31, 2022 and 2021, respectively, which was designated as a fair value hedge associated with our fixed-rate loan program and certain available for sale securities.
Embedded Derivatives	Embedded DerivativesWe enter into various contracts through the normal course of business and occasionally a contract may include terms and conditions that create an embedded derivative. An embedded derivative may occur even though the purpose of the contract is not intended to be a derivative contract. Components of a contract should be assessed to determine if they meet the definition of a derivative. If it does, we must then assess whether the embedded derivative is clearly and closely related to its host instrument. If the derivative is not clearly and closely related to the host contract, the embedded derivative must be separated from the host instrument and accounted for as a separate derivative.
Servicing Assets	Servicing Assets Servicing assets are recorded when the Bank sells loans and retains the servicing on those loans. On a monthly basis, we track the amount of loans that are sold with servicing retained. We determine the servicing rights value, which is then recorded as an asset and amortized over the period of estimated net servicing revenues. The servicing assets are evaluated for impairment quarterly. Servicing loans for others generally consists of collecting payments from borrowers, maintaining escrow accounts, remitting payments to third party investors and, when necessary, foreclosure processing. Serviced loans are not included in the consolidated balance sheets. At December 31, 2022 and 2021, the value of servicing assets was $1.6 million and $2.8 million, respectively, and is included in accrued interest and other assets in the consolidated balance sheets. We have the ability to sell the guaranteed portion of loans originated through the SBA's 7(a) program. All SBA loan sales are executed on a servicing retained basis. We are required to retain a minimum of 10% of the principal balance in accordance with SBA regulations. Any gain on sale recognized as income is the sum of the premium on the guaranteed portion of the loan and the fair value of the servicing assets recognized, less the discount recorded on the unguaranteed portion of the loan that is retained. The remaining unguaranteed portion of the loan is presented net of the discount, which is recognized as interest income over the underlying loan's remaining term, using the effective interest method.
Foreclosed Assets Held for Resale	Foreclosed Assets Held for ResaleForeclosed assets held for resale acquired in satisfaction of mortgage obligations and in foreclosure proceedings are recorded at fair value less estimated selling costs at the time of foreclosure, establishing a new cost basis, with any valuation adjustments charged to the allowance for loan losses. In subsequent periods, foreclosed assets are recorded at the lower of cost or fair value less any costs to sell. Costs relating to improvement of the property are capitalized, while holding costs of the property are charged to other loan origination and maintenance expense in the period incurred. Subsequent declines in fair value and gains or losses on sale are recorded in other noninterest expense.
Fair Value Measurements	Fair Value Measurements Accounting standards require that we adopt fair value measurement for financial assets and financial liabilities. This enhanced guidance for using fair value to measure assets and liabilities applies whenever other standards require or permit assets or liabilities to be measured at fair value. This guidance does not expand the use of fair value in any new circumstances. The following summarizes the methods and significant assumptions we use in estimating our fair value disclosures for financial instruments. Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities include items for which quoted prices are available, but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. Transfers of assets and liabilities between levels within the fair value hierarchy are recognized when an event or change in circumstances occurs.
Revenue Recognition	Revenue Recognition We record revenue from contracts with customers in accordance with ASC 606, Revenue from Contracts with Customers (“ASC 606”). Under ASC 606, we must identify the contract with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) we satisfy a performance obligation. Significant revenue has not been recognized in the current reporting period that results from performance obligations satisfied in previous periods. Our primary sources of revenue are derived from interest and fees earned on loans, investment securities and other financial instruments that are not within the scope of ASC 606. We have evaluated the nature of our contracts with customers and determined that our revenue from contracts with customers is appropriately disaggregated in our consolidated statement of income is not currently necessary. We generally fully satisfy our performance obligations on our contracts with customers as services are rendered and the transaction prices are typically fixed within each contract, charged either on a periodic basis or based on activity. Because performance obligations are satisfied as services are rendered and the transaction prices are fixed, there is little judgment involved in applying ASC 606 that significantly affects the determination of the amount and timing of revenue from contracts with customers. Payment Card and Service Charge Income Payment card and service charge income are comprised of service charges on accounts and interchange and debit card transaction fees. Service charges on accounts consist of account analysis fees, monthly service fees, check orders and other account related fees. Our 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 account related fees are largely transactional based and therefore, our performance obligation is satisfied and related revenue recognized, at a point in time. Payment for service charges on accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Interchange and debit card transaction fees are primarily comprised of interchange fees earned whenever the Bank’s debit and credit cards are processed through card payment networks, such as Visa. The Bank’s performance obligation for debit card and interchange income is generally satisfied, and the related revenue recognized, on a transactional basis. Payment is typically received immediately or in the following month. We also enter into interchange arrangements with minimum commitment fees. Minimum commitment fees are recognized ratably, until such time that minimum commitment fees are exceeded or expected to be exceeded. Compliance and Consulting Income Compliance and consulting income is comprised revenue generated by Chartwell, Paladin Fraud and Trabian. Chartwell provides integrated regulatory compliance, state licensing, financial crimes prevention and enterprise risk management services that include consulting, outsourcing, testing and training solutions. Paladin Fraud provides an extensive and customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies and other vendors to help clients and partners defend against threats. Trabian provides consulting for the development of online and mobile banking platforms and digital products for Fintech companies. Chartwell, Paladin Fraud and Trabian account for a contract after it has been approved by all parties to the arrangement, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of consideration is probable. The services promised are then evaluated in each contract at inception to determine whether the contract should be accounted for as having one or more performance obligations. Chartwell, Paladin Fraud and Trabian's services included in our contracts are distinct from one another. The transaction price for each contract is determined based upon the consideration expected to be received for the distinct services being provided under the contract. Revenue is recognized as performance obligations are satisfied and the customer obtains control of the goods or services provided. In determining when performance obligations are satisfied, factors considered include contract terms, payment terms and whether there is an alternative future use of the product or service. Consulting engagements may vary in length and scope, but will generally include the review and/or preparation of regulatory filings, business plans, financial models and other risk management services to customers within financial industries. Revenue from consulting services is recognized on a pro rata basis based upon actual labor hours completed as compared to budgeted labor hours for the deliverable. Other Operating Income Other operating income is primarily comprised of ATM fees, wire transfer fees, travelers check fees, revenue streams such as safe deposit box rental fees and other miscellaneous service charges. ATM fees, wire transfer fees and travelers check fees are primarily generated when a Bank’s cardholder uses a non-Bank ATM or a non-Bank cardholder uses a Bank ATM. Safe deposit box rental fees are charged to the customer on an annual basis and recognized upon receipt of payment. The Bank determined that since rentals and renewals occur fairly consistently over time, revenue is recognized on a basis consistent with the duration of the performance obligation. Other service charges include revenue from processing wire transfers, bill pay service, cashier’s checks and other services. The Bank’s performance obligations for fees 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. The Bank’s performance obligation for the gains and losses on sales of other real estate owned is satisfied, and the related revenue recognized, after each sale of other real estate owned is closed.
Stock-Based Compensation	Stock-Based CompensationCompensation cost is recognized for stock options and restricted stock units (“RSUs”) issued to employees, based on the fair value of these awards at the date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award.
Comprehensive Income	Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities and minimum pension liability, are reported as a separate component of the equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income.
Income Taxes	Income Taxes The amount reflected as income taxes represents federal and state income taxes on financial statement income. Certain items of income and expense, primarily the provision for possible loan losses, allowance for losses on foreclosed assets held for resale, depreciation and accretion of discounts on investment securities are reported in different accounting periods for income tax purposes. We and the Bank file a consolidated federal income tax return. Deferred tax assets and liabilities are computed based on the difference between the financial statement basis and income tax bases of assets and liabilities using the enacted marginal tax rates. Deferred income tax expenses or benefits are based on the changes in the net deferred tax asset or liability from period to period. Deferred tax assets and liabilities are the result of timing differences in recognition of revenue and expense for income tax and financial statement purposes. No deferred income tax valuation allowance is provided since it is more likely than not that realization of the deferred income tax asset will occur in future years.
Operating Segments	Operating SegmentsAn operating segment is defined as a component of an enterprise that engages in business activities that generates revenue and incurs expense, and the operating results of which are reviewed by the chief operating decision maker in the determination of resource allocation and performance. While our chief decision makers monitor the revenue streams of our various products and services, operations are managed and financial performance is evaluated on a company-wide basis. We have identified five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures and the financial holding company.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when: (i) the assets have been isolated from us, (ii) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (iii) we do not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Recent Accounting Pronouncements and Developments	Recent Accounting Pronouncements and Developments In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent amendments to the initial guidance in November 2018, ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, in April 2019, ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, in May 2019, ASU 2019-05, Financial Instruments – Credit Losses, Topic 326 and in November 2019, ASU 2019-10, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates and ASU 2019-11, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, all of which clarifies codification and corrects unintended application of the guidance. The new guidance replaces the incurred loss impairment methodology in current U.S. GAAP with an expected credit loss methodology and requires consideration of a broader range of information to determine credit loss estimates. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses. Purchased credit impaired ("PCI") loans will receive an allowance account at the acquisition date that represents a component of the purchase price allocation. Credit losses relating to available-for-sale debt securities will be recorded through an allowance for credit losses, with such allowance limited to the amount by which fair value is below amortized cost. The guidance was initially effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. On November 15, 2019, the FASB issued ASU 2019-10, Financial Investments – Credit Issues (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates, which finalizes a delay in the effective date of the standard for smaller reporting companies (“SRCs”). Effective as of the first quarter of 2022, we no longer qualified as an SRC. However, because we met the criteria to be an SRC as of the issuance date of this guidance, we are eligible for the delay in effective date and plan to adopt this standard for fiscal years ending after December 15, 2022. We currently expect to recognize a one-time cumulative effect adjustment to the ALL as of January 1, 2023. We have formed a cross-functional implementation team. This cross-functional team has completed testing the model and is finalizing the implementation plan, which will include assessment and documentation of processes, internal controls and data sources; model testing and documentation; and system configuration, among other things. We have completed the process of implementing a third-party vendor solution to assist us in the application of this standard. The adoption of this standard will result in an increase in the ALL as a result of changing from an “incurred loss” model, which encompasses allowances for current known and inherent losses within the portfolio, to an “expected loss” model, which encompasses allowances for losses expected to be incurred over the life of the portfolio. Upon adoption of ASU 2016-13, we currently expect to record a charge to retained earnings of $6.5 million to $7.0 million. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . The amendments provide optional expedients and exceptions for certain contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of rate reform. In December 2022, the FASB issued ASC 2022-06, Deferral of the Sunset date of Topic 848, which extends the sunset date of Topic 848 from December 31, 2022, to December 31, 2024. The guidance permits entities to not apply modification accounting or remeasure lease payments in lease contracts if the changes to the contract are related to the discontinuation of the reference rate. If certain criteria are met, the amendments also allow exceptions to the de-designation criteria of the hedging relationship and the assessment of hedge effectiveness during the transition period. In January 2021, ASU 2021-01 was issued by the FASB and clarifies that certain exceptions in reference rate reform apply to derivatives that are affected by the discounting transition. We will continue to assess the impact as the reference rate transition occurs over the next year. As of December 31, 2022, we had loans totaling $317.1 million that reference LIBOR which will be transitioned to the secured overnight financing rate ("SOFR") effective June 30, 2023. In March 2022, the FASB issued ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures . The amendments eliminate the accounting guidance for troubled debt restructurings ("TDRs") in subtopic 310-40, Receivables - Troubled Debt Restructurings by Creditors , while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. Rather than applying the recognition and measurement guidance for TDRs, an entity must apply the loan refinancing and restructuring guidance in paragraphs 310-20-35-9 through 35-11 of the codification to determine whether a modification results in a new loan or a continuation of an existing loan. The amendments also include provisions for disclosure of current-period gross writeoffs by year of origination for financing receivables and net investment in leases within the scope of subtopic 326-20, Financial Instruments - Credit Losses - Measured at Amortized Cost . Gross writeoff information must be included in the vintage disclosures required for public business entities which requires that an entity disclose the amortized cost basis of financing receivables by credit-quality indicator and class of financing receivables by year of origination. This amendment is effective concurrently with the amendments in ASU 2016-13 which is currently effective for fiscal years beginning after December 15, 2022. These amendments primarily impact disclosure requirements and we do not believe they will have a material impact on our consolidated financial statements. In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions
Earnings Per Share	We determine basic earnings per share (“EPS”) by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted EPS is determined by dividing net income available to common shareholders by the weighted-average number of shares outstanding, increased by both the number of shares that would be issued assuming the exercise of instruments under our incentive stock plan.

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Fair Values of Investment Securities Available-for-sale	Amortized cost and fair values of investment securities available-for-sale at December 31, 2022 are summarized as follows: (Dollars in thousands) Amortized Cost Unrealized Gain Unrealized Loss Fair Value United States government agency securities $ 51,436 $ 15 $ (6,637) $ 44,814 United States sponsored mortgage-backed securities 68,267 — (11,696) 56,571 United States treasury securities 130,689 48 (9,828) 120,909 Municipal securities 157,842 2,412 (21,618) 138,636 Corporate debt securities 10,570 10 (20) 10,560 Other debt securities 7,500 — — 7,500 Total debt securities 426,304 2,485 (49,799) 378,990 Other securities 824 — — 824 Total investment securities available-for-sale $ 427,128 $ 2,485 $ (49,799) $ 379,814 Amortized cost and fair values of investment securities available-for-sale at December 31, 2021 are summarized as follows: (Dollars in thousands) Amortized Cost Unrealized Gain Unrealized Loss Fair Value United States government agency securities $ 41,105 $ 228 $ (896) $ 40,437 United States sponsored mortgage-backed securities 77,519 222 (1,633) 76,108 United States treasury securities 112,133 — (1,744) 110,389 Municipal securities 171,044 4,334 (366) 175,012 Corporate debt securities 11,093 49 — 11,142 Other debt securities 7,500 — — 7,500 Total debt securities 420,394 4,833 (4,639) 420,588 Other securities 878 — — 878 Total investment securities available-for-sale $ 421,272 $ 4,833 $ (4,639) $ 421,466 The following table summarizes amortized cost and fair values of debt securities by maturity: December 31, 2022 Available for sale (Dollars in thousands) Amortized Cost Fair Value Within one year $ 5,034 $ 5,033 After one year, but within five years 140,570 130,614 After five years, but within ten years 41,366 37,368 After ten years 239,334 205,975 Total $ 426,304 $ 378,990
Investments in an Unrealized Loss Position	The following table discloses the length of time that investments have remained in an unrealized loss position at December 31, 2022: (Dollars in thousands) Less than 12 months 12 months or more Description and number of positions Fair Value Unrealized Loss Fair Value Unrealized Loss United States government agency securities (32) $ 21,287 $ (1,937) $ 19,423 $ (4,700) United States sponsored mortgage-backed securities (51) 6,953 (852) 49,618 (10,844) United States treasury securities (29) 11,936 (130) 102,092 (9,698) Municipal securities (173) 65,930 (7,507) 41,184 (14,111) Corporate debt securities (3) 2,380 (20) — — $ 108,486 $ (10,446) $ 212,317 $ (39,353) The following table discloses the length of time that investments have remained in an unrealized loss position at December 31, 2021: (Dollars in thousands) Less than 12 months 12 months or more Description and number of positions Fair Value Unrealized Loss Fair Value Unrealized Loss United States government agency securities (21) $ 5,101 $ (77) $ 21,770 $ (819) United States sponsored mortgage-backed securities (30) 55,354 (1,346) 7,845 (287) United States treasury securities (24) 110,389 (1,744) — — Municipal securities (53) 32,221 (270) 7,001 (96) Corporate debt securities (9) — — — — $ 203,065 $ (3,437) $ 36,616 $ (1,202)
Realized Gain (Loss) on Investments	The following table summarizes the investment sales and related gains and losses in 2022, 2021 and 2020: (Dollars in thousands) 2022 2021 2020 Proceeds from sales of available-for-sale securities $ 60,635 $ 146,011 $ 54,023 Gains, gross 717 3,944 948 Losses, gross (67) (69) (34) Proceeds from sales of equity securities $ 1,356 $ 543 $ 4,622 Gains, gross 158 5 3,501 Losses, gross (214) — — Unrealized holding gains (losses) on equity securities $ (1,543) $ 3,776 $ 374

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Components of Loans in Consolidated Balance Sheet	The components of loans in the Consolidated Balance Sheet at December 31, were as follows: (Dollars in thousands) 2022 2021 Commercial: Business $ 851,072 $ 818,986 Real estate 632,839 561,718 Acquisition, development and construction 126,999 99,823 Total commercial $ 1,610,910 $ 1,480,527 Residential real estate 606,970 306,140 Home equity lines of credit 18,734 22,186 Consumer 131,566 43,919 Total loans, excluding PCI 2,368,180 1,852,772 Purchased credit impaired loans: Commercial: Business — 2,629 Real estate — 11,018 Acquisition, development and construction — 257 Total commercial — 13,904 Residential real estate 2,482 4,358 Consumer — 413 Total purchased credit impaired loans $ 2,482 $ 18,675 Total loans 2,370,662 1,871,447 Deferred loan origination costs and (fees), net 1,983 (1,609) Loans receivable $ 2,372,645 $ 1,869,838
Primary Segments of the Loan Portfolio	The following table summarizes the primary segments of the loan portfolio as of December 31, 2022 and 2021: Commercial (Dollars in thousands) Business Real Estate Acquisition, development and construction Total Commercial Residential Home Equity Lines of Credit Consumer Total December 31, 2022 Individually evaluated for impairment $ 10,451 $ 1,365 $ — $ 11,816 $ 2,603 $ 90 $ 1,351 $ 15,860 Collectively evaluated for impairment 840,621 631,474 126,999 1,599,094 606,849 18,644 130,215 2,354,802 Total loans $ 851,072 $ 632,839 $ 126,999 $ 1,610,910 $ 609,452 $ 18,734 $ 131,566 $ 2,370,662 December 31, 2021 Individually evaluated for impairment $ 12,954 $ 2,206 $ 1,392 $ 16,552 $ 8,765 $ 217 $ 432 $ 25,966 Collectively evaluated for impairment 808,661 570,530 98,688 1,477,879 301,733 21,969 43,900 1,845,481 Total loans $ 821,615 $ 572,736 $ 100,080 $ 1,494,431 $ 310,498 $ 22,186 $ 44,332 $ 1,871,447
Impaired Loans by Class	The following table presents impaired loans by class segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of December 31, 2022 and 2021: Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans (Dollars in thousands) Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance December 31, 2022 Commercial: Business $ 3,436 $ 1,253 $ 7,015 $ 10,451 $ 15,324 Real estate 1,240 222 125 1,365 1,470 Acquisition, development and construction — — — — 1,415 Total commercial 4,676 1,475 7,140 11,816 18,209 Residential — — 2,603 2,603 2,671 Home equity lines of credit — — 90 90 94 Consumer 1,347 268 4 1,351 1,351 Total impaired loans $ 6,023 $ 1,743 $ 9,837 $ 15,860 $ 22,325 December 31, 2021 Commercial: Business $ 2,401 $ 232 $ 8,796 $ 11,197 $ 13,010 Real estate 668 243 543 1,211 1,329 Acquisition, development and construction — — 1,392 1,392 2,807 Total commercial 3,069 475 10,731 13,800 17,146 Residential — — 8,179 8,179 8,219 Home equity lines of credit — — 217 217 221 Consumer — — 259 259 259 Total impaired loans $ 3,069 $ 475 $ 19,386 $ 22,455 $ 25,845
Average Recorded Investment in Impaired Loans and Related Interest Income Recognized	The following table presents the average recorded investment in impaired loans and related interest income recognized for the years ended: December 31, 2022 December 31, 2021 December 31, 2020 (Dollars in thousands) Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Commercial: Business $ 12,781 $ 8 $ 6 $ 7,701 $ — $ — $ 6,066 $ — $ — Real estate 1,479 57 59 2,051 60 43 3,057 97 104 Acquisition, development and construction 273 — — 344 — — 1,207 67 73 Total commercial 14,533 65 65 10,096 60 43 10,330 164 177 Residential 6,952 15 15 5,992 15 14 2,541 19 19 Home equity lines of credit 149 — — 81 — — 87 — — Consumer 915 — — 41 — — 7 — — Total $ 22,549 $ 80 $ 80 $ 16,210 $ 75 $ 57 $ 12,965 $ 183 $ 196
Classes of the Loan Portfolio Summarized by the Aggregate Pass and the Criticized Categories	The following table represents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of December 31, 2022 and 2021: (Dollars in thousands) Pass Special Mention Substandard Doubtful Total December 31, 2022 Commercial: Business $ 830,319 $ 5,963 $ 12,103 $ 2,687 $ 851,072 Real estate 592,997 18,883 20,600 359 632,839 Acquisition, development and construction 120,788 5,277 934 126,999 Total commercial 1,544,104 30,123 33,637 3,046 1,610,910 Residential 605,513 760 1,556 1,623 609,452 Home equity lines of credit 18,269 375 90 — 18,734 Consumer 131,562 — 4 — 131,566 Total loans $ 2,299,448 $ 31,258 $ 35,287 $ 4,669 $ 2,370,662 December 31, 2021 Commercial: Business $ 789,101 $ 12,246 $ 18,143 $ 2,125 $ 821,615 Real estate 526,851 12,598 31,293 1,994 572,736 Acquisition, development and construction 89,893 4,960 4,163 1,064 100,080 Total commercial 1,405,845 29,804 53,599 5,183 1,494,431 Residential 299,291 899 9,815 493 310,498 Home equity lines of credit 21,582 387 191 26 22,186 Consumer 43,519 24 259 530 44,332 Total loans $ 1,770,237 $ 31,114 $ 63,864 $ 6,232 $ 1,871,447
Classes of the Loan Portfolio Summarized by Aging Categories	The following table presents the classes of the loan portfolio summarized by aging categories of performing loans and nonaccrual loans as of December 31, 2022 and 2021: (Dollars in thousands) Current 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Total Loans Non-Accrual 90+ Days Still Accruing December 31, 2022 Commercial: Business $ 850,112 $ — $ 960 $ — $ 960 $ 851,072 $ 7,528 $ — Real estate 632,839 — — — — 632,839 — — Acquisition, development and construction 126,999 — — — — 126,999 — — Total commercial 1,609,950 — 960 — 960 1,610,910 7,528 — Residential 606,554 1,820 1,078 — 2,898 609,452 2,196 — Home equity lines of credit 18,131 603 — — 603 18,734 90 — Consumer 120,504 6,848 2,867 1,347 11,062 131,566 1,351 — Total loans $ 2,355,139 $ 9,271 $ 4,905 $ 1,347 $ 15,523 $ 2,370,662 $ 11,165 $ — December 31, 2021 Commercial: Business $ 816,638 $ 1,718 $ 11 $ 3,248 $ 4,977 $ 821,615 $ 8,261 $ — Real estate 569,792 396 461 2,087 2,944 572,736 192 — Acquisition, development and construction 98,781 67 412 820 1,299 100,080 1,392 — Total commercial 1,485,211 2,181 884 6,155 9,220 1,494,431 9,845 — Residential 303,940 3,620 285 2,653 6,558 310,498 7,636 — Home equity lines of credit 21,974 — 119 93 212 22,186 217 — Consumer 42,231 1,211 461 429 2,101 44,332 259 — Total loans $ 1,853,356 $ 7,012 $ 1,749 $ 9,330 $ 18,091 $ 1,871,447 $ 17,957 $ —
Allowance Activity	The following tables summarize the activity of primary segments of the ALL segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment for the years ending December 31, 2022, 2021 and 2020: Commercial (Dollars in thousands) Business Real Estate Acquisition, development and construction Total Commercial Residential Home Equity Lines of Credit Consumer Total ALL balance at December 31, 2021 $ 8,027 $ 5,091 $ 982 $ 14,100 $ 1,492 $ 128 $ 2,546 $ 18,266 Charge-offs (2,858) — — (2,858) (84) — (12,241) (15,183) Recoveries 56 127 — 183 — 7 6,370 6,560 Provision (release) 3,546 486 82 4,114 1,472 (4) 8,612 14,194 ALL balance at December 31, 2022 $ 8,771 $ 5,704 $ 1,064 $ 15,539 $ 2,880 $ 131 $ 5,287 $ 23,837 Individually evaluated for impairment $ 1,253 $ 222 $ — $ 1,475 $ — $ — $ 268 $ 1,743 Collectively evaluated for impairment $ 7,518 $ 5,482 $ 1,064 $ 14,064 $ 2,880 $ 131 $ 5,019 $ 22,094 Commercial (Dollars in thousands) Business Real Estate Acquisition, development and construction Total Commercial Residential Home Equity Lines of Credit Consumer Total ALL balance at December 31, 2020 $ 12,193 $ 9,079 $ 2,761 $ 24,033 $ 1,462 $ 298 $ 51 $ 25,844 Charge-offs (1,284) (83) — (1,367) (5) — (247) (1,619) Recoveries 231 — — 231 — 24 61 316 Provision (release) (3,113) (3,905) (1,779) (8,797) 35 (194) 2,681 (6,275) ALL balance at December 31, 2021 $ 8,027 $ 5,091 $ 982 $ 14,100 $ 1,492 $ 128 $ 2,546 $ 18,266 Individually evaluated for impairment $ 232 $ 243 $ — $ 475 $ — $ — $ — $ 475 Collectively evaluated for impairment $ 7,795 $ 4,848 $ 982 $ 13,625 $ 1,492 $ 128 $ 2,546 $ 17,791 Commercial (Dollars in thousands) Business Real Estate Acquisition, development and construction Total Commercial Residential Home Equity Lines of Credit Consumer Total ALL balance at December 31, 2019 $ 6,197 $ 2,988 $ 913 $ 10,098 $ 1,272 $ 327 $ 78 $ 11,775 Charge-offs (1,909) (23) — (1,932) (235) (23) — (2,190) Recoveries 15 7 — 22 — 9 3 34 Provision (release) 7,890 6,107 1,848 15,845 779 (15) (30) 16,579 Allowance contributed with mortgage combination transaction — — — — (354) — — (354) ALL balance at December 31, 2020 $ 12,193 $ 9,079 $ 2,761 $ 24,033 $ 1,462 $ 298 $ 51 $ 25,844 Individually evaluated for impairment $ 1,034 $ 262 $ — $ 1,296 $ — $ — $ — $ 1,296 Collectively evaluated for impairment $ 11,159 $ 8,817 $ 2,761 $ 22,737 $ 1,462 $ 298 $ 51 $ 24,548
Loans Identified as Troubled Debt Restructuring	The following table presents details related to loans identified as TDRs during the year ended December 31, 2021: December 31, 2021 (Dollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Commercial: Business 2 $ 5,200 $ 4,836 Real estate — — — Total commercial 2 5,200 4,836 Residential — — — Total 2 $ 5,200 $ 4,836 1 The pre-modification and post-modification balances represent the balances outstanding immediately before and after modification of the loan.

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	The following table presents the components of premises and equipment at December 31,: (Dollars in thousands) 2022 2021 Land $ 3,465 $ 3,465 Buildings and improvements 13,393 13,393 Furniture, fixtures and equipment 17,642 16,841 Software 6,019 4,176 Construction in progress 508 531 Leasehold improvements 2,836 2,895 43,863 41,301 Accumulated depreciation (20,210) (16,249) Premises and equipment, net $ 23,653 $ 25,052
Summary of Lease Cost	The following shows lease costs for the years ended: (Dollars in thousands) December 31, 2022 December 31, 2021 Amortization of right-of-use assets, finance leases $ 57 $ 59 Interest on lease liabilities, finance leases — 2 Operating lease cost 1,781 1,966 Short-term lease cost 32 5 Variable lease cost 38 38 Total lease cost $ 1,908 $ 2,070
Summary of Operating Lease Liability	For operating leases with initial or remaining terms of one year or more as of December 31, 2022, the following table presents future minimum payments for the twelve month periods ended December 31: (Dollars in thousands) Operating Leases 2023 $ 1,655 2024 1,579 2025 1,576 2026 1,584 2027 1,625 2028 and thereafter 10,111 Total future minimum lease payments $ 18,130 Less: Amounts representing interest (3,120) Present value of net future minimum lease payments $ 15,010

Equity Method Investments (Tabl

Equity Method Investments (Tables)	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Summary of Income Statement Information for Equity Method Investments	The following table provides summarized income statement information for ICM for the years ended December 31, 2022 and 2021: December 31, (Dollars in thousands) 2022 2021 Total revenues $ 67,207 $ 153,549 Net income 343 41,381 Gain on sale of loans 44,921 150,896 Volume of loans sold 2,325,709 5,326,757

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2022
Deposits [Abstract]
Schedule of Deposits	Deposits at December 31, were as follows: (Dollars in thousands) 2022 2021 Demand deposits of individuals, partnerships and corporations Noninterest-bearing demand $ 1,231,544 $ 1,120,433 Interest-bearing demand 720,074 651,016 Savings and money markets 284,447 510,068 Time deposits, including CDs and IRAs 334,417 96,088 Total deposits $ 2,570,482 $ 2,377,605 Time deposits that meet or exceed the FDIC insurance limit $ 4,386 $ 9,573
Maturities of Time Deposits	Maturities of time deposits at December 31, 2022 were as follows (dollars in thousands): 2023 $ 263,254 2024 64,010 2025 3,819 2026 687 2027 2,394 Thereafter 253 Total $ 334,417

Borrowed Funds (Tables)

Borrowed Funds (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Information Related to Short-term Borrowings	Information related to short-term borrowings is summarized as follows: (Dollars in thousands) 2022 2021 Balance at end of year $ 102,333 $ — Average balance during the year 15,494 25,275 Maximum month-end balance 102,333 130,047 Weighted-average rate during the year 2.82 % 0.05 % Weighted-average rate at December 31 4.45 % — %
Information Related to Repurchase Agreements	Information related to repurchase agreements is summarized as follows: (Dollars in thousands) 2022 2021 Balance at end of year $ 10,037 $ 11,385 Average balance during the year 10,987 10,821 Maximum month-end balance 12,680 11,398 Weighted-average rate during the year 0.05 % 0.12 % Weighted-average rate at December 31 0.06 % 0.05 %
Information Related to Subordinated Debt	Information related to subordinated debt is summarized as follows: (Dollars in thousands) 2022 2021 Balance at end of year $ 73,286 $ 73,030 Average balance during the year 73,159 51,149 Maximum month-end balance 73,286 73,030 Weighted-average rate during the year 4.20 % 4.28 % Weighted-average rate at December 31 3.97 % 3.71 %
Information Related to Secured Borrowings	Information related to senior term loan is summarized as follows: (Dollars in thousands) 2022 2021 Balance at end of year $ 9,765 — Average balance during the year 2,328 — Maximum month-end balance 9,886 — Weighted-average rate during the year 7.00 % — Rate at December 31 7.44 % —

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Contractual Amounts of Commitments	Total contractual amounts of the commitments as of December 31, were as follows: (Dollars in thousands) 2022 2021 Available on lines of credit $ 495,618 $ 384,923 Stand-by letters of credit 17,153 23,600 Other loan commitments 14,901 15,792 $ 527,672 $ 424,315

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Provision for Income Taxes	The provisions for income taxes for the years ended December 31, were as follows: (Dollars in thousands) 2022 2021 2020 Current: Federal $ 6,607 $ 3,332 $ 10,899 State 1,152 421 2,019 $ 7,759 $ 3,753 $ 12,918 Deferred: Federal $ (3,056) $ 5,159 $ (3,183) State (575) 970 (203) (3,631) 6,129 (3,386) Income tax expense $ 4,128 $ 9,882 $ 9,532
Reconciliation of Income Taxes at Federal Statutory Rates to Recorded Income Taxes	Following is a reconciliation of income taxes at federal statutory rates to recorded income taxes for the year ended December 31: 2022 2021 2020 (Dollars in thousands) Amount % Amount % Amount % Income tax at federal statutory rate $ 3,889 21.0 % $ 10,201 21.0 % $ 9,858 21.0 % Tax effect of: State income taxes, net of federal income taxes 456 2.5 % 1,099 2.2 % 1,435 3.1 % Tax exempt earnings (1,596) (8.6) % (1,460) (3.0) % (1,381) (3.0) % Other 1,379 7.4 % 42 0.1 % (380) (0.8) % $ 4,128 22.3 % $ 9,882 20.3 % $ 9,532 20.3 %
Deferred Income Tax Assets and (Liabilities)	Deferred income tax assets and liabilities were comprised of the following at December 31: (Dollars in thousands) 2022 2021 Gross deferred tax assets: Allowance for loan losses $ 5,849 $ 4,393 Minimum pension liability 991 1,245 Stock-based compensation 1,097 1,140 SERP 317 298 Unrealized loss on securities available-for-sale 11,024 — Lease liabilities 3,611 4,370 Other 364 249 Total gross deferred tax assets 23,253 11,695 Gross deferred tax liabilities: Depreciation (1,726) (1,556) Pension (1,062) (1,077) Unrealized gain on securities available-for-sale (80) (45) Holding gain on equity securities (3,969) (4,358) Equity method investment (2,220) (4,086) Goodwill (110) (70) Right-of-use assets (3,383) (4,141) Other (264) (288) Total gross deferred tax liabilities (12,814) (15,621) Net deferred tax assets (liabilities) $ 10,439 $ (3,926)

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Loan Activity	Set forth below is a summary of the related loan activity. (Dollars in thousands) Balance at Beginning of Year Borrowings, net of participations Executive Officer and Director Retirements Repayments Balance at End of Year December 31, 2022 $ 27,606 $ 221,825 $ (998) $ (215,000) $ 33,433 December 31, 2021 $ 27,423 $ 4,373 $ (996) $ (3,194) $ 27,606

Pension Plan (Tables)

Pension Plan (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Defined Benefit Plan Activity	Information pertaining to the activity in our defined benefit plan, using the latest available actuarial valuations with a measurement date of December 31, 2022 and 2021 is as follows: (Dollars in thousands) 2022 2021 Change in benefit obligation Benefit obligation at beginning of year $ 12,230 $ 12,715 Interest cost 341 313 Actuarial loss 160 143 Assumption changes (3,584) (649) Benefits paid (318) (292) Benefit obligation at end of year $ 8,829 $ 12,230 Change in plan assets: Fair value of plan assets at beginning of year $ 11,591 $ 7,096 Actual return (loss) on plan assets (1,990) 952 Employer contribution — 3,835 Benefits paid (318) (292) Fair value of plan assets at end of year $ 9,283 $ 11,591 Funded status $ 454 $ (639) Unrecognized net actuarial loss 4,120 5,314 Prepaid pension cost recognized $ 4,574 $ 4,675 Accumulated benefit obligation $ 8,829 $ 12,230
Weighted Average Assumptions Used	At December 31, 2022, 2021 and 2020, the weighted-average assumptions used to determine the benefit obligation are as follows: 2022 2021 2020 Discount rate 5.23 % 2.83 % 2.50 % Rate of compensation increase n/a n/a n/a For the years December 31, 2022, 2021 and 2020, the weighted-average assumptions used to determine net periodic pension cost are as follows: 2022 2021 2020 Discount rate 5.23 % 2.83 % 2.50 % Expected long-term rate of return on plan assets 6.00 % 6.75 % 6.75 % Rate of compensation increase n/a n/a n/a
Components of Net Periodic Pension Cost	The components of net periodic pension cost are as follows: (Dollars in thousands) 2022 2021 2020 Interest cost $ 341 $ 313 $ 365 Expected return on plan assets (669) (689) (438) Amortization of net actuarial loss 429 507 420 Net periodic pension cost $ 101 $ 131 $ 347
Pension Plan Asset Allocations	Our pension plan asset allocations at December 31, 2022 and 2021 are as follows: 2022 2021 Plan Assets Cash 7 % 3 % Fixed income 28 % 25 % Alternative investments 13 % 29 % Domestic equities 26 % 25 % Foreign equities 22 % 18 % Real estate investment trusts 4 % — % Total 100 % 100 %
Plan Assets at Fair Value by Level	The following table sets forth by level within the fair value hierarchy, as defined in Note 19 – Fair Value Measurements , the Pension Plan’s assets at fair value as of December 31, 2022: (Dollars in thousands) Level I Level II Level III Total Assets: Cash $ 650 $ — $ — $ 650 Fixed income 2,599 — — 2,599 Alternative investments — — 1,207 1,207 Domestic equities 2,414 — — 2,414 Foreign equities 2,042 — — 2,042 Total $ 7,705 $ — $ 1,207 $ 8,912 Investments reported at Net Asset Value 1 371 Total assets at fair value $ 9,283 1 Investments reported at Net Asset Value include Real Estate investment trusts. The following table sets forth by level, within the fair value hierarchy, as defined in Note 19 – Fair Value Measurements, the Pension Plan’s assets at fair value as of December 31, 2021: (Dollars in thousands) Level I Level II Level III Total Assets: Cash $ 348 $ — $ — $ 348 Fixed income 2,898 — — 2,898 Alternative investments — — 3,361 3,361 Domestic equities 2,898 — — 2,898 Foreign equities 2,086 — — 2,086 Total assets at fair value $ 8,230 $ — $ 3,361 $ 11,591
Estimate of Plan Contributions in Future Years	The following table includes our best estimate of the plan contribution for next fiscal year and the benefits expected to be paid in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter: (Dollars in thousands) Cash Flow Contributions for the period of January 1, 2023 through December 31, 2023 $ — Estimated future benefit payments reflecting expected future service 2023 $ 409 2024 $ 433 2025 $ 462 2026 $ 536 2027 $ 542 2028 through 2032 $ 2,801

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amounts of Goodwill and Other Intangibles	The table below summarizes the changes in carrying amounts of goodwill and other intangibles, including core deposit intangibles, for the periods presented: Intangibles (Dollars in thousands) Goodwill Gross Accumulated Amortization Net Balance at January 1, 2022 $ 3,988 $ 3,820 $ (1,504) $ 2,316 Amortization expense — — (685) (685) Balance at December 31, 2022 $ 3,988 $ 3,820 $ (2,189) $ 1,631 Balance at January 1, 2021 $ 2,350 $ 3,941 $ (1,541) $ 2,400 Goodwill and intangibles resulting from Trabian acquisition 1,638 600 — 600 Reduction of intangibles from sale of branches to Summit — (721) 721 — Amortization expense — — (684) (684) Balance at December 31, 2021 $ 3,988 $ 3,820 $ (1,504) $ 2,316 Balance at January 1, 2020 $ 19,630 $ 4,226 $ (753) $ 3,473 Reduction of goodwill and intangibles from sale of branches to Summit (1,598) (845) 441 (404) Intangibles resulting from First State acquisition — 560 — 560 Reduction of goodwill from ICM transaction (16,882) — — — Goodwill resulting from Paladin acquisition 1,200 — — — Amortization expense — — (1,229) (1,229) Balance at December 31, 2020 $ 2,350 $ 3,941 $ (1,541) $ 2,400
Estimated Amortization Expense for Other Intangible Assets	The table below presents estimated amortization expense for our other intangible assets (dollars in thousands): 2023 $ 592 2024 321 2025 100 2026 87 2027 87 Thereafter 444 $ 1,631

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock-Based Compensation Expense	The amount that we recognized in stock-based compensation expense related to the issuance of stock options and RSUs is presented in the following table: (Dollars in thousands) 2022 2021 2020 Stock Options $ 501 $ 832 $ 950 RSUs 2,299 1,802 1,403 Total stock-based compensation expense $ 2,800 $ 2,634 $ 2,353
Stock Option Activity	The following summarizes stock options as of and for the year ended December 31, 2022: 2022 Number of Shares Weighted-Average Exercise Price Outstanding at beginning of year 1,114,200 $ 15.86 Granted 14,350 39.15 Exercised 160,527 12.99 Forfeited 24,930 22.55 Expired 550 14.71 Outstanding at end of year 942,543 $ 16.53 Exercisable at end of year 782,116 $ 15.36 Weighted-average fair value of options granted during 2022 $ 14.94 Weighted-average fair value of options granted during 2021 $ 10.61 Weighted-average fair value of options granted during 2020 $ 4.48
Schedule of Stock Option Valuation Assumptions	The fair value for the options was estimated at the grant date using a Black-Scholes option-pricing model with the following inputs: 2022 2021 2020 Average risk-free interest rates 2.23 % 1.27 % 0.66 % Weighted-average life (years) 7 7 7 Expected volatility 41.2 % 41.2 % 30.9 % Expected dividend yield 1.58 % 1.08 % 2.20 %
Outstanding and Exercisable Options Information	The following summarizes information related to the total outstanding and exercisable stock options at December 31, 2022: Options Outstanding Options Exercisable Total Options Weighted-Average Exercise Price Intrinsic Value (in millions) Weighted-Average Remaining Life Total Options Weighted-Average Exercise Price Intrinsic Value (in millions) Weighted-Average Remaining Life 942,543 $16.53 $5.7 4.38 782,116 $15.36 $5.3 3.87
Summary of RSUs	A summary of the activity for our RSUs for the period indicated is presented in the following table: 2022 Shares Weighted-Average Grant Date Fair Value Balance at beginning of year 241,906 $ 21.46 Granted 95,723 38.04 Vested (75,354) 21.62 Forfeited (14,718) 26.16 Balance at end of year 247,557 $ 26.39 Weighted-average fair value of RSUs granted during 2022 $ 38.04 Weighted-average fair value of RSUs granted during 2021 $ 40.95 Weighted-average fair value of RSUs granted during 2020 $ 13.08

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	For the years ended December 31, (Dollars in thousands except shares and per share data) 2022 2021 2020 Numerator for earnings per share: Net Income $ 14,387 $ 38,696 $ 37,411 Net loss attributable to noncontrolling interest 660 425 — Dividends on preferred stock — (35) (461) Net income available to common shareholders $ 15,047 $ 39,086 $ 36,950 Denominator: Weighted-average shares outstanding - basic 12,279,462 11,778,557 11,821,574 Effect of dilutive stock options and restricted stock units 591,272 835,063 266,532 Weighted-average shares outstanding - diluted 12,870,734 12,613,620 12,088,106 Earnings per common share - basic $ 1.23 $ 3.32 $ 3.13 Earnings per common share - diluted $ 1.17 $ 3.10 $ 3.06 Securities not included in the computation of diluted EPS because the effect would be antidilutive 113,427 93,895 646,168

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2022
Banking and Thrift, Other Disclosure [Abstract]
Actual Capital Amounts and Ratios	Our actual capital amounts and ratio is presented in the table below. In April 2020, under the CARES Act, the 9% leverage ratio threshold was temporarily reduced to 8% in response to the COVID-19 pandemic. The threshold increased to 8.5% in 2021 and has returned to 9% in 2022. The Bank elected to begin using the CBLR for the first quarter of 2021 and intends to utilize this measure for the foreseeable future. Eligibility criteria to utilize the CBLR includes the following: ● Total assets of less than $10 billion; ● Total trading assets plus liabilities of 5% or less of consolidated assets; ● Total off-balance sheet exposures of 25% or less of consolidated assets; ● Cannot be an advanced approaches banking organization; and ● Leverage ratio greater than 9% or temporarily prescribed threshold established in response to COVID-19. Actual Minimum Capital Requirement Minimum to be Well Capitalized (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2022 Community Bank leverage ratio Subsidiary bank $ 307,936 9.8% $ 250,675 8.0% $ 282,010 9.0% As of December 31, 2021 Community Bank leverage ratio Subsidiary bank $ 321,282 11.6% $ 208,344 7.5% $ 236,123 8.5%

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Carrying Values and Estimated Fair Values of Financial Instruments	The carrying values and estimated fair values of financial instruments are summarized as follows: Fair Value Measurements at: (Dollars in thousands) Carrying Value Estimated Fair Value Quoted Prices in Active Markets for Identical Assets (Level I) Significant Other Observable Inputs (Level II) Significant Unobservable Inputs (Level III) December 31, 2022 Financial Assets: Cash and cash equivalents $ 40,280 $ 40,280 $ 40,280 $ — $ — Securities available-for-sale 379,814 379,814 — 344,471 35,343 Equity securities 38,744 38,744 5,382 — 33,362 Loans held-for-sale 23,126 24,898 — 24,898 — Loans receivable, net 2,348,808 2,285,427 — — 2,285,427 Servicing assets 0 1,616 1,634 — — 1,634 Interest rate swap 8,427 8,427 — 8,427 — Accrued interest receivable 12,617 12,617 — 2,778 9,839 Bank-owned life insurance 43,239 43,239 — 43,239 — Embedded derivative 787 787 — — 787 Financial Liabilities: Deposits $ 2,570,482 $ 2,226,037 $ — $ 2,226,037 $ — Repurchase Agreements 10,037 10,037 — 10,037 — Fair value hedge 572 572 — 572 — Interest rate swap 8,427 8,427 — 8,427 — Accrued interest payable 2,558 2,558 — 2,558 — FHLB and other borrowings 102,333 102,006 — 102,006 — Senior term loan 9,765 9,765 — 9,765 — Subordinated Debt 73,286 64,330 — 64,330 — December 31, 2021 Financial assets: Cash and cash equivalents $ 307,437 $ 307,437 $ 307,437 $ — $ — Certificates of deposits with banks 2,719 2,738 — 2,738 — Securities available-for-sale 421,466 421,466 — 379,703 41,763 Equity securities 32,402 32,402 247 — 32,155 Loans 1,851,572 1,865,013 — — 1,865,013 Servicing rights 2,812 2,831 — — 2,831 Interest rate swap 6,702 6,702 — 6,702 — Fair value hedge 1,552 1,552 — 1,552 — Accrued interest receivable 7,860 7,860 — 2,402 5,458 Bank-owned life insurance 42,257 42,257 — 42,257 — Financial liabilities: Deposits $ 2,377,605 $ 2,338,868 $ — $ 2,338,868 $ — Repurchase agreements 11,385 11,385 — 11,385 — Fair value hedge 807 807 — 807 Interest rate swap 6,702 6,702 — 6,702 — Accrued interest payable 690 690 — 690 — Subordinated debt 73,030 74,774 — 74,774 —

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2022
Fair value of assets and liabilities
Schedule of Recurring Level III Assets	The following table represents recurring Level III assets as of the periods shown: (Dollars in thousands) Municipal Securities Embedded Derivatives Total Balance at December 31, 2021 $ 41,763 $ — $ 41,763 Realized gains included in earnings 9 — 9 Purchase of securities 1,048 — 1,048 Maturities/calls (3,207) — (3,207) Unrealized loss included in other comprehensive loss (4,270) — (4,270) Host contract executed $ — $ 787 $ 787 Balance at December 31, 2022 $ 35,343 $ 787 $ 36,130 Balance at December 31, 2020 $ 43,679 $ — $ 43,679 Purchase of securities 3,862 — 3,862 Maturities/calls (5,214) — (5,214) Unrealized loss included in other comprehensive income (564) — (564) Balance at December 31, 2021 $ 41,763 $ — $ 41,763
Quantitative Information About the Level III Significant Unobservable Inputs for Assets and Liabilities Measured at Fair Value	The following tables presents quantitative information about the Level III significant unobservable inputs for assets and liabilities measured at fair value at December 31, 2022 and 2021: Quantitative Information about Level III Fair Value Measurements (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2022 Nonrecurring measurements: Impaired loans $ 14,117 Appraisal of collateral 1 Appraisal adjustments 2 0% - 20% Liquidation expense 2 6% Other real estate owned $ 1,194 Appraisal of collateral 1 Appraisal adjustments 2 0% - 20% Liquidation expense 2 6% Other debt securities $ 7,500 Net asset value Cost minus impairment 0% Equity securities $ 33,362 Net asset value Cost minus impairment 0% Recurring measurements: Municipal securities 5 $ 35,343 Appraisal of bond 3 Bond appraisal adjustment 4 5% - 15% Embedded Derivatives $ 787 Monte Carlo pricing model Deferred payment $0 - $51.9 million Volatility 58% Term 5 years Risk free rate 3.95% Quantitative Information about Level III Fair Value Measurements (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2021 Nonrecurring measurements: Impaired loans $ 21,980 Appraisal of collateral 1 Appraisal adjustments 2 10% - 20% Liquidation expense 2 5% - 10% Other real estate owned $ 2,330 Appraisal of collateral 1 Appraisal adjustments 2 10% - 20% Liquidation expense 2 5% - 10% Other debt securities $ 7,500 Net asset value Cost minus impairment 0% Equity securities $ 32,155 Net asset value Cost minus impairment 0% Recurring measurements: Municipal securities 5 $ 41,763 Appraisal of bond 3 Bond appraisal adjustment 4 1% - 20% 1 Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level III inputs which are not identifiable. 2 Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted-average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. 3 Fair value determined through independent analysis of liquidity, rating, yield and duration. 4 Appraisals may be adjusted for qualitative factors, such as local economic conditions, liquidity, marketability and legal structure. 5 Municipal securities classified as Level III instruments are comprised of TIF bonds related to certain local municipal securities.
Recurring
Fair value of assets and liabilities
Financial Assets and Liabilities Measured at Fair Value	The following tables present the assets reported on the consolidated statements of financial condition at their fair value on a recurring basis as of December 31, 2022 and 2021 by level within the fair value hierarchy: December 31, 2022 (Dollars in thousands) Level I Level II Level III Total Assets: United States government agency securities $ — $ 44,814 $ — $ 44,814 United States sponsored mortgage-backed securities — 56,571 — 56,571 United States treasury securities — 120,909 — 120,909 Municipal securities — 103,293 35,343 138,636 Corporate debt securities — 10,560 — 10,560 Other securities — 824 — 824 Equity securities 5,382 — — 5,382 Loans held-for-sale — 24,898 — 24,898 Interest rate swap — 8,427 — 8,427 Bank-owned life insurance — 43,239 — 43,239 Embedded derivative — — 787 787 Liabilities: Interest rate swap — 8,427 — 8,427 Fair value hedge — 572 — 572 December 31, 2021 (Dollars in thousands) Level I Level II Level III Total Assets: United States government agency securities $ — $ 40,437 $ — $ 40,437 United States sponsored mortgage-backed securities — 76,108 — 76,108 United States treasury securities — 110,389 — 110,389 Municipal securities — 133,249 41,763 175,012 Corporate debt securities — 11,142 — 11,142 Other securities — 878 — 878 Equity securities 247 — — 247 Interest rate swap — 6,702 — 6,702 Fair value hedge — 1,552 — 1,552 Bank-owned life insurance — 42,257 — 42,257 Liabilities: Interest rate swap — 6,702 — 6,702 Fair value hedge — 807 — 807
Non-recurring
Fair value of assets and liabilities
Financial Assets and Liabilities Measured at Fair Value	Assets measured at fair value on a nonrecurring basis as of December 31, 2022 and 2021 are included in the table below: December 31, 2022 (Dollars in thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 14,117 $ 14,117 Other real estate owned — — 1,194 1,194 Other debt securities — — 7,500 7,500 Equity securities — — 33,362 33,362 December 31, 2021 (Dollars in thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 21,980 $ 21,980 Other real estate owned — — 2,330 2,330 Other debt securities — — 7,500 7,500 Equity securities — — 32,155 32,155

Comprehensive Income (Tables)

Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Reclassification Out of Accumulated Other Comprehensive Income	The following tables present the components of accumulated other comprehensive income (“AOCI”) for the years ended December 31: (Dollars in thousands) 2022 2021 2020 Details about AOCI Components Amount Reclassified from AOCI Amount Reclassified from AOCI Amount Reclassified from AOCI Consolidated Statement of Income Line Item Available-for-sale securities Unrealized holding gain $ 650 $ 3,875 $ 914 Gain on sale of available-for-sale securities 650 3,875 914 Total before tax (152) (908) (214) Income tax expense 498 2,967 700 Net of tax Defined benefit pension plan items Amortization of net actuarial loss (429) (507) (420) Salaries and employee benefits (429) (507) (420) Total before tax 103 119 98 Income tax benefit (326) (388) (322) Net of tax Investment hedge Carrying value adjustment 83 (862) 473 Interest on investment securities 83 (862) 473 Total before tax (21) 233 (128) Income tax benefit (expense) 62 (629) 345 Net of tax Total reclassifications $ 234 $ 1,950 $ 723
Components of Accumulated Other Comprehensive Income	(Dollars in thousands) Unrealized gains (losses) on available for-sale securities Defined benefit pension plan items Investment Hedge Total Balance at January 1, 2022 $ 147 $ (4,069) $ 316 $ (3,606) Other comprehensive income (loss) before reclassification (34,478) 614 — (33,864) Amounts reclassified from AOCI (498) 326 (62) (234) Net current period OCI (34,976) 940 (62) (34,098) Balance at December 31, 2022 $ (34,829) $ (3,129) $ 254 $ (37,704) Balance at January 1, 2021 $ 7,586 $ (5,047) $ (313) $ 2,226 Other comprehensive income (loss) before reclassification (4,472) 590 — (3,882) Amounts reclassified from AOCI (2,967) 388 629 (1,950) Net current period OCI (7,439) 978 629 (5,832) Balance at December 31, 2021 $ 147 $ (4,069) $ 316 $ (3,606)

Condensed Financial Statement_2

Condensed Financial Statements of Parent Company (Tables)	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheets	Condensed Balance Sheets December 31, (Dollars in thousands) 2022 2021 Assets Cash $ 31,085 $ 27,463 Investment in subsidiaries 277,173 322,002 Debt and equity securities 4,904 — Equity method investments 50,976 — Other assets 11,033 13,715 Total assets $ 375,171 $ 363,180 Liabilities and stockholders’ equity Other liabilities $ 31,036 $ 15,822 Senior term loan 9,765 — Subordinated debt 73,286 73,030 Total liabilities 114,087 88,852 Total stockholders’ equity 261,084 274,328 Total liabilities and stockholders’ equity $ 375,171 $ 363,180
Condensed Statements of Income	Condensed Statements of Income Year ended December 31, (Dollars in thousands) 2022 2021 2020 Income, dividends from the Bank $ 50,985 $ 19,165 $ 6,688 Operating expenses 27,774 22,458 16,804 Income (loss), before income taxes 23,211 (3,293) (10,116) Income tax benefit (3,450) (2,090) (2,082) Net income (loss) 26,661 (1,203) (8,034) Equity in undistributed income earnings of subsidiaries (11,614) 40,324 45,445 Net income $ 15,047 $ 39,121 $ 37,411 Preferred dividends $ — $ 35 $ 461 Net income available to common shareholders $ 15,047 $ 39,086 $ 36,950
Condensed Statements of Cash Flows	Condensed Statements of Cash Flows (Dollars in thousands) 2022 2021 2020 OPERATING ACTIVITIES Net income $ 15,047 $ 39,121 $ 37,411 Equity in undistributed earnings of subsidiaries 11,614 (40,324) (45,445) Stock-based compensation 3,217 3,208 2,278 Depreciation and amortization 269 175 12 Other assets (45,406) (6,849) (2,101) Other liabilities 16,358 11,215 1,755 Net cash from operating activities 1,099 6,546 (6,090) INVESTING ACTIVITIES Investment in subsidiaries (240) (15,871) (3,713) Net cash from investing activities (240) (15,871) (3,713) FINANCING ACTIVITIES Proceeds from stock issuance — — 240 Issuance of senior term loan, net of issuance costs 9,877 — — Issuance of subordinated debt, net of issuance costs — 29,448 40,000 Common stock repurchased — — (15,657) Preferred stock redemption — (7,334) — Common stock options exercised 1,399 4,930 4,464 Withholding cash issued in lieu of restricted stock — (249) — Issuance of subsidiary membership units — 500 — Principal payments on senior term loan (125) — — Stock purchase from noncontrolling interest (33) — — Cash dividends paid on common stock (8,355) (6,038) (4,275) Cash dividends paid on preferred stock — (35) (461) Net cash from financing activities 2,763 21,222 24,311 Net change in cash 3,622 11,897 14,508 Cash at beginning of period 27,463 15,566 1,058 Cash at end of period $ 31,085 $ 27,463 $ 15,566

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Information About the Reportable Segments and Reconciliation to the Consolidated Financial Statements	Information about the reportable segments and reconciliation to the consolidated financial statements for the years ended December 31, 2022, 2021 and 2020 are as follows: 2022 (Dollars in thousands) CoRe Banking Mortgage Banking Professional Services Edge Ventures Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 125,426 $ 429 $ — $ — $ 146 $ (44) $ 125,957 Interest expense $ 10,920 $ — $ 39 $ 5 $ 3,234 $ (44) $ 14,154 Net interest income (expense) $ 114,506 $ 429 $ (39) $ (5) $ (3,088) $ — $ 111,803 Provision for loan losses $ 14,194 $ — $ — $ — $ — $ — $ 14,194 Net interest income (expense) after provision for loan losses $ 100,312 $ 429 $ (39) $ (5) $ (3,088) $ — $ 97,609 Noninterest income $ 22,673 $ 37 $ 22,812 $ 459 $ 10,576 $ (18,263) $ 38,294 Noninterest Expenses: Salaries and employee benefits $ 36,960 $ 8 $ 15,276 $ 3,336 $ 16,582 $ — $ 72,162 Other expenses $ 44,873 $ 142 $ 5,233 $ 5,192 $ 8,049 $ (18,263) $ 45,226 Total noninterest expenses $ 81,833 $ 150 $ 20,509 $ 8,528 $ 24,631 $ (18,263) $ 117,388 Income (loss) before income taxes $ 41,152 $ 316 $ 2,264 $ (8,074) $ (17,143) $ — $ 18,515 Income taxes $ 8,882 $ 77 $ 567 $ (1,926) $ (3,472) $ — $ 4,128 Net income (loss) $ 32,270 $ 239 $ 1,697 $ (6,148) $ (13,671) $ — $ 14,387 Net loss attributable to noncontrolling interest $ — $ — $ 207 $ 453 $ — $ — $ 660 Net income (loss) available to common shareholders $ 32,270 $ 239 $ 1,904 $ (5,695) $ (13,671) $ — $ 15,047 Capital expenditures for the year ended December 31, 2022 $ 400 $ — $ 26 $ 2,202 $ 413 $ — $ 3,041 Total assets as of December 31, 2022 $ 3,014,475 $ 34,248 14,817 12,258 $ 375,171 $ (382,119) $ 3,068,850 Goodwill as of December 31, 2022 $ — $ — 3,988 $ — $ — $ — $ 3,988 2021 (Dollars in thousands) CoRe Banking Mortgage Banking Professional Services Edge Ventures Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 83,023 $ 411 $ (8) $ — $ 15 $ (12) $ 83,429 Interest expense $ 4,078 $ — $ 16 $ — $ 2,188 $ (12) $ 6,270 Net interest income (expense) $ 78,945 $ 411 $ (24) $ — $ (2,173) $ — $ 77,159 Provision for loan losses $ (6,274) $ (1) $ — $ — $ — $ — $ (6,275) Net interest income (expense) after provision for loan losses $ 85,219 $ 412 $ (24) $ — $ (2,173) $ — $ 83,434 Noninterest income $ 33,179 $ 16,342 $ 14,931 $ 71 $ 11,103 $ (13,030) $ 62,596 Noninterest Expenses: Salaries and employee benefits $ 33,595 $ — $ 10,949 $ 1,962 $ 13,704 $ — $ 60,210 Other expenses $ 37,033 $ 16 $ 4,095 $ 2,555 $ 6,573 $ (13,030) $ 37,242 Total noninterest expenses $ 70,628 $ 16 $ 15,044 $ 4,517 $ 20,277 $ (13,030) $ 97,452 Income (loss) before income taxes $ 47,770 $ 16,738 $ (137) $ (4,446) $ (11,347) $ — $ 48,578 Income taxes $ 9,154 $ 4,068 $ (105) $ (1,144) $ (2,091) $ — $ 9,882 Net income (loss) $ 38,616 $ 12,670 $ (32) $ (3,302) $ (9,256) $ — $ 38,696 Net loss attributable to noncontrolling interest $ — $ — $ 210 $ 215 $ — $ — $ 425 Net income (loss) attributable to parent $ 38,616 $ 12,670 $ 178 $ (3,087) $ (9,256) $ — $ 39,121 Preferred stock dividends $ — $ — $ — $ — $ 35 $ — $ 35 Net income (loss) available to common shareholders $ 38,616 $ 12,670 $ 178 $ (3,087) $ (9,291) $ — $ 39,086 Capital expenditures for the year ended December 31, 2021 $ 2,590 $ — $ 2,731 $ — $ 43 $ — $ 5,364 Total assets as of December 31, 2021 $ 2,804,840 $ 50,202 $ 13,210 $ 9,914 $ 363,971 $ (449,688) $ 2,792,449 Goodwill as of December 31, 2021 $ — $ — $ 3,988 $ — $ — $ — $ 3,988 2020 (Dollars in thousands) CoRe Banking Mortgage Banking Professional Services Edge Ventures Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 75,812 $ 6,269 $ — $ — $ 3 $ (1,631) $ 80,453 Interest expense $ 10,400 $ 3,139 $ — $ — $ 261 $ (2,173) $ 11,627 Net interest income (expense) $ 65,412 $ 3,130 $ — $ — $ (258) $ 542 $ 68,826 Provision for loan losses $ 16,649 $ (70) $ — $ — $ — $ — $ 16,579 Net interest income (expense) after provision for loan losses $ 48,763 $ 3,200 $ — $ — $ (258) $ 542 $ 52,247 Noninterest income $ 24,420 $ 63,490 $ 5,909 $ — $ 6,685 $ (8,667) $ 91,837 Noninterest Expenses: Salaries and employee benefits $ 25,808 $ 21,550 $ 2,993 $ — $ 11,278 $ — $ 61,629 Other expenses $ 31,389 $ 5,074 $ 1,909 $ — $ 5,265 $ (8,125) $ 35,512 Total noninterest expenses $ 57,197 $ 26,624 $ 4,902 $ — $ 16,543 $ (8,125) $ 97,141 Income (loss) before income taxes $ 15,986 $ 40,066 $ 1,007 $ — $ (10,116) $ — $ 46,943 Income taxes $ 1,479 $ 9,862 $ 273 $ — $ (2,082) $ — $ 9,532 Net income (loss) attributable to parent $ 14,507 $ 30,204 $ 734 $ — $ (8,034) $ — $ 37,411 Preferred stock dividends $ — $ — $ — $ — $ 461 $ — $ 461 Net income (loss) available to common shareholders $ 14,507 $ 30,204 $ 734 $ — $ (8,495) $ — $ 36,950 Capital expenditures for the year ended December 31, 2020 $ 6,439 $ 99 $ — $ — $ 77 $ — $ 6,615

Quarterly Financial Data (Una_2

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Data	Earnings Per Share (Dollars in thousands) Interest Income Net Interest Income Income Before Taxes Net Income Basic Diluted 2022 First quarter $ 23,262 $ 21,848 $ 3,576 $ 2,864 $ 0.24 $ 0.22 Second quarter 28,090 26,660 3,650 2,956 0.24 0.23 Third quarter 33,903 29,846 2,952 2,718 0.22 0.21 Fourth quarter 40,702 33,449 8,337 6,509 0.52 0.50 Earnings Per Share (Dollars in thousands) Interest Income Net Interest Income Income Before Taxes Net Income Basic Diluted 2021 First quarter $ 19,063 $ 17,505 $ 10,227 $ 8,085 $ 0.70 $ 0.66 Second quarter 20,833 19,055 10,836 9,247 0.79 0.73 Third quarter 20,484 19,096 14,838 11,828 1.00 0.92 Fourth quarter 23,049 21,503 12,675 9,959 0.83 0.77

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Other Narrative (Details)		1 Months Ended	12 Months Ended
	Oct. 01, 2022 USD ($)	Oct. 31, 2022 USD ($) shares	Dec. 31, 2022 USD ($) segment investment valuationMethod $ / shares	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2020 USD ($)	Jan. 01, 2023 USD ($)	Mar. 31, 2022	Apr. 30, 2021	Feb. 28, 2021
Summary of Significant Accounting Policies [Line Items]
Common stock issued related to acquisitions			$ 9,579,000	$ 600,000	$ 240,000
Number of equity method investments | investment			3
Period past due for loans to be considered as delinquent			90 days
Total valuation methods used on impaired loans | valuationMethod			3
Total loans serviced for others			$ 1,600,000	2,800,000
Other real estate			1,200,000	2,300,000
Deferred income tax valuation allowance			0
Liability for uncertain tax positions			0
Unrecognized tax benefits			$ 0
Number of reportable segments | segment			5
Expected charge to retained earnings			$ (144,911,000)	(138,219,000)
Loans receivable			2,372,645,000	1,869,838,000
LIBOR
Summary of Significant Accounting Policies [Line Items]
Loans receivable			$ 317,100,000
Software
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives			3 years
Minimum | Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-13 | Forecast
Summary of Significant Accounting Policies [Line Items]
Expected charge to retained earnings						$ 6,500,000
Minimum | Building
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives			7 years
Minimum | Furniture, Fixtures and Equipment
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives			3 years
Maximum | Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-13 | Forecast
Summary of Significant Accounting Policies [Line Items]
Expected charge to retained earnings						$ 7,000,000
Maximum | Building
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives			40 years
Maximum | Furniture, Fixtures and Equipment
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives			10 years
Subsidiary bank
Summary of Significant Accounting Policies [Line Items]
FHLB stock			$ 10,000,000	$ 1,800,000
FHLB stock par value (in dollars per share) | $ / shares			$ 100	$ 100
MVB Technology
Summary of Significant Accounting Policies [Line Items]
Ownership interest			93.40%
MVB Technology | Edge Ventures
Summary of Significant Accounting Policies [Line Items]
Ownership interest			93.40%
Flexia
Summary of Significant Accounting Policies [Line Items]
Ownership interest			80%						80%
Flexia | Edge Ventures
Summary of Significant Accounting Policies [Line Items]
Ownership interest			80%
Trabian
Summary of Significant Accounting Policies [Line Items]
Ownership interest			80.80%					80%
Warp Speed Holdings LLC
Summary of Significant Accounting Policies [Line Items]
Ownership interest							37.50%
Cash consideration	$ 38,400,000
Common stock issued related to acquisitions (in shares) | shares		313,030
Consideration issued as equity	$ 9,600,000
Number of trading days	20 days
Common stock issued related to acquisitions		$ 9,580,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Derivative Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair value hedge
Derivative [Line Items]
Notional amount	$ 10,900	$ 26,400
Carrying Value | Interest rate swap
Derivative [Line Items]
Fair value of interest rate swap agreements	8,427	6,702
Carrying Value | Fair value hedge
Derivative [Line Items]
Fair value of interest rate swap agreements		1,552
Fair value of interest rate swap hedge	$ 600	$ 700

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Fair Values of Investment Securities Available-for-sale (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	$ 427,128	$ 421,272
Unrealized Gain	2,485	4,833
Unrealized Loss	(49,799)	(4,639)
Investment securities available-for-sale	379,814	421,466
Total debt securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	426,304	420,394
Unrealized Gain	2,485	4,833
Unrealized Loss	(49,799)	(4,639)
Investment securities available-for-sale	378,990	420,588
United States government agency securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	51,436	41,105
Unrealized Gain	15	228
Unrealized Loss	(6,637)	(896)
Investment securities available-for-sale	44,814	40,437
United States sponsored mortgage-backed securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	68,267	77,519
Unrealized Gain	0	222
Unrealized Loss	(11,696)	(1,633)
Investment securities available-for-sale	56,571	76,108
United States treasury securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	130,689	112,133
Unrealized Gain	48	0
Unrealized Loss	(9,828)	(1,744)
Investment securities available-for-sale	120,909	110,389
Municipal securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	157,842	171,044
Unrealized Gain	2,412	4,334
Unrealized Loss	(21,618)	(366)
Investment securities available-for-sale	138,636	175,012
Corporate debt securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	10,570	11,093
Unrealized Gain	10	49
Unrealized Loss	(20)	0
Investment securities available-for-sale	10,560	11,142
Other debt securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	7,500	7,500
Unrealized Gain	0	0
Unrealized Loss	0	0
Investment securities available-for-sale	7,500	7,500
Other securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	824	878
Unrealized Gain	0	0
Unrealized Loss	0	0
Investment securities available-for-sale	$ 824	$ 878

Investment Securities - Summary

Investment Securities - Summary of Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Amortized Cost
Amortized Cost	$ 427,128	$ 421,272
Fair Value
Fair Value	379,814	421,466
Total debt securities
Amortized Cost
Within one year	5,034
After one year, but within five years	140,570
After five years, but within ten years	41,366
After ten years	239,334
Amortized Cost	426,304	420,394
Fair Value
Within one year	5,033
After one year, but within five years	130,614
After five years, but within ten years	37,368
After ten years	205,975
Fair Value	$ 378,990	$ 420,588

Investment Securities - Summa_2

Investment Securities - Summary of Unrealized Loss Positions (Details) $ in Thousands	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan
Investments in an unrealized loss position
Amortized cost	$ 427,128	$ 421,272
Amount of pretax loss if securities in an unrealized loss position are sold	49,800
Investments in an Unrealized Loss Position
Less than 12 months, fair value	108,486	203,065
Less than 12 months, unrealized loss	(10,446)	(3,437)
12 months or more, fair value	212,317	36,616
12 months or more, unrealized loss	(39,353)	(1,202)
Asset Pledged as Collateral | Public Funds, Repurchase Agreements, and Potential Borrowings
Investments in an unrealized loss position
Amortized cost	91,300	244,600
United States government agency securities
Investments in an unrealized loss position
Amortized cost	$ 51,436	$ 41,105
Description and number of positions
Number of investments in an unrealized loss position, AFS | loan	32	21
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 21,287	$ 5,101
Less than 12 months, unrealized loss	(1,937)	(77)
12 months or more, fair value	19,423	21,770
12 months or more, unrealized loss	(4,700)	(819)
United States sponsored mortgage-backed securities
Investments in an unrealized loss position
Amortized cost	$ 68,267	$ 77,519
Description and number of positions
Number of investments in an unrealized loss position, AFS | loan	51	30
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 6,953	$ 55,354
Less than 12 months, unrealized loss	(852)	(1,346)
12 months or more, fair value	49,618	7,845
12 months or more, unrealized loss	(10,844)	(287)
United States treasury securities
Investments in an unrealized loss position
Amortized cost	$ 130,689	$ 112,133
Description and number of positions
Number of investments in an unrealized loss position, AFS | loan	29	24
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 11,936	$ 110,389
Less than 12 months, unrealized loss	(130)	(1,744)
12 months or more, fair value	102,092	0
12 months or more, unrealized loss	$ (9,698)	$ 0
Municipal securities
Description and number of positions
Number of investments in an unrealized loss position, AFS | loan	173	53
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 65,930	$ 32,221
Less than 12 months, unrealized loss	(7,507)	(270)
12 months or more, fair value	41,184	7,001
12 months or more, unrealized loss	(14,111)	(96)
Corporate debt securities
Investments in an unrealized loss position
Amortized cost	$ 10,570	$ 11,093
Description and number of positions
Number of investments in an unrealized loss position, AFS | loan	3	9
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 2,380	$ 0
Less than 12 months, unrealized loss	(20)	0
12 months or more, fair value	0	0
12 months or more, unrealized loss	$ 0	$ 0

Investment Securities - Gains (

Investment Securities - Gains (losses) on sales of investments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Sales of available-for-sale investment securities	$ 60,635	$ 146,011	$ 54,023
Gains, gross	717	3,944	948
Losses, gross	(67)	(69)	(34)
Proceeds from sales of equity securities	1,356	543	4,622
Gains, gross	158	5	3,501
Losses, gross	(214)	0	0
Holding gain (loss) on equity securities	$ (1,543)	$ 3,776	$ 374

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Loan Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Components of loans
Total loans, excluding PCI	$ 2,368,180	$ 1,852,772
Collectively evaluated for impairment	2,354,802	1,845,481
Total loans	2,370,662	1,871,447
Deferred loan origination costs and (fees), net	1,983	(1,609)
Loans receivable	2,372,645	1,869,838
Servicing asset	164,100	347,500
Purchased credit impaired loans
Components of loans
Collectively evaluated for impairment	2,482	18,675
Total commercial
Components of loans
Total loans, excluding PCI	1,610,910	1,480,527
Collectively evaluated for impairment	1,599,094	1,477,879
Total loans	1,610,910	1,494,431
Total commercial | Business
Components of loans
Total loans, excluding PCI	851,072	818,986
Collectively evaluated for impairment	840,621	808,661
Total loans	851,072	821,615
Total commercial | Real estate
Components of loans
Total loans, excluding PCI	632,839	561,718
Collectively evaluated for impairment	631,474	570,530
Total loans	632,839	572,736
Total commercial | Acquisition, development and construction
Components of loans
Total loans, excluding PCI	126,999	99,823
Collectively evaluated for impairment	126,999	98,688
Total loans	126,999	100,080
Total commercial | Purchased credit impaired loans
Components of loans
Collectively evaluated for impairment	0	13,904
Total commercial | Purchased credit impaired loans | Business
Components of loans
Collectively evaluated for impairment	0	2,629
Total commercial | Purchased credit impaired loans | Real estate
Components of loans
Collectively evaluated for impairment	0	11,018
Total commercial | Purchased credit impaired loans | Acquisition, development and construction
Components of loans
Collectively evaluated for impairment	0	257
Residential
Components of loans
Total loans, excluding PCI	606,970	306,140
Collectively evaluated for impairment	606,849	301,733
Total loans	609,452	310,498
Residential | Purchased credit impaired loans
Components of loans
Collectively evaluated for impairment	2,482	4,358
Home equity lines of credit
Components of loans
Total loans, excluding PCI	18,734	22,186
Collectively evaluated for impairment	18,644	21,969
Total loans	18,734	22,186
Consumer
Components of loans
Total loans, excluding PCI	131,566	43,919
Collectively evaluated for impairment	130,215	43,900
Total loans	131,566	44,332
Consumer | Purchased credit impaired loans
Components of loans
Collectively evaluated for impairment	$ 0	$ 413

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Primary Segments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Primary segments of the loan portfolio:
Individually evaluated for impairment	$ 15,860	$ 25,966
Collectively evaluated for impairment	2,354,802	1,845,481
Total loans	2,370,662	1,871,447
Purchased credit impaired loans
Primary segments of the loan portfolio:
Collectively evaluated for impairment	2,482	18,675
Total Commercial
Primary segments of the loan portfolio:
Individually evaluated for impairment	11,816	16,552
Collectively evaluated for impairment	1,599,094	1,477,879
Total loans	1,610,910	1,494,431
Total Commercial | Business
Primary segments of the loan portfolio:
Individually evaluated for impairment	10,451	12,954
Collectively evaluated for impairment	840,621	808,661
Total loans	851,072	821,615
Total Commercial | Real estate
Primary segments of the loan portfolio:
Individually evaluated for impairment	1,365	2,206
Collectively evaluated for impairment	631,474	570,530
Total loans	632,839	572,736
Total Commercial | Acquisition, development and construction
Primary segments of the loan portfolio:
Individually evaluated for impairment	0	1,392
Collectively evaluated for impairment	126,999	98,688
Total loans	126,999	100,080
Total Commercial | Purchased credit impaired loans
Primary segments of the loan portfolio:
Collectively evaluated for impairment	0	13,904
Total Commercial | Purchased credit impaired loans | Business
Primary segments of the loan portfolio:
Collectively evaluated for impairment	0	2,629
Total Commercial | Purchased credit impaired loans | Real estate
Primary segments of the loan portfolio:
Collectively evaluated for impairment	0	11,018
Total Commercial | Purchased credit impaired loans | Acquisition, development and construction
Primary segments of the loan portfolio:
Collectively evaluated for impairment	0	257
Residential
Primary segments of the loan portfolio:
Individually evaluated for impairment	2,603	8,765
Collectively evaluated for impairment	606,849	301,733
Total loans	609,452	310,498
Residential | Purchased credit impaired loans
Primary segments of the loan portfolio:
Collectively evaluated for impairment	2,482	4,358
Home equity lines of credit
Primary segments of the loan portfolio:
Individually evaluated for impairment	90	217
Collectively evaluated for impairment	18,644	21,969
Total loans	18,734	22,186
Consumer
Primary segments of the loan portfolio:
Individually evaluated for impairment	1,351	432
Collectively evaluated for impairment	130,215	43,900
Total loans	131,566	44,332
Consumer | Purchased credit impaired loans
Primary segments of the loan portfolio:
Collectively evaluated for impairment	$ 0	$ 413

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Impaired loans by class
Impaired loans with specific allowance, recorded investment	$ 6,023	$ 3,069
Impaired loans with specific allowance, related allowance	1,743	475
Impaired loans with no specific allowance, recorded investment	9,837	19,386
Total impaired loans, recorded investment	15,860	22,455
Total impaired loans, unpaid principal balance	22,325	25,845
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	22,549	16,210	$ 12,965
Interest Income Recognized on Accrual Basis	80	75	183
Interest Income Recognized on Cash Basis	80	57	196
Total Commercial
Impaired loans by class
Impaired loans with specific allowance, recorded investment	4,676	3,069
Impaired loans with specific allowance, related allowance	1,475	475
Impaired loans with no specific allowance, recorded investment	7,140	10,731
Total impaired loans, recorded investment	11,816	13,800
Total impaired loans, unpaid principal balance	18,209	17,146
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	14,533	10,096	10,330
Interest Income Recognized on Accrual Basis	65	60	164
Interest Income Recognized on Cash Basis	65	43	177
Total Commercial | Business
Impaired loans by class
Impaired loans with specific allowance, recorded investment	3,436	2,401
Impaired loans with specific allowance, related allowance	1,253	232
Impaired loans with no specific allowance, recorded investment	7,015	8,796
Total impaired loans, recorded investment	10,451	11,197
Total impaired loans, unpaid principal balance	15,324	13,010
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	12,781	7,701	6,066
Interest Income Recognized on Accrual Basis	8	0	0
Interest Income Recognized on Cash Basis	6	0	0
Total Commercial | Real estate
Impaired loans by class
Impaired loans with specific allowance, recorded investment	1,240	668
Impaired loans with specific allowance, related allowance	222	243
Impaired loans with no specific allowance, recorded investment	125	543
Total impaired loans, recorded investment	1,365	1,211
Total impaired loans, unpaid principal balance	1,470	1,329
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	1,479	2,051	3,057
Interest Income Recognized on Accrual Basis	57	60	97
Interest Income Recognized on Cash Basis	59	43	104
Total Commercial | Acquisition, development and construction
Impaired loans by class
Impaired loans with specific allowance, recorded investment	0	0
Impaired loans with specific allowance, related allowance	0	0
Impaired loans with no specific allowance, recorded investment	0	1,392
Total impaired loans, recorded investment	0	1,392
Total impaired loans, unpaid principal balance	1,415	2,807
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	273	344	1,207
Interest Income Recognized on Accrual Basis	0	0	67
Interest Income Recognized on Cash Basis	0	0	73
Residential
Impaired loans by class
Impaired loans with specific allowance, recorded investment	0	0
Impaired loans with specific allowance, related allowance	0	0
Impaired loans with no specific allowance, recorded investment	2,603	8,179
Total impaired loans, recorded investment	2,603	8,179
Total impaired loans, unpaid principal balance	2,671	8,219
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	6,952	5,992	2,541
Interest Income Recognized on Accrual Basis	15	15	19
Interest Income Recognized on Cash Basis	15	14	19
Home equity lines of credit
Impaired loans by class
Impaired loans with specific allowance, recorded investment	0	0
Impaired loans with specific allowance, related allowance	0	0
Impaired loans with no specific allowance, recorded investment	90	217
Total impaired loans, recorded investment	90	217
Total impaired loans, unpaid principal balance	94	221
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	149	81	87
Interest Income Recognized on Accrual Basis	0	0	0
Interest Income Recognized on Cash Basis	0	0	0
Consumer
Impaired loans by class
Impaired loans with specific allowance, recorded investment	1,347	0
Impaired loans with specific allowance, related allowance	268	0
Impaired loans with no specific allowance, recorded investment	4	259
Total impaired loans, recorded investment	1,351	259
Total impaired loans, unpaid principal balance	1,351	259
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	915	41	7
Interest Income Recognized on Accrual Basis	0	0	0
Interest Income Recognized on Cash Basis	$ 0	$ 0	$ 0

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) property Category loan	Dec. 31, 2021 USD ($) property loan
Activity in the allowance for loan losses:
Number of additional collateralized loans in the process of foreclosure | loan	10	6
Investment in loans in the process of foreclosure	$ 2.1	$ 0.4
Foreclosed properties held	$ 1.2	$ 2.4
Number foreclosed properties held | property		4
Number of points in internal risk rating system | Category	9
Number of categories in internal risk rating system considered as not criticized | Category	6
Commercial relationship credit review threshold amount	$ 1
Past due period before loans placed in non-accrual status	90 days
Recent loan payment history before removal from non-accrual status	6 months
Residential
Activity in the allowance for loan losses:
Foreclosed properties held	$ 0.2	$ 0.2
Number foreclosed properties held | property	5
Increase (decrease) in impaired loans (percentage)	16.70%	7.30%
Total Commercial
Activity in the allowance for loan losses:
Foreclosed properties held	$ 1
Number foreclosed properties held | property	3
Increase (decrease) in impaired loans (percentage)	83.30%	92.70%
Consumer
Activity in the allowance for loan losses:
Number of additional collateralized loans in the process of foreclosure | property		10
Investment in loans in the process of foreclosure		$ 2.2

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Internal Risk Rating Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	$ 2,370,662	$ 1,871,447
Total Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	1,610,910	1,494,431
Total Commercial | Business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	851,072	821,615
Total Commercial | Real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	632,839	572,736
Total Commercial | Acquisition, development and construction
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	126,999	100,080
Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	609,452	310,498
Home equity lines of credit
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	18,734	22,186
Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	131,566	44,332
Pass
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	2,299,448	1,770,237
Pass | Total Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	1,544,104	1,405,845
Pass | Total Commercial | Business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	830,319	789,101
Pass | Total Commercial | Real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	592,997	526,851
Pass | Total Commercial | Acquisition, development and construction
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	120,788	89,893
Pass | Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	605,513	299,291
Pass | Home equity lines of credit
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	18,269	21,582
Pass | Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	131,562	43,519
Special Mention
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	31,258	31,114
Special Mention | Total Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	30,123	29,804
Special Mention | Total Commercial | Business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	5,963	12,246
Special Mention | Total Commercial | Real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	18,883	12,598
Special Mention | Total Commercial | Acquisition, development and construction
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	5,277	4,960
Special Mention | Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	760	899
Special Mention | Home equity lines of credit
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	375	387
Special Mention | Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	0	24
Substandard
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	35,287	63,864
Substandard | Total Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	33,637	53,599
Substandard | Total Commercial | Business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	12,103	18,143
Substandard | Total Commercial | Real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	20,600	31,293
Substandard | Total Commercial | Acquisition, development and construction
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	934	4,163
Substandard | Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	1,556	9,815
Substandard | Home equity lines of credit
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	90	191
Substandard | Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	4	259
Doubtful
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	4,669	6,232
Doubtful | Total Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	3,046	5,183
Doubtful | Total Commercial | Business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	2,687	2,125
Doubtful | Total Commercial | Real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	359	1,994
Doubtful | Total Commercial | Acquisition, development and construction
Classes of the loan portfolio summarized by credit quality indicators:
Total loans		1,064
Doubtful | Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	1,623	493
Doubtful | Home equity lines of credit
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	0	26
Doubtful | Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans	$ 0	$ 530

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Aging (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) component	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Aging categories of performing loans and nonaccrual loans
Total loans	$ 2,370,662	$ 1,871,447
Non-Accrual	11,165	17,957
90+ Days Still Accruing	0	0
Increased amount of interest income on loans	$ 500	400	$ 600
Allowance for loan losses, number of evaluation components | component	2
Impaired loans collectively evaluated	$ 100	100	$ 100
Liability for unfunded commitments	500	500
Total Commercial
Aging categories of performing loans and nonaccrual loans
Total loans	1,610,910	1,494,431
Non-Accrual	7,528	9,845
90+ Days Still Accruing	0	0
Total Commercial | Business
Aging categories of performing loans and nonaccrual loans
Total loans	851,072	821,615
Non-Accrual	7,528	8,261
90+ Days Still Accruing	0	0
Total Commercial | Real estate
Aging categories of performing loans and nonaccrual loans
Total loans	632,839	572,736
Non-Accrual	0	192
90+ Days Still Accruing	0	0
Total Commercial | Acquisition, development and construction
Aging categories of performing loans and nonaccrual loans
Total loans	126,999	100,080
Non-Accrual	0	1,392
90+ Days Still Accruing	0	0
Residential
Aging categories of performing loans and nonaccrual loans
Total loans	609,452	310,498
Non-Accrual	2,196	7,636
90+ Days Still Accruing	0	0
Home equity lines of credit
Aging categories of performing loans and nonaccrual loans
Total loans	18,734	22,186
Non-Accrual	90	217
90+ Days Still Accruing	0	0
Consumer
Aging categories of performing loans and nonaccrual loans
Total loans	131,566	44,332
Non-Accrual	1,351	259
90+ Days Still Accruing	0	0
Current
Aging categories of performing loans and nonaccrual loans
Total loans	2,355,139	1,853,356
Current | Total Commercial
Aging categories of performing loans and nonaccrual loans
Total loans	1,609,950	1,485,211
Current | Total Commercial | Business
Aging categories of performing loans and nonaccrual loans
Total loans	850,112	816,638
Current | Total Commercial | Real estate
Aging categories of performing loans and nonaccrual loans
Total loans	632,839	569,792
Current | Total Commercial | Acquisition, development and construction
Aging categories of performing loans and nonaccrual loans
Total loans	126,999	98,781
Current | Residential
Aging categories of performing loans and nonaccrual loans
Total loans	606,554	303,940
Current | Home equity lines of credit
Aging categories of performing loans and nonaccrual loans
Total loans	18,131	21,974
Current | Consumer
Aging categories of performing loans and nonaccrual loans
Total loans	120,504	42,231
30-59 Days Past Due
Aging categories of performing loans and nonaccrual loans
Total loans	9,271	7,012
30-59 Days Past Due | Total Commercial
Aging categories of performing loans and nonaccrual loans
Total loans	0	2,181
30-59 Days Past Due | Total Commercial | Business
Aging categories of performing loans and nonaccrual loans
Total loans	0	1,718
30-59 Days Past Due | Total Commercial | Real estate
Aging categories of performing loans and nonaccrual loans
Total loans	0	396
30-59 Days Past Due | Total Commercial | Acquisition, development and construction
Aging categories of performing loans and nonaccrual loans
Total loans	0	67
30-59 Days Past Due | Residential
Aging categories of performing loans and nonaccrual loans
Total loans	1,820	3,620
30-59 Days Past Due | Home equity lines of credit
Aging categories of performing loans and nonaccrual loans
Total loans	603	0
30-59 Days Past Due | Consumer
Aging categories of performing loans and nonaccrual loans
Total loans	6,848	1,211
60-89 Days Past Due
Aging categories of performing loans and nonaccrual loans
Total loans	4,905	1,749
60-89 Days Past Due | Total Commercial
Aging categories of performing loans and nonaccrual loans
Total loans	960	884
60-89 Days Past Due | Total Commercial | Business
Aging categories of performing loans and nonaccrual loans
Total loans	960	11
60-89 Days Past Due | Total Commercial | Real estate
Aging categories of performing loans and nonaccrual loans
Total loans	0	461
60-89 Days Past Due | Total Commercial | Acquisition, development and construction
Aging categories of performing loans and nonaccrual loans
Total loans	0	412
60-89 Days Past Due | Residential
Aging categories of performing loans and nonaccrual loans
Total loans	1,078	285
60-89 Days Past Due | Home equity lines of credit
Aging categories of performing loans and nonaccrual loans
Total loans	0	119
60-89 Days Past Due | Consumer
Aging categories of performing loans and nonaccrual loans
Total loans	2,867	461
90+ Days Past Due
Aging categories of performing loans and nonaccrual loans
Total loans	1,347	9,330
90+ Days Past Due | Total Commercial
Aging categories of performing loans and nonaccrual loans
Total loans	0	6,155
90+ Days Past Due | Total Commercial | Business
Aging categories of performing loans and nonaccrual loans
Total loans	0	3,248
90+ Days Past Due | Total Commercial | Real estate
Aging categories of performing loans and nonaccrual loans
Total loans	0	2,087
90+ Days Past Due | Total Commercial | Acquisition, development and construction
Aging categories of performing loans and nonaccrual loans
Total loans	0	820
90+ Days Past Due | Residential
Aging categories of performing loans and nonaccrual loans
Total loans	0	2,653
90+ Days Past Due | Home equity lines of credit
Aging categories of performing loans and nonaccrual loans
Total loans	0	93
90+ Days Past Due | Consumer
Aging categories of performing loans and nonaccrual loans
Total loans	1,347	429
Past Due
Aging categories of performing loans and nonaccrual loans
Total loans	15,523	18,091
Past Due | Total Commercial
Aging categories of performing loans and nonaccrual loans
Total loans	960	9,220
Past Due | Total Commercial | Business
Aging categories of performing loans and nonaccrual loans
Total loans	960	4,977
Past Due | Total Commercial | Real estate
Aging categories of performing loans and nonaccrual loans
Total loans	0	2,944
Past Due | Total Commercial | Acquisition, development and construction
Aging categories of performing loans and nonaccrual loans
Total loans	0	1,299
Past Due | Residential
Aging categories of performing loans and nonaccrual loans
Total loans	2,898	6,558
Past Due | Home equity lines of credit
Aging categories of performing loans and nonaccrual loans
Total loans	603	212
Past Due | Consumer
Aging categories of performing loans and nonaccrual loans
Total loans	$ 11,062	$ 2,101

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Changes in the allowance for loan losses
Balance at beginning of period	$ 18,266	$ 25,844	$ 11,775
Charge-offs	(15,183)	(1,619)	(2,190)
Recoveries	6,560	316	34
Provision (release)	14,194	(6,275)	16,579
Allowance contributed with mortgage combination transaction			(354)
Balance at end of period	23,837	18,266	25,844
Individually evaluated for impairment	1,743	475	1,296
Collectively evaluated for impairment	22,094	17,791	24,548
Total Commercial
Changes in the allowance for loan losses
Balance at beginning of period	14,100	24,033	10,098
Charge-offs	(2,858)	(1,367)	(1,932)
Recoveries	183	231	22
Provision (release)	4,114	(8,797)	15,845
Allowance contributed with mortgage combination transaction			0
Balance at end of period	15,539	14,100	24,033
Individually evaluated for impairment	1,475	475	1,296
Collectively evaluated for impairment	14,064	13,625	22,737
Total Commercial | Business
Changes in the allowance for loan losses
Balance at beginning of period	8,027	12,193	6,197
Charge-offs	(2,858)	(1,284)	(1,909)
Recoveries	56	231	15
Provision (release)	3,546	(3,113)	7,890
Allowance contributed with mortgage combination transaction			0
Balance at end of period	8,771	8,027	12,193
Individually evaluated for impairment	1,253	232	1,034
Collectively evaluated for impairment	7,518	7,795	11,159
Total Commercial | Real estate
Changes in the allowance for loan losses
Balance at beginning of period	5,091	9,079	2,988
Charge-offs	0	(83)	(23)
Recoveries	127	0	7
Provision (release)	486	(3,905)	6,107
Allowance contributed with mortgage combination transaction			0
Balance at end of period	5,704	5,091	9,079
Individually evaluated for impairment	222	243	262
Collectively evaluated for impairment	5,482	4,848	8,817
Total Commercial | Acquisition, development and construction
Changes in the allowance for loan losses
Balance at beginning of period	982	2,761	913
Charge-offs	0	0	0
Recoveries	0	0	0
Provision (release)	82	(1,779)	1,848
Allowance contributed with mortgage combination transaction			0
Balance at end of period	1,064	982	2,761
Individually evaluated for impairment	0	0	0
Collectively evaluated for impairment	1,064	982	2,761
Residential
Changes in the allowance for loan losses
Balance at beginning of period	1,492	1,462	1,272
Charge-offs	(84)	(5)	(235)
Recoveries	0	0	0
Provision (release)	1,472	35	779
Allowance contributed with mortgage combination transaction			(354)
Balance at end of period	2,880	1,492	1,462
Individually evaluated for impairment	0	0	0
Collectively evaluated for impairment	2,880	1,492	1,462
Home equity lines of credit
Changes in the allowance for loan losses
Balance at beginning of period	128	298	327
Charge-offs	0	0	(23)
Recoveries	7	24	9
Provision (release)	(4)	(194)	(15)
Allowance contributed with mortgage combination transaction			0
Balance at end of period	131	128	298
Individually evaluated for impairment	0	0	0
Collectively evaluated for impairment	131	128	298
Consumer
Changes in the allowance for loan losses
Balance at beginning of period	2,546	51	78
Charge-offs	(12,241)	(247)	0
Recoveries	6,370	61	3
Provision (release)	8,612	2,681	(30)
Allowance contributed with mortgage combination transaction			0
Balance at end of period	5,287	2,546	51
Individually evaluated for impairment	268	0	0
Collectively evaluated for impairment	$ 5,019	$ 2,546	$ 51

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan borrower	Dec. 31, 2021 USD ($) contract
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Specific reserve allocations for TDR's	$ 400	$ 500
Troubled debt restructuring loans	10,400	$ 12,600
Number of Contracts | contract		2
Pre-Modification Outstanding Recorded Investment		$ 5,200
Post-Modification Outstanding Recorded Investment		$ 4,836
Acquisition, development and construction
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	$ 5,700
Number of restructured loans | loan	9
Number of borrowers defaulted | borrower	7
Total Commercial
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract		2
Pre-Modification Outstanding Recorded Investment		$ 5,200
Post-Modification Outstanding Recorded Investment		$ 4,836
Total Commercial | Business
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract		2
Pre-Modification Outstanding Recorded Investment		$ 5,200
Post-Modification Outstanding Recorded Investment		$ 4,836
Total Commercial | Real estate
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract		0
Pre-Modification Outstanding Recorded Investment		$ 0
Post-Modification Outstanding Recorded Investment		$ 0
Residential
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract		0
Pre-Modification Outstanding Recorded Investment		$ 0
Post-Modification Outstanding Recorded Investment		0
Accruing
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Troubled debt restructuring loans	$ 4,700	$ 4,500
Accruing | Portfolio Risk | Troubled Debt Restructured Loans
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Concentration risk, percentage	45%	21%
Commercial Borrower One | Acquisition, development and construction
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	$ 1,900
Commercial Borrower Two | Restructured Equipment Loan
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	500
Commercial Borrower Three | Acquisition, development and construction
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	3,100
Commercial Borrowers Four through Seven | Acquisition, development and construction
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	$ 200

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - PPP Loans and CARES Act Deferrals (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
Total loans	$ 2,370,662	$ 1,871,447
Special Mention
Financing Receivable, Impaired [Line Items]
Total loans	31,258	31,114
Consumer
Financing Receivable, Impaired [Line Items]
Total loans	131,566	44,332
Loans approved for modification		10,800
Consumer | Special Mention
Financing Receivable, Impaired [Line Items]
Total loans	0	24
Total Commercial
Financing Receivable, Impaired [Line Items]
Total loans	1,610,910	1,494,431
Loans approved for modification		0
Total Commercial | Special Mention
Financing Receivable, Impaired [Line Items]
Total loans	30,123	$ 29,804
SBA PPP
Financing Receivable, Impaired [Line Items]
Original balance of loans	7,900
Total loans	5,600
SBA PPP | Special Mention
Financing Receivable, Impaired [Line Items]
Total loans	$ 2,000

Premises and Equipment - Premis

Premises and Equipment - Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Premises and equipment
Gross premises and equipment	$ 43,863	$ 41,301
Accumulated depreciation	(20,210)	(16,249)
Premises and equipment, net	23,653	25,052
Land
Premises and equipment
Gross premises and equipment	3,465	3,465
Buildings and improvements
Premises and equipment
Gross premises and equipment	13,393	13,393
Furniture, fixtures and equipment
Premises and equipment
Gross premises and equipment	17,642	16,841
Software
Premises and equipment
Gross premises and equipment	6,019	4,176
Construction in progress
Premises and equipment
Gross premises and equipment	508	531
Leasehold improvements
Premises and equipment
Gross premises and equipment	$ 2,836	$ 2,895

Premises and Equipment - Narrat

Premises and Equipment - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 4,400	$ 3,300	$ 3,000
Lease liabilities	15,000	$ 18,600
Right-of-use assets	$ 13,900
Operating lease lease, weighted average remaining lease term	11 years 7 months 6 days	12 years
Operating lease, weighted average discount rate	3%	2.80%
Operating lease, liability	$ 15,010	$ 18,500
Finance lease, liability		100
Operating lease right-of-use asset		$ 17,500
Finance lease, weighted average remaining lease term		1 year 9 months 18 days
Finance lease, weighted average discount rate		2%
Finance lease, liability, statement of financial position [Extensible Enumeration]	Accrued interest payable and other liabilities	Accrued interest payable and other liabilities
Operating lease, liability, statement of financial position [Extensible Enumeration]	Accrued interest payable and other liabilities	Accrued interest payable and other liabilities
Operating lease, right-of-use asset, statement of financial position [Extensible Enumeration]	Accrued interest receivable and other assets	Accrued interest receivable and other assets

Premises and Equipment - Lease

Premises and Equipment - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Amortization of right-of-use assets, finance leases	$ 57	$ 59
Interest on lease liabilities, finance leases	0	2
Operating lease cost	1,781	1,966
Short-term lease cost	32	5
Variable lease cost	38	38
Total lease cost	$ 1,908	$ 2,070

Premises and Equipment - Leas_2

Premises and Equipment - Lease Liability (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
2023	$ 1,655
2024	1,579
2025	1,576
2026	1,584
2027	1,625
2028 and thereafter	10,111
Total future minimum lease payments	18,130
Less: Amounts representing interest	(3,120)
Present value of net future minimum lease payments	$ 15,010	$ 18,500

Equity Method Investments (Deta

Equity Method Investments (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan	Dec. 31, 2020 USD ($)	Oct. 31, 2022
Schedule of Equity Method Investments [Line Items]
Net income	$ 6,509	$ 2,718	$ 2,956	$ 2,864	$ 9,959	$ 11,828	$ 9,247	$ 8,085	$ 15,047	$ 39,121	$ 37,411
Equity method investments income (loss)									(713)	17,428	24,174
Locked mortgage pipeline	$ 700,000				$ 1,000,000				700,000	1,000,000
Share of net loss from equity method investment									$ 713	(17,428)	$ (27,574)
Intercoastal
Schedule of Equity Method Investments [Line Items]
Ownership percentage	40%								40%
Equity method investments income (loss)									$ 0	16,400
Warp Speed Holdings LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage												37.50%
Ayers Socure II
Schedule of Equity Method Investments [Line Items]
Ownership percentage	10%								10%
Socure Inc.
Schedule of Equity Method Investments [Line Items]
Ownership percentage in equity security investment	1%								1%
Interchecks
Schedule of Equity Method Investments [Line Items]
Ownership percentage	9%								9%
Share of net loss from equity method investment									$ 700
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Intercoastal
Schedule of Equity Method Investments [Line Items]
Total revenues									67,207	153,549
Net income									343	41,381
Gain on sale of loans									$ 44,921	$ 150,896
Volume of loans sold | loan									2,325,709,000	5,326,757,000

Deposits - Schedule of Deposits

Deposits - Schedule of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Demand deposits of individuals, partnerships and corporations
Noninterest-bearing demand	$ 1,231,544	$ 1,120,433
Interest-bearing demand	720,074	651,016
Savings and money markets	284,447	510,068
Time deposits, including CDs and IRAs	334,417	96,088
Total deposits	2,570,482	2,377,605
Time deposits that meet or exceed the FDIC insurance limit	$ 4,386	$ 9,573

Deposits - Maturities of Time D

Deposits - Maturities of Time Deposits (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Maturities of Time Deposits
2023	$ 263,254
2024	64,010
2025	3,819
2026	687
2027	2,394
Thereafter	253
Total	334,417
Overdrawn deposits	$ 1,100

Borrowed Funds - Short-term Bor

Borrowed Funds - Short-term Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Borrowed funds
Maximum borrowing capacity with the FHLB	$ 751,400
Remaining maximum borrowing capacity with the FHLB	539,300
Short-term Borrowings from FHLB
Short-term Borrowings and Repurchase Agreements
Balance at end of year	102,333	$ 0
Average balance during the year	15,494	25,275
Maximum month-end balance	$ 102,333	$ 130,047
Weighted-average rate during the year	2.82%	0.05%
Weighted-average rate at December 31	4.45%	0%
Federal Funds Purchased
Short-term Borrowings and Repurchase Agreements
Balance at end of year	$ 0	$ 0

Borrowed Funds - Long-term Borr

Borrowed Funds - Long-term Borrowings (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Borrowings from the FHLB	$ 0	$ 0

Borrowed Funds - Repurchase Agr

Borrowed Funds - Repurchase Agreements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Investment Securities
Borrowed funds
Investment securities held as collateral	$ 10,400	$ 15,800
Repurchase Agreements
Borrowed funds
Balance at end of year	10,037	11,385
Average balance during the year	10,987	10,821
Maximum month-end balance	$ 12,680	$ 11,398
Weighted-average rate during the year	0.05%	0.12%
Weighted-average rate at December 31	0.06%	0.05%

Borrowed Funds - Subordinated D

Borrowed Funds - Subordinated Debt (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Sep. 30, 2021	Nov. 30, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Oct. 31, 2022	Mar. 31, 2007
Subordinated Debt
Balance at end of year			$ 73,286	$ 73,030
Interest expense on borrowed funds			3,072	2,188	$ 261
Subordinated Debt
Subordinated Debt
Balance at end of year			73,286	73,030
Average balance during the year			73,159	51,149
Maximum month-end balance			$ 73,286	$ 73,030
Weighted-average rate during the year			4.20%	4.28%
Weighted-average rate at December 31			3.97%	3.71%
Face amount of debt issued	$ 30,000	$ 40,000
Term of debt instrument	10 years	10 years
Interest rate on debt security	3.25%	4.25%
Interest expense on borrowed funds			$ 3,100	$ 2,200	$ 300
Senior Loans
Subordinated Debt
Weighted-average rate during the year			7%	0%
Weighted-average rate at December 31			7.44%	0%
SOFR | Subordinated Debt
Subordinated Debt
Variable rate basis spread	2.54%	4.01%
Subordinated Debentures | Subordinated Debt
Subordinated Debt
Face amount of debt issued							$ 4,000
Subordinated Debentures | LIBOR | Subordinated Debt
Subordinated Debt
Variable rate basis spread			1.62%
Raymond James Senior Term Loan | Senior Loans
Subordinated Debt
Face amount of debt issued						$ 10,000

Borrowed Funds - Senior term lo

Borrowed Funds - Senior term loan (Details) - USD ($) $ in Thousands		12 Months Ended
	Oct. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Secured Borrowings
Senior term loan		$ 9,765	$ 0
Interest on senior term loan		163	0	$ 0
Senior Loans
Secured Borrowings
Senior term loan		9,765	0
Average balance during the year		2,328	0
Maximum month-end balance		$ 9,886	$ 0
Weighted-average rate during the year		7%	0%
Weighted-average rate at December 31		7.44%	0%
Senior Loans | Raymond James Senior Term Loan
Secured Borrowings
Face amount of debt issued	$ 10,000
Upfront fee, as a percent	1%
Senior Loans | Raymond James Senior Term Loan | Debt Instrument, Redemption, Period One
Secured Borrowings
Periodic principal payment	$ 125
Senior Loans | Raymond James Senior Term Loan | Debt Instrument, Redemption, Period Two
Secured Borrowings
Periodic principal payment	$ 250
Senior Loans | Raymond James Senior Term Loan | SOFR
Secured Borrowings
Base rate	2.75%

Commitments and Contingent Li_3

Commitments and Contingent Liabilities (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Financial Instruments with Off-Balance-Sheet Risk
Total contractual amounts of the commitments	$ 527,672,000	$ 424,315,000
Average balance maintained in accordance with Federal Reserve Board requirements	0	0
Available on lines of credit
Financial Instruments with Off-Balance-Sheet Risk
Total contractual amounts of the commitments	495,618,000	384,923,000
Stand-by letters of credit
Financial Instruments with Off-Balance-Sheet Risk
Total contractual amounts of the commitments	17,153,000	23,600,000
Other loan commitments
Financial Instruments with Off-Balance-Sheet Risk
Total contractual amounts of the commitments	$ 14,901,000	$ 15,792,000

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current:
Federal	$ 6,607	$ 3,332	$ 10,899
State	1,152	421	2,019
Total current	7,759	3,753	12,918
Deferred:
Federal	(3,056)	5,159	(3,183)
State	(575)	970	(203)
Total deferred expense (benefit)	(3,631)	6,129	(3,386)
Income tax expense	$ 4,128	$ 9,882	$ 9,532

Income Taxes - Reconciliation (

Income Taxes - Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Effective Income Tax Rate Reconciliation, Amount
Income tax at federal statutory rate	$ 3,889	$ 10,201	$ 9,858
Tax effect of:
State income taxes, net of federal income taxes	456	1,099	1,435
Tax exempt earnings	(1,596)	(1,460)	(1,381)
Other	1,379	42	(380)
Income tax expense	$ 4,128	$ 9,882	$ 9,532
Effective Income Tax Rate Reconciliation, Percent
Income tax at federal statutory rate (percentage)	21%	21%	21%
Tax effect of:
State income taxes, net of federal income taxes (percentage)	2.50%	2.20%	3.10%
Tax exempt earnings (percentage)	(8.60%)	(3.00%)	(3.00%)
Other (percentage)	7.40%	0.10%	(0.80%)
Income tax expense (as a percentage)	22.30%	20.30%	20.30%

Income Taxes - Deferred Income

Income Taxes - Deferred Income Tax Assets and (Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Components of Deferred Tax Assets and Liabilities
Allowance for loan losses	$ 5,849	$ 4,393
Minimum pension liability	991	1,245
Stock-based compensation	1,097	1,140
SERP	317	298
Unrealized loss on securities available-for-sale	11,024	0
Lease liabilities	3,611	4,370
Other	364	249
Total gross deferred tax assets	23,253	11,695
Depreciation	(1,726)	(1,556)
Pension	(1,062)	(1,077)
Unrealized gain on securities available-for-sale	(80)	(45)
Holding gain on equity securities	(3,969)	(4,358)
Equity method investment	(2,220)	(4,086)
Goodwill	(110)	(70)
Deferred Tax Liabilities, Leasing Arrangements	3,383	4,141
Other	(264)	(288)
Total gross deferred tax liabilities	(12,814)	(15,621)
Net deferred tax assets	$ 10,439
Net deferred tax liabilities		$ (3,926)

Related Party Transactions (Det

Related Party Transactions (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 31, 2022 director	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jan. 17, 2022 USD ($)
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance at Beginning of Year		$ 27,606	$ 27,423
Borrowings, net of participations		221,825	4,373
Executive Officer and Director Retirements		(998)	(996)
Repayments		(215,000)	(3,194)
Balance at End of Year		33,433	27,606
Related party deposits		112,500	63,600
Related Party Transaction [Line Items]
Line of credit, related party		33,433	27,606
BillGO, Inc.
Related Party Transaction [Line Items]
Line of credit, related party				$ 35,000
Revenue from related parties		300	$ 300
Warp Speed Holdings LLC
Related Party Transaction [Line Items]
Number of directors designated by the Company | director	2
Total number of directors | director	7
CalCon Mutual Mortgage LLC
Related Party Transaction [Line Items]
Loans purchased from related party		39,100
Interest income from loans purchased from related party		900
Intercoastal
Related Party Transaction [Line Items]
Loans purchased from related party		$ 572,700

Pension Plan - Narrative (Detai

Pension Plan - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) installment	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	May 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Service period	3 years
Pension expense	$ 300	$ 300	$ 300
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.23%	2.83%	2.50%	4.50%
Benefit obligation	$ 8,829	$ 12,230	$ 12,715
Supplemental Employee Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4%
Benefit obligation	$ 1,800
Number of equal consecutive installments | installment	180
Consecutive installments, amount	$ 10
Accrued liability	$ 1,300	$ 1,300

Pension Plan - Defined Benefit

Pension Plan - Defined Benefit Plan Activity (Details) - Pension Plan - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Change in benefit obligation
Benefit obligation at beginning of year	$ 12,230	$ 12,715
Interest cost	341	313	$ 365
Actuarial loss	160	143
Assumption changes	(3,584)	(649)
Benefits paid	(318)	(292)
Benefit obligation at end of year	8,829	12,230	12,715
Change in plan assets:
Fair value of plan assets at beginning of year	11,591	7,096
Actual return (loss) on plan assets	(1,990)	952
Employer contribution	0	3,835
Benefits paid	(318)	(292)
Fair value of plan assets at end of year	9,283	11,591	$ 7,096
Funded status	454	(639)
Unrecognized net actuarial loss	4,120	5,314
Prepaid pension cost recognized	4,574	4,675
Accumulated benefit obligation	$ 8,829	$ 12,230

Pension Plan - Weighted Average

Pension Plan - Weighted Average Assumptions and Net Periodic Pension Cost (Details) - Pension Plan - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	May 31, 2014
Weighted average assumptions used to determine the benefit obligation
Discount rate	5.23%	2.83%	2.50%	4.50%
Components of net periodic pension cost
Interest cost	$ 341	$ 313	$ 365
Expected return on plan assets	(669)	(689)	(438)
Amortization of net actuarial loss	429	507	420
Net periodic pension cost	$ 101	$ 131	$ 347
Weighted average assumptions used to determine net periodic pension cost
Discount rate	5.23%	2.83%	2.50%
Expected long-term rate of return on plan assets	6%	6.75%	6.75%

Pension Plan - Plan Asset Alloc

Pension Plan - Plan Asset Allocations (Details) - Pension Plan	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	100%	100%
Cash
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	7%	3%
Fixed income
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	28%	25%
Alternative investments
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	13%	29%
Domestic equities
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	26%	25%
Foreign equities
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	22%	18%
Real estate investment trusts
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	4%	0%

Pension Plan - Plan Assets at F

Pension Plan - Plan Assets at Fair Value (Details) - Pension Plan - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	$ 9,283	$ 11,591	$ 7,096
Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	8,912	11,591
Level I | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	7,705	8,230
Level II | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Level III | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,207	3,361
Net Asset Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	371
Cash | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	650	348
Cash | Level I | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	650	348
Cash | Level II | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Cash | Level III | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Fixed income | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	2,599	2,898
Fixed income | Level I | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	2,599	2,898
Fixed income | Level II | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Fixed income | Level III | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Alternative investments | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,207	3,361
Alternative investments | Level I | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Alternative investments | Level II | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Alternative investments | Level III | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,207	3,361
Domestic equities | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	2,414	2,898
Domestic equities | Level I | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	2,414	2,898
Domestic equities | Level II | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Domestic equities | Level III | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Foreign equities | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	2,042	2,086
Foreign equities | Level I | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	2,042	2,086
Foreign equities | Level II | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Foreign equities | Level III | Estimated Fair Value
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	$ 0	$ 0

Pension Plan - Estimated Plan C

Pension Plan - Estimated Plan Contributions in Future Years (Details) - Pension Plan $ in Thousands	Dec. 31, 2022 USD ($)
Estimated Future Employer Contributions
Contributions for the period of January 1, 2023 through December 31, 2023	$ 0
Estimated future benefit payments reflecting expected future service
2023	409
2024	433
2025	462
2026	536
2027	542
2028 through 2032	$ 2,801

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Schedule of Goodwill (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill
Goodwill, beginning balance	$ 3,988,000	$ 2,350,000	$ 19,630,000
Goodwill, ending balance	3,988,000	3,988,000	2,350,000
Intangibles
Gross, beginning balance	3,820,000	3,941,000	4,226,000
Accumulated depreciation, beginning balance	(1,504,000)	(1,541,000)	(753,000)
Net, beginning balance	2,316,000	2,400,000	3,473,000
Accumulated Amortization expense	(685,000)	(684,000)	(1,229,000)
Gross, ending balance	3,820,000	3,820,000	3,941,000
Accumulated depreciation, ending balance	(2,189,000)	(1,504,000)	(1,541,000)
Net, ending balance	1,631,000	2,316,000	2,400,000
Intangible Assets, Other Disclosures
Goodwill impairment	0	0
Impairment charges	$ 0	0	0
Branches Sold to Summit
Goodwill
Goodwill, written off			(1,598,000)
Intangibles
Intangible assets related to sale, gross		(721,000)	(845,000)
Accumulated Amortization expense		(721,000)	(441,000)
Intangible assets related to sale, net			(404,000)
Trabian
Goodwill
Goodwill, resulting from acquisition		1,638,000
Intangibles
Intangibles resulting from acquisition		$ 600,000
First State Bank
Intangibles
Intangibles resulting from acquisition			560,000
Intercoastal
Goodwill
Goodwill, written off			(16,882,000)
Paladin
Goodwill
Goodwill, resulting from acquisition			$ 1,200,000
Customer Relationships | Trabian
Intangible Assets, Other Disclosures
Amortization period	4 years
Customer Relationships | Chartwell
Intangible Assets, Other Disclosures
Amortization period	5 years
Trade Names | Trabian
Intangible Assets, Other Disclosures
Amortization period	10 years
Backlog | Chartwell
Intangible Assets, Other Disclosures
Amortization period	5 years 3 months 18 days
Trademark | Chartwell
Intangible Assets, Other Disclosures
Amortization period	15 years
Non-competition agreement | Chartwell
Intangible Assets, Other Disclosures
Amortization period	4 years

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Estimated Amortization Expense of Other Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Estimated Amortization Expense
2023	$ 592
2024	321
2025	100
2026	87
2027	87
Thereafter	444
Total	$ 1,631	$ 2,316	$ 2,400	$ 3,473

Stock Offerings (Details)

Stock Offerings (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended				12 Months Ended
	Oct. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Subsidiary, Sale of Stock [Line Items]
Total number of shares purchased (in shares)				536,490
Average price paid per share (in dollars per share)				$ 20.25
Authorized repurchase amount		$ 31,900				$ 31,900
Common stock issued related to contingent consideration						2,000
Common stock issued related to acquisitions					$ 9,579	$ 600	$ 240
Series B Preferred Stock
Subsidiary, Sale of Stock [Line Items]
Preferred stock, par value (in dollars per share)				1			$ 1
Liquidation preference (in dollars per share)				1,000			1,000
Dividends declared (in dollars per share)				46.03
Series C Preferred Stock
Subsidiary, Sale of Stock [Line Items]
Preferred stock, par value (in dollars per share)				1			1
Liquidation preference (in dollars per share)				1,000			1,000
Dividends declared (in dollars per share)				49.86
Series B and Series C Preferred Stock
Subsidiary, Sale of Stock [Line Items]
Redemption price (in dollars per share)				$ 10,000			$ 10,000
Chartwell
Subsidiary, Sale of Stock [Line Items]
Common stock issued related to contingent consideration (in shares)		23,558	24,408
Sale of stock, price per share (in dollars per share)		$ 42.45	$ 40.97			$ 42.45
Common stock issued related to contingent consideration		$ 1,000	$ 1,000
Warp Speed Holdings LLC
Subsidiary, Sale of Stock [Line Items]
Common stock issued related to acquisitions (in shares)	313,030
Sale of stock, price per share (in dollars per share)	$ 30.60
Common stock issued related to acquisitions	$ 9,580

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) installment shares	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Stock options
Shares authorized for issuance (in shares) | shares	975,000
Shares available for issuance (in shares) | shares	951,868
Common stock options exercised	$ 2,069	$ 4,930	$ 4,459
Fair value of stock options vested	$ 600
Stock Options
Stock options
Vesting period	5 years
Expiration term	10 years
Intrinsic value of options exercised	$ 3,500	$ 8,000	$ 1,900
Unrecognized pre-tax compensation expense	$ 700
Unrecognized pre-tax compensation expense, recognition period	2 years 10 months 24 days
RSUs
Stock options
Unrecognized pre-tax compensation expense	$ 3,700
Unrecognized pre-tax compensation expense, recognition period	2 years 2 months 12 days
Granted (in shares) | shares	95,723
Fair value of RSUs vested	$ 2,900
Time Based, Restricted Stock Units
Stock options
Vesting period	5 years
Granted (in shares) | shares	53,070
Number of vesting installments | installment	5
Time Based, Restricted Stock Units | Director
Stock options
Vesting period	1 year
Performance Based, Restricted Stock Units
Stock options
Vesting period	3 years
Granted (in shares) | shares	42,653

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock-based compensation expense	$ 2,800	$ 2,634	$ 2,353
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock-based compensation expense	501	832	950
RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock-based compensation expense	$ 2,299	$ 1,802	$ 1,403

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Option Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Number of Shares
Outstanding at beginning of year (in shares)	1,114,200
Granted (in shares)	14,350
Exercised (in shares)	160,527
Forfeited (in shares)	24,930
Expired (in shares)	550
Outstanding at end of year (in shares)	942,543	1,114,200
Exercisable at end of year (in shares)	782,116
Weighted-Average Exercise Price
Outstanding at beginning of year (in dollars per share)	$ 15.86
Granted (in dollars per share)	39.15
Exercised (in dollars per share)	12.99
Forfeited (in dollars per share)	22.55
Expired (in dollars per share)	14.71
Outstanding at end of year (in dollars per share)	16.53	$ 15.86
Exercisable at end of year (in dollars per share)	15.36
Additional disclosure
Weighted-average fair value of options granted during the year (in dollars per share)	$ 14.94	$ 10.61	$ 4.48

Stock-Based Compensation - St_2

Stock-Based Compensation - Stock Option Valuation Assumptions (Details) - Stock Options	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Stock options
Average risk-free interest rates	2.23%	1.27%	0.66%
Weighted-average life (years)	7 years	7 years	7 years
Expected volatility	41.20%	41.20%	30.90%
Expected dividend yield	1.58%	1.08%	2.20%

Stock-Based Compensation - Outs

Stock-Based Compensation - Outstanding and Exercisable (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Options Outstanding
Total Options (in shares)	942,543	1,114,200
Weighted-Average Exercise Price (in dollars per share)	$ 16.53	$ 15.86
Options Exercisable
Total Options (in shares)	782,116
Weighted-Average Exercise Price (in dollars per share)	$ 15.36
Stock Options
Options Outstanding
Intrinsic Value (in millions)	$ 5.7
Weighted-Average Remaining Life	4 years 4 months 17 days
Options Exercisable
Intrinsic Value (in millions)	$ 5.3
Weighted-Average Remaining Life	3 years 10 months 13 days

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of RSUs (Details) - RSUs - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Shares
Balance at beginning of year (in shares)	241,906
Granted (in shares)	95,723
Vested (in shares)	(75,354)
Forfeited (in shares)	(14,718)
Balance at end of year (in shares)	247,557	241,906
Weighted-Average Grant Date Fair Value
Balance at beginning of year (in dollars per share)	$ 21.46
Granted (in dollars per share)	38.04	$ 40.95	$ 13.08
Vested (in dollars per share)	21.62
Forfeited (in dollars per share)	26.16
Balance at end of year (in dollars per share)	$ 26.39	$ 21.46

Stock-Based Compensation - Subs

Stock-Based Compensation - Subsidiary Equity Plan (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Stock options
Shares authorized for issuance (in shares)	975,000
Granted (in shares)	14,350
Granted (in dollars per share)	$ 39.15
Stock Options
Stock options
Expiration term	10 years
Vesting period	5 years
2021 Victor LTI Plan
Stock options
Shares authorized for issuance (in shares)		5,000,000
Granted (in shares)	1,100,000
Granted (in dollars per share)	$ 0.29
Shares vested (in shares)	299,961
Average exercise price of shares vested (in dollars per share)	$ 0.29
Nonvested stock options (in shares)	817,029
2021 Victor LTI Plan | Stock Options
Stock options
Expiration term	10 years
Vesting period	3 years

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator for earnings per share:
Net Income									$ 14,387	$ 38,696	$ 37,411
Net loss attributable to noncontrolling interest									660	425	0
Dividends on preferred stock									0	(35)	(461)
Net income available to common shareholders									$ 15,047	$ 39,086	$ 36,950
Denominator:
Total average shares outstanding (in shares)									12,279,462	11,778,557	11,821,574
Effect of dilutive stock options and restricted stock units (in shares)									591,272	835,063	266,532
Total diluted average shares outstanding (in shares)									12,870,734	12,613,620	12,088,106
Earnings per common share - basic (in dollars per share)	$ 0.52	$ 0.22	$ 0.24	$ 0.24	$ 0.83	$ 1	$ 0.79	$ 0.70	$ 1.23	$ 3.32	$ 3.13
Earnings per common share - diluted (in dollars per share)	$ 0.50	$ 0.21	$ 0.23	$ 0.22	$ 0.77	$ 0.92	$ 0.73	$ 0.66	$ 1.17	$ 3.10	$ 3.06
Stock Options
Denominator:
Securities not included in the computation of diluted EPS because the effect would be antidilutive (in shares)									113,427	93,895	646,168

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities not included in the computation of diluted EPS because the effect would be antidilutive (in shares)	113,427	93,895	646,168

Regulatory Capital Requiremen_3

Regulatory Capital Requirements (Details) - Subsidiary bank $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Apr. 30, 2020
Community Bank leverage ratio
Actual, amount	$ 307,936	$ 321,282
Actual, ratio	0.098	0.116
Minimum Capital Requirement, amount	$ 250,675	$ 208,344
Minimum Capital Requirement, ratio	0.080	0.075
Minimum to be Well Capitalized, amount	$ 282,010	$ 236,123
Minimum to be Well Capitalized, ratio	0.090	0.085	0.08

Regulatory Restriction on Div_2

Regulatory Restriction on Dividends (Details)	12 Months Ended
	Dec. 31, 2022
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]
Number of preceding years, the retained net profits of which is considered for dividend payment	2 years

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financial assets:
Certificates of deposits with banks	$ 0	$ 2,719
Investment securities available-for-sale	379,814	421,466
Equity securities	38,744	32,402
Servicing assets	1,600	2,800
Bank-owned life insurance	43,239	42,257
Financial Liabilities:
FHLB and other borrowings	102,333	0
Carrying Value
Financial assets:
Cash and cash equivalents	40,280	307,437
Certificates of deposits with banks		2,719
Investment securities available-for-sale	379,814	421,466
Equity securities	38,744	32,402
Loans held-for-sale	23,126
Loans receivable, net	2,348,808	1,851,572
Servicing assets	1,616	2,812
Accrued interest receivable	12,617	7,860
Bank-owned life insurance	43,239	42,257
Financial Liabilities:
Deposits	2,570,482	2,377,605
Repurchase Agreements	10,037	11,385
Accrued interest payable	2,558	690
FHLB and other borrowings	102,333
Senior term loan	9,765
Subordinated debt	73,286	73,030
Carrying Value | Interest rate swap
Financial assets:
Derivative asset	8,427	6,702
Financial Liabilities:
Derivative liability	8,427	6,702
Carrying Value | Embedded derivative
Financial assets:
Derivative asset	787
Carrying Value | Fair value hedge
Financial assets:
Derivative asset		1,552
Financial Liabilities:
Derivative liability	572	807
Estimated Fair Value
Financial assets:
Cash and cash equivalents	40,280	307,437
Certificates of deposits with banks		2,738
Investment securities available-for-sale	379,814	421,466
Equity securities	38,744	32,402
Loans held-for-sale	24,898
Loans receivable, net	2,285,427	1,865,013
Servicing assets	1,634	2,831
Accrued interest receivable	12,617	7,860
Bank-owned life insurance	43,239	42,257
Financial Liabilities:
Deposits	2,226,037	2,338,868
Repurchase Agreements	10,037	11,385
Accrued interest payable	2,558	690
FHLB and other borrowings	102,006
Senior term loan	9,765
Subordinated debt	64,330	74,774
Estimated Fair Value | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Cash and cash equivalents	40,280	307,437
Certificates of deposits with banks		0
Investment securities available-for-sale	0	0
Equity securities	5,382	247
Loans held-for-sale	0
Loans receivable, net	0	0
Servicing assets	0	0
Accrued interest receivable	0	0
Bank-owned life insurance	0	0
Financial Liabilities:
Deposits	0	0
Repurchase Agreements	0	0
Accrued interest payable	0	0
FHLB and other borrowings	0
Senior term loan	0
Subordinated debt	0	0
Estimated Fair Value | Significant Other Observable Inputs (Level II)
Financial assets:
Cash and cash equivalents	0	0
Certificates of deposits with banks		2,738
Investment securities available-for-sale	344,471	379,703
Equity securities	0	0
Loans held-for-sale	24,898
Loans receivable, net	0	0
Servicing assets	0	0
Accrued interest receivable	2,778	2,402
Bank-owned life insurance	43,239	42,257
Financial Liabilities:
Deposits	2,226,037	2,338,868
Repurchase Agreements	10,037	11,385
Accrued interest payable	2,558	690
FHLB and other borrowings	102,006
Senior term loan	9,765
Subordinated debt	64,330	74,774
Estimated Fair Value | Significant Unobservable Inputs (Level III)
Financial assets:
Cash and cash equivalents	0	0
Certificates of deposits with banks		0
Investment securities available-for-sale	35,343	41,763
Equity securities	33,362	32,155
Loans held-for-sale	0
Loans receivable, net	2,285,427	1,865,013
Servicing assets	1,634	2,831
Accrued interest receivable	9,839	5,458
Bank-owned life insurance	0	0
Financial Liabilities:
Deposits	0	0
Repurchase Agreements	0	0
Accrued interest payable	0	0
FHLB and other borrowings	0
Senior term loan	0
Subordinated debt	0	0
Estimated Fair Value | Interest rate swap
Financial assets:
Derivative asset	8,427	6,702
Financial Liabilities:
Derivative liability	8,427	6,702
Estimated Fair Value | Interest rate swap | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Derivative asset	0	0
Financial Liabilities:
Derivative liability	0	0
Estimated Fair Value | Interest rate swap | Significant Other Observable Inputs (Level II)
Financial assets:
Derivative asset	8,427	6,702
Financial Liabilities:
Derivative liability	8,427	6,702
Estimated Fair Value | Interest rate swap | Significant Unobservable Inputs (Level III)
Financial assets:
Derivative asset	0	0
Financial Liabilities:
Derivative liability	0	0
Estimated Fair Value | Embedded derivative
Financial assets:
Derivative asset	787
Estimated Fair Value | Embedded derivative | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Derivative asset	0
Estimated Fair Value | Embedded derivative | Significant Other Observable Inputs (Level II)
Financial assets:
Derivative asset	0
Estimated Fair Value | Embedded derivative | Significant Unobservable Inputs (Level III)
Financial assets:
Derivative asset	787
Estimated Fair Value | Fair value hedge
Financial assets:
Derivative asset		1,552
Financial Liabilities:
Derivative liability	572	807
Estimated Fair Value | Fair value hedge | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Derivative asset		0
Financial Liabilities:
Derivative liability	0	0
Estimated Fair Value | Fair value hedge | Significant Other Observable Inputs (Level II)
Financial assets:
Derivative asset		1,552
Financial Liabilities:
Derivative liability	572	807
Estimated Fair Value | Fair value hedge | Significant Unobservable Inputs (Level III)
Financial assets:
Derivative asset		0
Financial Liabilities:
Derivative liability	$ 0

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair value of assets and liabilities
Investment securities available-for-sale	$ 379,814	$ 421,466
Equity securities	38,744	32,402
Bank-owned life insurance	43,239	42,257
Recurring
Fair value of assets and liabilities
Equity securities	5,382	247
Loans held-for-sale	24,898
Bank-owned life insurance	43,239	42,257
Recurring | Level I
Fair value of assets and liabilities
Equity securities	5,382	247
Loans held-for-sale	0
Bank-owned life insurance	0	0
Recurring | Level II
Fair value of assets and liabilities
Equity securities	0	0
Loans held-for-sale	24,898
Bank-owned life insurance	43,239	42,257
Recurring | Level III
Fair value of assets and liabilities
Equity securities	0	0
Loans held-for-sale	0
Bank-owned life insurance	0	0
United States government agency securities
Fair value of assets and liabilities
Investment securities available-for-sale	44,814	40,437
United States government agency securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	44,814	40,437
United States government agency securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
United States government agency securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	44,814	40,437
United States government agency securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
United States sponsored mortgage-backed securities
Fair value of assets and liabilities
Investment securities available-for-sale	56,571	76,108
United States sponsored mortgage-backed securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	56,571	76,108
United States sponsored mortgage-backed securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
United States sponsored mortgage-backed securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	56,571	76,108
United States sponsored mortgage-backed securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
United States treasury securities
Fair value of assets and liabilities
Investment securities available-for-sale	120,909	110,389
United States treasury securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	120,909	110,389
United States treasury securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
United States treasury securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	120,909	110,389
United States treasury securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
Municipal securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	138,636	175,012
Municipal securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
Municipal securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	103,293	133,249
Municipal securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	35,343	41,763
Corporate debt securities
Fair value of assets and liabilities
Investment securities available-for-sale	10,560	11,142
Corporate debt securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	10,560	11,142
Corporate debt securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
Corporate debt securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	10,560	11,142
Corporate debt securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
Other securities
Fair value of assets and liabilities
Investment securities available-for-sale	824	878
Other securities | Recurring
Fair value of assets and liabilities
Equity securities	824	878
Other securities | Recurring | Level I
Fair value of assets and liabilities
Equity securities	0	0
Other securities | Recurring | Level II
Fair value of assets and liabilities
Equity securities	824	878
Other securities | Recurring | Level III
Fair value of assets and liabilities
Equity securities	0	0
Interest rate swap | Recurring
Fair value of assets and liabilities
Derivative asset	8,427	6,702
Derivative liability	8,427	6,702
Interest rate swap | Recurring | Level I
Fair value of assets and liabilities
Derivative asset	0	0
Derivative liability	0	0
Interest rate swap | Recurring | Level II
Fair value of assets and liabilities
Derivative asset	8,427	6,702
Derivative liability	8,427	6,702
Interest rate swap | Recurring | Level III
Fair value of assets and liabilities
Derivative asset	0	0
Derivative liability	0	0
Embedded derivative | Recurring
Fair value of assets and liabilities
Derivative asset	787
Embedded derivative | Recurring | Level I
Fair value of assets and liabilities
Derivative asset	0
Embedded derivative | Recurring | Level II
Fair value of assets and liabilities
Derivative asset	0
Embedded derivative | Recurring | Level III
Fair value of assets and liabilities
Derivative asset	787
Fair value hedge | Recurring
Fair value of assets and liabilities
Derivative asset		1,552
Derivative liability	572	807
Fair value hedge | Recurring | Level I
Fair value of assets and liabilities
Derivative asset		0
Derivative liability	0	0
Fair value hedge | Recurring | Level II
Fair value of assets and liabilities
Derivative asset		1,552
Derivative liability	572	807
Fair value hedge | Recurring | Level III
Fair value of assets and liabilities
Derivative asset		0
Derivative liability	$ 0	$ 0

Fair Value Measurements - Recur

Fair Value Measurements - Recurring Level III Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets Including Derivatives Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Other Comprehensive Income Extensible List Not Disclosed Flag	Unrealized loss included in other comprehensive loss	Unrealized loss included in other comprehensive income
Level III
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 41,763	$ 43,679
Realized gains included in earnings	9
Purchase of securities	1,048	3,862
Maturities/calls	(3,207)	(5,214)
Unrealized loss included in other comprehensive loss	(4,270)	(564)
Host contract executed	0
Ending balance	35,343	41,763
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Beginning balance	0	0
Realized gains included in earnings	0
Purchase of securities	0	0
Maturities/calls	0	0
Unrealized loss included in other comprehensive loss	0	0
Host contract executed	787
Ending balance	787	0
Fair Value, Assets Including Derivatives Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	41,763	43,679
Realized gains included in earnings	9
Purchase of securities	1,048	3,862
Maturities/calls	(3,207)	(5,214)
Unrealized loss included in other comprehensive loss	(4,270)	(564)
Host contract executed	787
Ending balance	$ 36,130	$ 41,763

Fair Value Measurements - Ass_2

Fair Value Measurements - Assets Measured at Fair Value on Nonrecurring Basis (Details) - Non-recurring - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 14,117	$ 21,980
Impaired loans | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Impaired loans | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Impaired loans | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	14,117	21,980
Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,194	2,330
Other real estate owned | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Other real estate owned | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Other real estate owned | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,194	2,330
Other debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	7,500	7,500
Other debt securities | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Other debt securities | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Other debt securities | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	7,500	7,500
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	33,362	32,155
Equity securities | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Equity securities | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Equity securities | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 33,362	$ 32,155

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information About Level III Significant Unobservable Inputs (Details) $ in Thousands	Dec. 31, 2022 USD ($) yr	Dec. 31, 2021 USD ($)
Non-recurring | Other debt securities | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	$ 7,500	$ 7,500
Non-recurring | Equity securities | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	33,362	32,155
Non-recurring | Impaired loans
Quantitative Information about Level III Fair Value Measurements
Fair Value	14,117	21,980
Non-recurring | Impaired loans | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	14,117	21,980
Non-recurring | Other real estate owned
Quantitative Information about Level III Fair Value Measurements
Fair Value	1,194	2,330
Non-recurring | Other real estate owned | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	1,194	2,330
Non-recurring | Equity securities
Quantitative Information about Level III Fair Value Measurements
Fair Value	33,362	32,155
Non-recurring | Equity securities | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	33,362	32,155
Recurring | Municipal securities | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	35,343	$ 41,763
Recurring | Embedded derivative | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	$ 787
Appraisal adjustments | Non-recurring | Impaired loans | Appraisal of collateral | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Impaired loans, measurement input	0	0.10
Appraisal adjustments | Non-recurring | Impaired loans | Appraisal of collateral | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Impaired loans, measurement input	0.20	0.20
Appraisal adjustments | Non-recurring | Other real estate owned | Appraisal of collateral | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Other real estate owned, measurement input	0	0.10
Appraisal adjustments | Non-recurring | Other real estate owned | Appraisal of collateral | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Other real estate owned, measurement input	0.20	0.20
Appraisal adjustments | Recurring | Municipal securities | Appraisal of bond | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Municipal securities, measurement input	0.05	0.01
Appraisal adjustments | Recurring | Municipal securities | Appraisal of bond | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Municipal securities, measurement input	0.15	0.20
Liquidation expense | Non-recurring | Impaired loans | Appraisal of collateral | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Impaired loans, measurement input		0.05
Liquidation expense | Non-recurring | Impaired loans | Appraisal of collateral | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Impaired loans, measurement input	0.06	0.10
Liquidation expense | Non-recurring | Other real estate owned | Appraisal of collateral | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Other real estate owned, measurement input		0.05
Liquidation expense | Non-recurring | Other real estate owned | Appraisal of collateral | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Other real estate owned, measurement input	0.06	0.10
Cost minus impairment | Non-recurring | Other debt securities | Net asset value | Level III
Quantitative Information about Level III Fair Value Measurements
Securities, measurement input	0	0
Cost minus impairment | Non-recurring | Equity securities | Net asset value | Level III
Quantitative Information about Level III Fair Value Measurements
Securities, measurement input	0	0
Deferred payment | Recurring | Embedded derivative | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Embedded derivatives, measurement input	0
Deferred payment | Recurring | Embedded derivative | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Embedded derivatives, measurement input	51,900
Volatility | Recurring | Embedded derivative | Level III
Quantitative Information about Level III Fair Value Measurements
Embedded derivatives, measurement input	58
Term | Recurring | Embedded derivative | Level III
Quantitative Information about Level III Fair Value Measurements
Embedded derivatives, measurement input | yr	5
Risk free rate | Recurring | Embedded derivative | Level III
Quantitative Information about Level III Fair Value Measurements
Embedded derivatives, measurement input	3.95

Comprehensive Income - Reclassi

Comprehensive Income - Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Comprehensive Income
Gain on sale of available-for-sale securities, net									$ 650	$ 3,875	$ 914
Salaries and employee benefits									(72,162)	(60,210)	(61,629)
Interest on investment securities									3,496	2,405	2,448
Income before income taxes									18,515	48,578	46,943
Income tax expense									(4,128)	(9,882)	(9,532)
Net income attributable to parent	$ 6,509	$ 2,718	$ 2,956	$ 2,864	$ 9,959	$ 11,828	$ 9,247	$ 8,085	15,047	39,121	37,411
Amount Reclassified from AOCI
Comprehensive Income
Net income attributable to parent									234	1,950	723
Available-for-sale securities | Amount Reclassified from AOCI
Comprehensive Income
Gain on sale of available-for-sale securities, net									650	3,875	914
Income before income taxes									650	3,875	914
Income tax expense									(152)	(908)	(214)
Net income attributable to parent									498	2,967	700
Defined benefit pension plan items | Amount Reclassified from AOCI
Comprehensive Income
Salaries and employee benefits									(429)	(507)	(420)
Income before income taxes									(429)	(507)	(420)
Income tax expense									103	119	98
Net income attributable to parent									(326)	(388)	(322)
Investment hedge | Amount Reclassified from AOCI
Comprehensive Income
Interest on investment securities									83	(862)	473
Income before income taxes									83	(862)	473
Income tax expense									(21)	233	(128)
Net income attributable to parent									$ 62	$ (629)	$ 345

Comprehensive Income - Componen

Comprehensive Income - Components of AOCI (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	$ 274,328
Other comprehensive income (loss) before reclassification	(33,864)	$ (3,882)
Amounts reclassified from AOCI	(234)	(1,950)
Net current period OCI	(34,098)	(5,832)
Ending balance	261,084	274,328
Unrealized gains (losses) on available for-sale securities
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	147	7,586
Other comprehensive income (loss) before reclassification	(34,478)	(4,472)
Amounts reclassified from AOCI	(498)	(2,967)
Net current period OCI	(34,976)	(7,439)
Ending balance	(34,829)	147
Defined benefit pension plan items
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	(4,069)	(5,047)
Other comprehensive income (loss) before reclassification	614	590
Amounts reclassified from AOCI	326	388
Net current period OCI	940	978
Ending balance	(3,129)	(4,069)
Investment hedge
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	316	(313)
Other comprehensive income (loss) before reclassification	0	0
Amounts reclassified from AOCI	(62)	629
Net current period OCI	(62)	629
Ending balance	254	316
AOCI attributable to parent
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	(3,606)	2,226
Ending balance	$ (37,704)	$ (3,606)

Condensed Financial Statement_3

Condensed Financial Statements of Parent Company - Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets
Equity method investments	$ 76,223	$ 40,013
TOTAL ASSETS	3,068,850	2,792,449
Liabilities and stockholders’ equity
Senior term loan	9,765	0
Total liabilities	2,807,459	2,517,146
Total stockholders’ equity	261,084	274,328
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	3,068,850	2,792,449
Parent Company
Assets
Cash	31,085	27,463
Investment in subsidiaries	277,173	322,002
Debt and equity securities	4,904	0
Equity method investments	50,976	0
Other assets	11,033	13,715
TOTAL ASSETS	375,171	363,180
Liabilities and stockholders’ equity
Other liabilities	31,036	15,822
Senior term loan	9,765	0
Subordinated debt	73,286	73,030
Total liabilities	114,087	88,852
Total stockholders’ equity	261,084	274,328
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 375,171	$ 363,180

Condensed Financial Statement_4

Condensed Financial Statements of Parent Company - Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Statements of income
Income tax expense									$ 4,128	$ 9,882	$ 9,532
Equity in undistributed income earnings of subsidiaries									(713)	17,428	24,174
Net income attributable to parent	$ 6,509	$ 2,718	$ 2,956	$ 2,864	$ 9,959	$ 11,828	$ 9,247	$ 8,085	15,047	39,121	37,411
Preferred dividends									0	35	461
Net income available to common shareholders									15,047	39,086	36,950
Parent Company
Condensed Statements of income
Income, dividends from the Bank									50,985	19,165	6,688
Operating expenses									27,774	22,458	16,804
Income (loss), before income taxes									23,211	(3,293)	(10,116)
Income tax expense									(3,450)	(2,090)	(2,082)
Net income (loss)									26,661	(1,203)	(8,034)
Equity in undistributed income earnings of subsidiaries									(11,614)	40,324	45,445
Net income attributable to parent									15,047	39,121	37,411
Preferred dividends									0	35	461
Net income available to common shareholders									$ 15,047	$ 39,086	$ 36,950

Condensed Financial Statement_5

Condensed Financial Statements of Parent Company - Cash Flow (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
OPERATING ACTIVITIES
Net income attributable to parent	$ 6,509	$ 2,718	$ 2,956	$ 2,864	$ 9,959	$ 11,828	$ 9,247	$ 8,085	$ 15,047	$ 39,121	$ 37,411
Equity in undistributed earnings of subsidiaries									713	(17,428)	(24,174)
Stock-based compensation									2,800	2,634	2,353
Depreciation and amortization									5,322	4,198	3,292
Other assets									(2,438)	(1,440)	(27,200)
Other liabilities									(12,426)	2,689	18,699
Net cash from operating activities									65,180	34,815	112,235
INVESTING ACTIVITIES
Net cash from investing activities									(628,954)	(571,954)	(294,111)
FINANCING ACTIVITIES
Common stock repurchased									0	0	(15,746)
Preferred stock redemption									0	(7,334)	0
Common stock options exercised									2,069	4,930	4,464
Issuance of subsidiary membership units									0	500	0
Principal payments on senior term loan									(125)	0	0
Stock purchase from noncontrolling interest									(41)	0	0
Cash dividends paid on common stock									(8,355)	(6,038)	(4,275)
Cash dividends paid on preferred stock									0	(35)	(461)
Net cash from financing activities									296,617	580,683	417,767
Net change in cash and cash equivalents									(267,157)	43,544	235,891
Cash and cash equivalents, beginning of period				307,437				263,893	307,437	263,893	28,002
Cash and cash equivalents, end of period	40,280				307,437				40,280	307,437	263,893
Parent Company
OPERATING ACTIVITIES
Net income attributable to parent									15,047	39,121	37,411
Equity in undistributed earnings of subsidiaries									11,614	(40,324)	(45,445)
Stock-based compensation									3,217	3,208	2,278
Depreciation and amortization									269	175	12
Other assets									(45,406)	(6,849)	(2,101)
Other liabilities									16,358	11,215	1,755
Net cash from operating activities									1,099	6,546	(6,090)
INVESTING ACTIVITIES
Investment in subsidiaries									(240)	(15,871)	(3,713)
Net cash from investing activities									(240)	(15,871)	(3,713)
FINANCING ACTIVITIES
Proceeds from stock issuance									0	0	240
Common stock repurchased									0	0	(15,657)
Preferred stock redemption									0	(7,334)	0
Common stock options exercised									1,399	4,930	4,464
Withholding cash issued in lieu of restricted stock									0	(249)	0
Issuance of subsidiary membership units									0	500	0
Principal payments on senior term loan									(125)	0	0
Stock purchase from noncontrolling interest									(33)	0	0
Cash dividends paid on common stock									(8,355)	(6,038)	(4,275)
Cash dividends paid on preferred stock									0	(35)	(461)
Net cash from financing activities									2,763	21,222	24,311
Net change in cash and cash equivalents									3,622	11,897	14,508
Cash and cash equivalents, beginning of period				$ 27,463				$ 15,566	27,463	15,566	1,058
Cash and cash equivalents, end of period	$ 31,085				$ 27,463				31,085	27,463	15,566
Parent Company | Secured Debt
FINANCING ACTIVITIES
Issuance of senior term loan, net of issuance costs									9,877	0	0
Parent Company | Subordinated Debt
FINANCING ACTIVITIES
Issuance of senior term loan, net of issuance costs									$ 0	$ 29,448	$ 40,000

Segment Reporting - Reportable

Segment Reporting - Reportable Segments and Reconciliation (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 2022 USD ($) segment	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Information About the Reportable Segments
Number of reportable segments | segment									5
Interest income	$ 40,702	$ 33,903	$ 28,090	$ 23,262	$ 23,049	$ 20,484	$ 20,833	$ 19,063	$ 125,957	$ 83,429	$ 80,453
Interest expense									14,154	6,270	11,627
NET INTEREST INCOME	33,449	29,846	26,660	21,848	21,503	19,096	19,055	17,505	111,803	77,159	68,826
Provision (release of allowance) for loan losses									14,194	(6,275)	16,579
Net interest income after provision (release of allowance) for loan losses									97,609	83,434	52,247
Noninterest Income:
Total noninterest income									38,294	62,596	91,837
Noninterest Expenses:
Salaries and employee benefits									72,162	60,210	61,629
Other expenses									45,226	37,242	35,512
Total noninterest expense									117,388	97,452	97,141
Income before income taxes									18,515	48,578	46,943
Income taxes									4,128	9,882	9,532
Net income (loss)									14,387	38,696	37,411
Net loss attributable to noncontrolling interest									660	425	0
Net income attributable to parent	6,509	$ 2,718	$ 2,956	$ 2,864	9,959	$ 11,828	$ 9,247	$ 8,085	15,047	39,121	37,411
Preferred dividends									0	35	461
Net income available to common shareholders									15,047	39,086	36,950
Capital expenditures										5,364
Capital expenditures									3,041	4,865	6,615
Total assets	3,068,850				2,792,449				3,068,850	2,792,449
Goodwill	3,988				3,988				3,988	3,988	2,350	$ 19,630
Operating Segments | CoRe Banking
Information About the Reportable Segments
Interest income									125,426	83,023	75,812
Interest expense									10,920	4,078	10,400
NET INTEREST INCOME									114,506	78,945	65,412
Provision (release of allowance) for loan losses									14,194	(6,274)	16,649
Net interest income after provision (release of allowance) for loan losses									100,312	85,219	48,763
Noninterest Income:
Total noninterest income									22,673	33,179	24,420
Noninterest Expenses:
Salaries and employee benefits									36,960	33,595	25,808
Other expenses									44,873	37,033	31,389
Total noninterest expense									81,833	70,628	57,197
Income before income taxes									41,152	47,770	15,986
Income taxes									8,882	9,154	1,479
Net income (loss)									32,270	38,616
Net loss attributable to noncontrolling interest									0	0
Net income attributable to parent										38,616	14,507
Preferred dividends										0	0
Net income available to common shareholders									32,270	38,616	14,507
Capital expenditures										2,590
Capital expenditures									400		6,439
Total assets	3,014,475				2,804,840				3,014,475	2,804,840
Goodwill	0				0				0	0
Operating Segments | Mortgage Banking
Information About the Reportable Segments
Interest income									429	411	6,269
Interest expense									0	0	3,139
NET INTEREST INCOME									429	411	3,130
Provision (release of allowance) for loan losses									0	(1)	(70)
Net interest income after provision (release of allowance) for loan losses									429	412	3,200
Noninterest Income:
Total noninterest income									37	16,342	63,490
Noninterest Expenses:
Salaries and employee benefits									8	0	21,550
Other expenses									142	16	5,074
Total noninterest expense									150	16	26,624
Income before income taxes									316	16,738	40,066
Income taxes									77	4,068	9,862
Net income (loss)									239	12,670
Net loss attributable to noncontrolling interest									0	0
Net income attributable to parent										12,670	30,204
Preferred dividends										0	0
Net income available to common shareholders									239	12,670	30,204
Capital expenditures										0
Capital expenditures									0		99
Total assets	34,248				50,202				34,248	50,202
Goodwill	0				0				0	0
Operating Segments | Professional Services
Information About the Reportable Segments
Interest income									0	(8)	0
Interest expense									39	16	0
NET INTEREST INCOME									(39)	(24)	0
Provision (release of allowance) for loan losses									0	0	0
Net interest income after provision (release of allowance) for loan losses									(39)	(24)	0
Noninterest Income:
Total noninterest income									22,812	14,931	5,909
Noninterest Expenses:
Salaries and employee benefits									15,276	10,949	2,993
Other expenses									5,233	4,095	1,909
Total noninterest expense									20,509	15,044	4,902
Income before income taxes									2,264	(137)	1,007
Income taxes									567	(105)	273
Net income (loss)									1,697	(32)
Net loss attributable to noncontrolling interest									207	210
Net income attributable to parent										178	734
Preferred dividends										0	0
Net income available to common shareholders									1,904	178	734
Capital expenditures										2,731
Capital expenditures									26		0
Total assets	14,817				13,210				14,817	13,210
Goodwill	3,988				3,988				3,988	3,988
Operating Segments | Edge Ventures
Information About the Reportable Segments
Interest income									0	0	0
Interest expense									5	0	0
NET INTEREST INCOME									(5)	0	0
Provision (release of allowance) for loan losses									0	0	0
Net interest income after provision (release of allowance) for loan losses									(5)	0	0
Noninterest Income:
Total noninterest income									459	71	0
Noninterest Expenses:
Salaries and employee benefits									3,336	1,962	0
Other expenses									5,192	2,555	0
Total noninterest expense									8,528	4,517	0
Income before income taxes									(8,074)	(4,446)	0
Income taxes									(1,926)	(1,144)	0
Net income (loss)									(6,148)	(3,302)
Net loss attributable to noncontrolling interest									453	215
Net income attributable to parent										(3,087)	0
Preferred dividends										0	0
Net income available to common shareholders									(5,695)	(3,087)	0
Capital expenditures										0
Capital expenditures									2,202		0
Total assets	12,258				9,914				12,258	9,914
Goodwill	0				0				0	0
Operating Segments | Financial Holding Company
Information About the Reportable Segments
Interest income									146	15	3
Interest expense									3,234	2,188	261
NET INTEREST INCOME									(3,088)	(2,173)	(258)
Provision (release of allowance) for loan losses									0	0	0
Net interest income after provision (release of allowance) for loan losses									(3,088)	(2,173)	(258)
Noninterest Income:
Total noninterest income									10,576	11,103	6,685
Noninterest Expenses:
Salaries and employee benefits									16,582	13,704	11,278
Other expenses									8,049	6,573	5,265
Total noninterest expense									24,631	20,277	16,543
Income before income taxes									(17,143)	(11,347)	(10,116)
Income taxes									(3,472)	(2,091)	(2,082)
Net income (loss)									(13,671)	(9,256)
Net loss attributable to noncontrolling interest									0	0
Net income attributable to parent										(9,256)	(8,034)
Preferred dividends										35	461
Net income available to common shareholders									(13,671)	(9,291)	(8,495)
Capital expenditures										43
Capital expenditures									413		77
Total assets	375,171				363,971				375,171	363,971
Goodwill	0				0				0	0
Intercompany Eliminations
Information About the Reportable Segments
Interest income									(44)	(12)	(1,631)
Interest expense									(44)	(12)	(2,173)
NET INTEREST INCOME									0	0	542
Provision (release of allowance) for loan losses									0	0	0
Net interest income after provision (release of allowance) for loan losses									0	0	542
Noninterest Income:
Total noninterest income									(18,263)	(13,030)	(8,667)
Noninterest Expenses:
Salaries and employee benefits									0	0	0
Other expenses									(18,263)	(13,030)	(8,125)
Total noninterest expense									(18,263)	(13,030)	(8,125)
Income before income taxes									0	0	0
Income taxes									0	0	0
Net income (loss)									0	0
Net loss attributable to noncontrolling interest									0	0
Net income attributable to parent										0	0
Preferred dividends										0	0
Net income available to common shareholders									0	0	0
Capital expenditures										0
Capital expenditures									0		$ 0
Total assets	(382,119)				(449,688)				(382,119)	(449,688)
Goodwill	$ 0				$ 0				$ 0	$ 0

Quarterly Financial Data (Una_3

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Interest income	$ 40,702	$ 33,903	$ 28,090	$ 23,262	$ 23,049	$ 20,484	$ 20,833	$ 19,063	$ 125,957	$ 83,429	$ 80,453
Net Interest Income	33,449	29,846	26,660	21,848	21,503	19,096	19,055	17,505	111,803	77,159	68,826
Income Before Taxes	8,337	2,952	3,650	3,576	12,675	14,838	10,836	10,227
Net income attributable to parent	$ 6,509	$ 2,718	$ 2,956	$ 2,864	$ 9,959	$ 11,828	$ 9,247	$ 8,085	$ 15,047	$ 39,121	$ 37,411
Earnings per common share - basic (in dollars per share)	$ 0.52	$ 0.22	$ 0.24	$ 0.24	$ 0.83	$ 1	$ 0.79	$ 0.70	$ 1.23	$ 3.32	$ 3.13
Earnings per common share - diluted (in dollars per share)	$ 0.50	$ 0.21	$ 0.23	$ 0.22	$ 0.77	$ 0.92	$ 0.73	$ 0.66	$ 1.17	$ 3.10	$ 3.06

Acquisitions and Divestitures -

Acquisitions and Divestitures - Narrative (Details) $ in Thousands		1 Months Ended			12 Months Ended
	Oct. 01, 2022 USD ($) shares	Aug. 31, 2022 shares	Apr. 30, 2021 USD ($)	Feb. 28, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Mar. 31, 2022	Jul. 31, 2021 USD ($) bankingCenter	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Business Acquisition [Line Items]
Equity method investments					$ 40,013	$ 76,223
Noncontrolling interest					975	307
Goodwill					3,988	3,988			$ 2,350	$ 19,630
Disposal group, disposed of by sale
Business Acquisition [Line Items]
Branch locations sold, number | bankingCenter								4
Deposits assumed								$ 163,300
Loans of branches held for sale								$ 57,800
Gains on acquisition and divestiture activity					$ 10,800
Flexia
Business Acquisition [Line Items]
Ownership percentage by noncontrolling owners				20%
Trabian
Business Acquisition [Line Items]
Ownership percentage by noncontrolling owners			20%
Flexia
Business Acquisition [Line Items]
Payments for software				$ 1,000
Warp Speed Holdings LLC
Business Acquisition [Line Items]
Ownership interest							37.50%
Cash consideration	$ 38,400
Consideration issued as equity (in shares) | shares	313,030
Consideration issued as equity	$ 9,600
Number of trading days	20 days
Equity method investments						$ 49,400
Integrated Financial Holdings, Inc.
Business Acquisition [Line Items]
Shares of MVB common stock to be received by IFH shareholders per share of IFH common stock (in shares) | shares		1.21
Flexia
Business Acquisition [Line Items]
Ownership interest				80%		80%
Purchase consideration				$ 2,500
Noncontrolling interest				$ 500
Trabian
Business Acquisition [Line Items]
Ownership interest			80%			80.80%
Purchase consideration			$ 1,600
Noncontrolling interest			400
Assets acquired			800
Liabilities assumed			700
Goodwill			1,600
Intangible assets assumed			$ 600

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions	Feb. 28, 2023	Jan. 25, 2023	Dec. 31, 2022	Dec. 31, 2021
Subsequent Event [Line Items]
Common stock, shares authorized (in shares)			20,000,000	20,000,000
Subsequent Event
Subsequent Event [Line Items]
Common stock, shares authorized (in shares)		40,000,000
Subsequent Event | Chartwell | Disposal group, disposed of by sale
Subsequent Event [Line Items]
Proceeds from sale	$ 14.4