First Internet Bancorp (INBK) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 01, 2024
Class of Stock [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-35750
Entity Registrant Name	First Internet Bancorp
Entity Incorporation, State or Country Code	IN
Entity Tax Identification Number	20-3489991
Entity Address, Address Line One	8701 East 116th Street
Entity Address, City or Town	Fishers
Entity Address, State or Province	IN
Entity Address, Postal Zip Code	46038
City Area Code	317
Local Phone Number	532-7900
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,667,894
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Amendment Flag	false
Entity Central Index Key	0001562463
Current Fiscal Year End Date	--12-31
Common Stock
Class of Stock [Line Items]
Title of 12(b) Security	Common Stock, without par value
Trading Symbol	INBK
Security Exchange Name	NASDAQ
6.0% Fixed to Floating Subordinated Notes due 2029
Class of Stock [Line Items]
Title of 12(b) Security	6.0% Fixed to Floating Subordinated Notes due 2029
Trading Symbol	INBKZ
Security Exchange Name	NASDAQ

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 6,539	$ 8,269
Interest-bearing deposits	705,940	397,629
Total cash and cash equivalents	712,479	405,898
Total available-for-sale securities	575,257	474,855
Held-to-maturity, debt securities, after allowance for credit loss	263,320	227,153
Loans held-for-sale	32,996	22,052
Loans	4,035,880	3,840,220
Allowance for credit losses - loans	(45,721)	(38,774)
Net loans	3,990,159	3,801,446
Accrued interest receivable	27,750	26,746
Federal Home Loan Bank of Indianapolis stock	28,350	28,350
Cash surrender value of bank-owned life insurance	41,111	40,882
Premises and equipment, net	72,150	73,463
Goodwill	4,687	4,687
Servicing asset, at fair value	14,662	10,567
Other real estate owned	251	375
Accrued income and other assets	60,087	51,098
Total assets	5,823,259	5,167,572
Liabilities and Shareholders’ Equity
Noninterest-bearing deposits	111,591	123,464
Interest-bearing deposits	4,686,119	3,943,509
Total deposits	4,797,710	4,066,973
Advances from Federal Home Loan Bank	515,000	614,934
Subordinated debt, net of unamortized debt issuance costs of $1,929 and $2,162 in 2024 and 2023, respectively	105,071	104,838
Accrued interest payable	2,808	3,848
Accrued expenses and other liabilities	17,541	14,184
Total liabilities	5,438,130	4,804,777
Commitments and Contingencies
Shareholders’ Equity
Preferred stock, no par value; 4,913,779 shares authorized; issued and outstanding - none	0	0
Retained earnings	223,824	207,470
Accumulated other comprehensive loss	(24,326)	(29,375)
Total shareholders’ equity	385,129	362,795
Total liabilities and shareholders’ equity	5,823,259	5,167,572
Voting Common Stock
Shareholders’ Equity
Common stock	185,631	184,700
Nonvoting Common Stock
Shareholders’ Equity
Common stock	$ 0	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Securities available-for-sale, amortized cost	$ 605,722	$ 513,315
Securities held-to-maturity, allowance for credit losses	200	293
Securities held-to-maturity, net, fair value	249,618	207,572
Unamortized debt issuance costs	$ 1,929	$ 2,162
Preferred stock, authorized (in shares)	4,913,779	4,913,779
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Voting Common Stock
Common stock, authorized (in shares)	45,000,000	45,000,000
Common stock, issued (in shares)	8,667,894	8,644,451
Common stock, outstanding (in shares)	8,667,894	8,644,451
Nonvoting Common Stock
Common stock, authorized (in shares)	86,221	86,221
Common stock, issued (in shares)	0	0
Common stock, outstanding (in shares)	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest Income
Loans	$ 59,792	$ 48,898	$ 172,321	$ 139,647
Securities – taxable	6,953	4,301	19,123	11,742
Securities – non-taxable	1,042	912	2,981	2,570
Other earning assets	7,203	8,904	19,691	19,211
Total interest income	74,990	63,015	214,116	173,170
Interest Expense
Deposits	47,415	40,339	134,039	102,285
Other borrowed funds	5,810	5,298	16,251	15,788
Total interest expense	53,225	45,637	150,290	118,073
Net Interest Income	21,765	17,378	63,826	55,097
Provision for credit losses	3,858	1,850	10,360	11,976
Benefit for credit losses - debt securities held to maturity	(29)	(15)	(93)	(15)
(Benefit) Provision for credit losses - off-balance sheet commitments	(439)	111	(398)	1,098
Net Interest Income After Provision for Credit Losses	18,375	15,432	53,957	42,038
Noninterest Income
Gain on sale of loans	9,933	5,569	24,761	14,498
Other	1,127	823	3,683	1,486
Total noninterest income	12,029	7,407	31,409	18,724
Noninterest Expense
Salaries and employee benefits	13,456	11,767	37,714	34,267
Marketing, advertising and promotion	548	500	1,893	2,049
Consulting and professional services	902	552	2,777	2,189
Data processing	675	701	1,845	1,880
Loan expenses	1,524	1,336	4,566	4,385
Premises and equipment	2,918	2,315	8,898	7,753
Deposit insurance premium	1,219	1,067	3,536	2,546
Other	1,552	1,518	4,924	4,311
Total noninterest expense	22,794	19,756	66,153	59,380
Income Before Income Taxes	7,610	3,083	19,213	1,382
Income Tax Provision (Benefit)	620	(326)	1,267	(2,892)
Net Income	$ 6,990	$ 3,409	$ 17,946	$ 4,274
Income Per Share of Common Stock
Basic (in dollars per share)	$ 0.80	$ 0.39	$ 2.07	$ 0.48
Diluted (in dollars per share)	$ 0.80	$ 0.39	$ 2.05	$ 0.48
Weighted-Average Number of Common Shares Outstanding
Basic (in shares)	8,696,634	8,744,385	8,688,304	8,889,532
Diluted (in shares)	8,768,731	8,767,217	8,756,544	8,907,748
Dividends Declared Per Share (in dollars per share)	$ 0.06	$ 0.06	$ 0.18	$ 0.18
Service charges and fees
Noninterest Income
Noninterest income	$ 245	$ 208	$ 711	$ 635
Loan servicing revenue
Noninterest Income
Noninterest income	1,570	1,064	4,363	2,699
Loan servicing asset revaluation
Noninterest Income
Noninterest income	(846)	(257)	(2,109)	(670)
Mortgage banking activities
Noninterest Income
Noninterest income	$ 0	$ 0	$ 0	$ 76

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net income	$ 6,990	$ 3,409	$ 17,946	$ 4,274
Net unrealized holding gains (losses) recorded within other comprehensive income (loss) before income tax	10,620	(11,308)	7,995	(11,006)
Income tax provision (benefit)	2,442	(2,600)	1,841	(2,537)
Amortization of net unrealized holding losses on securities transferred from available-for-sale to held-to-maturity	185	173	607	537
Income tax provision	46	45	149	140
Net effect on other comprehensive income	139	128	458	397
Net unrealized holding (losses) gains on cash flow hedging derivatives recorded within other comprehensive income (loss) before income tax	(2,670)	740	(2,030)	664
Income tax (benefit) provision	(614)	171	(467)	153
Net effect on other comprehensive (loss) income	(2,056)	569	(1,563)	511
Total other comprehensive income (loss)	6,261	(8,011)	5,049	(7,561)
Comprehensive income (loss)	13,251	(4,602)	22,995	(3,287)
Available-For-Sale Securities
Net effect on other comprehensive income (loss)	$ 8,178	$ (8,708)	$ 6,154	$ (8,469)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	[1]	Voting and Nonvoting Common Stock	Common Stock Voting and Nonvoting Common Stock	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	[1]	Accumulated Other Comprehensive Loss
Balance, beginning of period at Dec. 31, 2022	$ 364,974	$ (4,491)			$ 192,935	$ 205,675	$ (4,491)		$ (33,636)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	4,274					4,274
Other comprehensive income (loss)	(7,561)								(7,561)
Dividends declared	(1,602)					(1,602)
Recognition of the fair value of share-based compensation	873				873
Repurchased shares of common stock	(8,535)				(8,535)
Excise tax on repurchase of common stock	(85)				(85)
Deferred stock rights and restricted stock units issued in lieu of cash dividends payable on outstanding deferred stock rights and restricted stock units	3				3
Common stock redeemed for the net settlement of share-based awards	(106)				(106)
Balance, end of period at Sep. 30, 2023	347,744				185,085	203,856			(41,197)
Balance, beginning of period at Jun. 30, 2023	354,332				186,545	200,973			(33,186)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,409					3,409
Other comprehensive income (loss)	(8,011)								(8,011)
Dividends declared	(526)					(526)
Recognition of the fair value of share-based compensation	386				386
Repurchased shares of common stock	(1,828)				(1,828)
Excise tax on repurchase of common stock	(18)			$ (18)
Balance, end of period at Sep. 30, 2023	347,744				185,085	203,856			(41,197)
Balance, beginning of period at Dec. 31, 2023	362,795				184,700	207,470			(29,375)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	17,946					17,946
Other comprehensive income (loss)	5,049								5,049
Dividends declared	(1,592)					(1,592)
Recognition of the fair value of share-based compensation	1,356				1,356
Repurchased shares of common stock	(283)				(283)
Excise tax on repurchase of common stock	(3)				(3)
Deferred stock rights and restricted stock units issued in lieu of cash dividends payable on outstanding deferred stock rights and restricted stock units	3				3
Common stock redeemed for the net settlement of share-based awards	(142)				(142)
Balance, end of period at Sep. 30, 2024	385,129				185,631	223,824			(24,326)
Balance, beginning of period at Jun. 30, 2024	371,953				185,175	217,365			(30,587)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,990					6,990
Other comprehensive income (loss)	6,261								6,261
Dividends declared	(531)					(531)
Recognition of the fair value of share-based compensation	454				454
Deferred stock rights and restricted stock units issued in lieu of cash dividends payable on outstanding deferred stock rights and restricted stock units	2				2
Balance, end of period at Sep. 30, 2024	$ 385,129				$ 185,631	$ 223,824			$ (24,326)
[1] Reflects the impact of adopting Accounting Standards Update (“ASU”) 2016-13.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Accounting Standards Update [Extensible Enumeration]				Accounting Standards Update 2016-13 [Member]
Dividends declared (in dollars per share)	$ 0.06	$ 0.18	$ 0.18
Repurchased shares of common stock (in shares)	97,834	10,500	462,525

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Operating Activities
Net income	$ 17,946	$ 4,274
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	6,030	3,019
Increase in cash surrender value of bank-owned life insurance	(817)	(760)
Provision for credit losses	9,869	13,059
Share-based compensation expense	1,356	873
Loans originated for sale	(366,948)	(248,622)
Proceeds from sale of loans	374,561	249,296
Gain on loans sold	(24,761)	(14,969)
Gain on sale of other real estate owned	(31)	0
Decrease in fair value of loans held-for-sale	0	143
Loss on derivatives	768	362
Gain on bank-owned life insurance	(149)	0
Loan servicing asset revaluation	2,109	670
Net change in accrued income and other assets	(3,525)	(4,385)
Net change in accrued expenses and other liabilities	2,739	(3,584)
Net cash provided by (used in) operating activities	19,147	(624)
Investing Activities
Net loan activity, excluding purchases	(117,719)	(51,677)
Proceeds from sale of other real estate owned	406	0
Maturities and calls of securities available-for-sale	54,418	39,749
Purchase of securities available-for-sale	(148,019)	(110,749)
Maturities and calls of securities held-to-maturity	18,426	14,236
Purchase of securities held-to-maturity	(53,977)	(53,573)
Purchase of premises and equipment	(2,097)	(4,970)
Proceeds from bank-owned life insurance	737	0
Loans purchased	(81,605)	(194,318)
Other investing activities	(11,857)	(3,442)
Net cash used in investing activities	(341,287)	(364,744)
Financing Activities
Net increase in deposits	730,737	640,370
Cash dividends paid	(1,580)	(1,623)
Repurchase of common stock	(283)	(8,620)
Proceeds from advances from Federal Home Loan Bank	430,000	415,000
Repayment of advances from Federal Home Loan Bank	(530,000)	(415,000)
Other, net	(153)	(106)
Net cash provided by financing activities	628,721	630,021
Net Increase in Cash and Cash Equivalents	306,581	264,653
Cash and Cash Equivalents, Beginning of Period	405,898	256,552
Cash and Cash Equivalents, End of Period	712,479	521,205
Supplemental Disclosures
Cash paid during the period for interest	151,330	118,019
Cash paid during the period for taxes	492	864
Loans transferred to other real estate owned	251	106
Cash dividends declared, paid in subsequent period	520	520
Securities purchased during the period, settled in subsequent period	$ 0	$ 2,632

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information or footnotes necessary for a complete presentation of financial condition, results of operations, changes in shareholders’ equity, or cash flows in accordance with GAAP. In our opinion, all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation have been included. The results of operations for the three and nine months ended September 30, 2024 are not necessarily indicative of the results expected for the year ending December 31, 2024 or any other period. The September 30, 2024 condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes included in the First Internet Bancorp Annual Report on Form 10-K for the year ended December 31, 2023. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates, judgments, or assumptions that could have a material effect on the carrying value of certain assets and liabilities. These estimates, judgments, and assumptions affect the amounts reported in the condensed consolidated financial statements and the disclosures provided. The determination of the allowance for credit losses, income taxes, valuations and impairments of investment securities and goodwill, as well as fair value measurements of derivatives and loans held-for-sale are highly dependent upon management’s estimates, judgments, and assumptions, and changes in any of these could have a significant impact on the condensed consolidated financial statements. The condensed consolidated financial statements include the accounts of First Internet Bancorp (the “Company”), its wholly owned subsidiary, First Internet Bank of Indiana (the “Bank”), and the Bank’s three wholly owned subsidiaries, First Internet Public Finance Corp., JKH Realty Services, LLC and SPF15, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation. The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business. It is the opinion of management that the disposition or ultimate resolution of such claims and lawsuits will not have a material adverse effect on the consolidated financial position, results of operations, and cash flows of the Company.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Earnings per share of common stock are based on the weighted-average number of basic shares and dilutive shares outstanding during the period. The following is a reconciliation of the weighted-average common shares for the basic and diluted earnings per share computations for the three and nine months ended September 30, 2024 and 2023. (dollars in thousands, except share and per share data) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Basic earnings per share Net income $ 6,990 $ 3,409 $ 17,946 $ 4,274 Weighted-average common shares 8,696,634 8,744,385 8,688,304 8,889,532 Basic earnings per common share $ 0.80 $ 0.39 $ 2.07 $ 0.48 Diluted earnings per share Net income $ 6,990 $ 3,409 $ 17,946 $ 4,274 Weighted-average common shares 8,696,634 8,744,385 8,688,304 8,889,532 Dilutive effect of equity compensation 72,097 22,832 68,240 18,216 Weighted-average common and incremental shares 8,768,731 8,767,217 8,756,544 8,907,748 Diluted earnings per common share 1 $ 0.80 $ 0.39 $ 2.05 $ 0.48 1

Securities

Securities	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The following tables summarize securities available-for-sale and securities held-to-maturity as of September 30, 2024 and December 31, 2023. September 30, 2024 Amortized Gross Unrealized Fair (in thousands) Cost Gains Losses Value Securities available-for-sale U.S. Government-sponsored agencies $ 88,990 $ 539 $ (1,213) $ 88,316 Municipal securities 67,399 24 (2,000) 65,423 Agency mortgage-backed securities - residential 1 290,213 673 (25,033) 265,853 Agency mortgage-backed securities - commercial 65,772 184 (1,022) 64,934 Private label mortgage-backed securities - residential 34,971 295 (730) 34,536 Asset-backed securities 18,318 41 (18) 18,341 Corporate securities 40,059 84 (2,289) 37,854 Total available-for-sale $ 605,722 $ 1,840 $ (32,305) $ 575,257 September 30, 2024 Amortized Cost Gross Unrealized Fair Value Allowance for Credit Losses Net Carrying Value (in thousands) Gains Losses Securities held-to-maturity Municipal securities $ 12,859 $ 1 $ (613) $ 12,247 $ (3) $ 12,856 Agency mortgage-backed securities - residential 207,878 935 (11,515) 197,298 — 207,878 Agency mortgage-backed securities - commercial 5,722 — (824) 4,898 — 5,722 Corporate securities 37,061 — (1,886) 35,175 (197) 36,864 Total held-to-maturity $ 263,520 $ 936 $ (14,838) $ 249,618 $ (200) $ 263,320 1 Includes $0.3 million of additional premium related to terminated interest rate swaps associated with agency mortgage-backed securities - residential as of September 30, 2024 . December 31, 2023 Amortized Gross Unrealized Fair (in thousands) Cost Gains Losses Value Securities available-for-sale U.S. Government-sponsored agencies $ 96,404 $ 402 $ (1,629) $ 95,177 Municipal securities 69,494 356 (1,404) 68,446 Agency mortgage-backed securities - residential 1 237,798 101 (31,250) 206,649 Agency mortgage-backed securities - commercial 40,215 9 (1,339) 38,885 Private label mortgage-backed securities - residential 21,742 144 (1,107) 20,779 Asset-backed securities 8,071 17 (7) 8,081 Corporate securities 39,591 25 (2,778) 36,838 Total available-for-sale $ 513,315 $ 1,054 $ (39,514) $ 474,855 December 31, 2023 Amortized Gross Unrealized Fair Allowance for Credit Losses Net Carrying Value (in thousands) Cost Gains Losses Value Securities held-to-maturity Municipal securities $ 13,892 $ 1 $ (853) $ 13,040 $ (3) $ 13,889 Agency mortgage-backed securities - residential 166,750 4 (14,112) 152,642 — 166,750 Agency mortgage-backed securities - commercial 5,767 — (1,246) 4,521 — 5,767 Corporate securities 41,037 — (3,668) 37,369 (290) 40,747 Total held-to-maturity $ 227,446 $ 5 $ (19,879) $ 207,572 $ (293) $ 227,153 1 Includes $0.4 million of additional premium related to terminated interest rate swaps associated with agency mortgage-backed securities - residential as of December 31, 2023. Accrued interest receivable on AFS and HTM securities at September 30, 2024 was $2.8 million and $1.2 million, respectively, compared to $2.9 million and $1.2 million, respectively, at December 31, 2023, and is included in accrued interest receivable on the condensed consolidated balance sheet. The Company elected to exclude all accrued interest receivable from securities when estimating credit losses. At both September 30, 2024 and December 31, 2023, over 94% of mortgage-backed securities (including both AFS and HTM) held by the Company are issued by U.S. government-sponsored entities and agencies. These securities are either explicitly or implicitly guaranteed by the U.S. government and have a long history of no credit losses; therefore, the Company did not record an ACL on these securities. Additionally, the Company evaluated credit impairment for individual AFS securities that are in an unrealized loss position and determined that the unrealized losses are unrelated to credit quality and are primarily attributable to changes in interest rates and volatility in the financial markets. As the Company does not intend to sell the AFS securities that are in an unrealized loss position, and it is unlikely that it will be required to sell these securities before recovery of their amortized cost basis, the Company did not record an ACL on these securities. The Company also evaluated its HTM securities that are in an unrealized loss position and considered issuer bond ratings, historical loss rates for bond ratings and economic forecasts. The ACL on HTM securities at September 30, 2024 was $0.2 million. The carrying value of securities at September 30, 2024 is shown below by their contractual maturity date. Actual maturities will differ because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available-for-Sale (in thousands) Amortized Fair Within one year $ 10,725 $ 10,537 One to five years 22,032 22,069 Five to ten years 72,412 70,160 After ten years 91,279 88,827 196,448 191,593 Agency mortgage-backed securities - residential 290,213 265,853 Agency mortgage-backed securities - commercial 65,772 64,934 Private label mortgage-backed securities - residential 34,971 34,536 Asset-backed securities 18,318 18,341 Total $ 605,722 $ 575,257 Held-to-Maturity (in thousands) Amortized Fair Within one year $ 1,812 $ 1,795 One to five years 15,201 14,791 Five to ten years 29,408 27,666 After ten years 3,499 3,170 49,920 47,422 Agency mortgage-backed securities - residential 207,878 197,298 Agency mortgage-backed securities - commercial 5,722 4,898 Total $ 263,520 $ 249,618 There were no gross gains or losses resulting from the sale of available-for-sale securities during the three and nine months ended September 30, 2024 and September 30, 2023, respectively. Certain investments in debt securities are reported in the condensed consolidated financial statements at an amount less than their historical cost. The total fair value of these investments at September 30, 2024 and December 31, 2023 was $586.9 million and $578.9 million, which was approximately 71% and 85%, respectively, of the Company’s AFS and HTM securities portfolios. As of September 30, 2024, the Company’s security portfolio consisted of 573 securities, of which 442 were in an unrealized loss position. As of December 31, 2023, the Company’s security portfolio consisted of 512 securities, of which 434 were in an unrealized loss position. The unrealized losses are related to the categories noted below. U. S. Government-Sponsored Agencies, Municipal Securities and Corporate Securities The unrealized losses on the Company’s investments in securities issued by U.S. Government-sponsored agencies, municipal organizations and corporate entities were caused primarily by interest rate changes. The contractual terms of those investments do not permit the issuer to settle the securities at a price less than the amortized cost basis of the investments. The Company does not intend to sell the investments and it is not likely that the Company will be required to sell the investments before recovery of their amortized cost basis, which may be upon maturity. Agency Mortgage-Backed and Private Label Mortgage-Backed Securities The unrealized losses on the Company’s investments in agency mortgage-backed and private label mortgage-backed securities were caused primarily by interest rate changes. The Company expects to recover the amortized cost basis over the terms of the securities. The Company does not intend to sell the investments and it is not likely that the Company will be required to sell the investments before recovery of their amortized cost basis, which may be upon maturity. The following tables show the securities portfolio’s gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2024 and December 31, 2023. September 30, 2024 Less Than 12 Months 12 Months or Longer Total (in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Securities available-for-sale U.S. Government-sponsored agencies $ 24,430 $ (93) $ 22,792 $ (1,120) $ 47,222 $ (1,213) Municipal securities 2,465 (125) 49,399 (1,875) 51,864 (2,000) Agency mortgage-backed securities- residential 44,406 (119) 181,557 (24,914) 225,963 (25,033) Agency mortgage-backed securities- commercial 18,779 (63) 12,518 (959) 31,297 (1,022) Private label mortgage-backed securities - residential 5,049 (20) 8,048 (710) 13,097 (730) Asset-backed securities 7,467 (18) — — 7,467 (18) Corporate securities 4,325 (675) 22,413 (1,614) 26,738 (2,289) Total $ 106,921 $ (1,113) $ 296,727 $ (31,192) $ 403,648 $ (32,305) December 31, 2023 Less Than 12 Months 12 Months or Longer Total (in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Securities available-for-sale U.S. Government-sponsored agencies $ 41,934 $ (161) $ 24,579 $ (1,468) $ 66,513 $ (1,629) Municipal securities 2,399 (103) 36,193 (1,301) 38,592 (1,404) Agency mortgage-backed securities - residential 1,089 (5) 194,095 (31,245) 195,184 (31,250) Agency mortgage-backed securities - commercial 21,561 (50) 14,217 (1,289) 35,778 (1,339) Private label mortgage-backed securities - residential 3,567 (29) 9,114 (1,078) 12,681 (1,107) Asset-backed securities 1,654 (7) — — 1,654 (7) Corporate securities 1,680 (365) 24,587 (2,413) 26,267 (2,778) Total $ 73,884 $ (720) $ 302,785 $ (38,794) $ 376,669 $ (39,514) The following tables summarize ratings for the Company’s HTM portfolio as of September 30, 2024 and December 31, 2023. September 30, 2024 Held-to-Maturity (in thousands) Municipal Securities Mortgage-Backed Securities - Residential Mortgage-Backed Securities - Commercial Corporate Securities Total AAA equivalent - agency $ — $ 207,878 $ 5,722 $ — $ 213,600 Aa1/AA+ 8,889 — — — 8,889 Aa2/AA 2,177 — — — 2,177 Aa3/AA- 1,793 — — — 1,793 A2/A — — — 5,000 5,000 A3/A- — — — 4,501 4,501 Baa1/BBB+ — — — 8,500 8,500 Baa2/BBB — — — 8,500 8,500 Baa3/BBB- — — — 8,560 8,560 Ba1/BB+ — — — 2,000 2,000 Total $ 12,859 $ 207,878 $ 5,722 $ 37,061 $ 263,520 December 31, 2023 Held-to-Maturity (in thousands) Municipal Securities Mortgage-Backed Securities - Residential Mortgage-Backed Securities - Commercial Corporate Securities Total AAA equivalent - agency $ — $ 166,750 $ 5,767 $ — $ 172,517 Aa1/AA+ 9,917 — — — 9,917 Aa2/AA 1,538 — — — 1,538 A1/A+ 1,794 — — — 1,794 A2/A 643 — — 5,000 5,643 A3/A- — — — 4,509 4,509 Baa1/BBB+ — — — 8,500 8,500 Baa2/BBB — — — 8,500 8,500 Baa3/BBB- — — — 12,528 12,528 Ba1/BB+ — — — 2,000 2,000 Total $ 13,892 $ 166,750 $ 5,767 $ 41,037 $ 227,446

Loans

Loans	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Loans	Loans Loan balances as of September 30, 2024 and December 31, 2023 are summarized in the table below. Categories of loans include: (in thousands) September 30, 2024 December 31, 2023 Commercial loans Commercial and industrial $ 111,199 $ 129,349 Owner-occupied commercial real estate 56,461 57,286 Investor commercial real estate 260,614 132,077 Construction 340,954 261,750 Single tenant lease financing 932,148 936,616 Public finance 462,730 521,764 Healthcare finance 190,287 222,793 Small business lending 298,645 218,506 Franchise finance 550,442 525,783 Total commercial loans 3,203,480 3,005,924 Consumer loans Residential mortgage 378,701 395,648 Home equity 20,264 23,669 Other consumer loans 404,388 377,614 Total consumer loans 803,353 796,931 Total commercial and consumer loans 4,006,833 3,802,855 Net deferred loan origination fees/costs and premiums/discounts on purchased loans and other 1 29,047 37,365 Total loans 4,035,880 3,840,220 Allowance for credit losses (45,721) (38,774) Net loans $ 3,990,159 $ 3,801,446 1 Includes carrying value adjustments of $24.1 million and $27.8 million related to terminated interest rate swaps associated with public finance loans as of September 30, 2024 and December 31, 2023, respectively. Risk characteristics of each loan portfolio segment are as follows: Commercial and Industrial: Commercial and industrial loans’ sources of repayment are primarily based on the identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not be as expected, and the collateral securing these loans may fluctuate in value. Loans are made for working capital, equipment purchases, or other purposes. Most commercial and industrial loans are secured by the assets being financed and may incorporate a personal guarantee. This portfolio segment is generally concentrated in the Midwest and Southwest regions of the United States. Owner-Occupied Commercial Real Estate: The primary source of repayment is the cash flow from the ongoing operations and activities conducted by the borrower, or an affiliate of the borrower, who owns the property. This portfolio segment is generally concentrated in the Midwest and Southwest regions of the United States and its loans are often secured by manufacturing and service facilities. Investor Commercial Real Estate: These loans are made on a nationwide basis and are underwritten primarily based on the cash flow expected to be generated from the property and are secondarily supported by the value of the real estate. These loans typically incorporate a personal guarantee from the primary sponsor or sponsors. This portfolio segment generally involves larger loan amounts with repayment primarily dependent on the successful leasing and operation of the property securing the loan or the business conducted on the property securing the loan. Investor commercial real estate loans may be more adversely affected by changing economic conditions in the real estate markets, industry dynamics or the overall health of the local economy where the property is located. The properties securing the Company’s investor commercial real estate portfolio tend to be diverse in terms of property type. Management monitors and evaluates commercial real estate loans based on property financial performance, collateral value, guarantor strength, economic and industry conditions together with other risk grade criteria. As a general rule, the Company avoids financing special use projects unless other underwriting factors are present to mitigate these additional risks. Construction: Construction loans are made on a nationwide basis and are secured by land and related improvements and are made to assist in the construction of new structures, which may include commercial (retail, industrial, office, and multi-family) properties, land development for residential properties or single family residential properties offered for sale by the builder. These loans generally finance a variety of project costs, including land, site preparation, architectural services, construction, closing and soft costs and interim financing needs. The cash flows of builders, while initially predictable, may fluctuate with market conditions, and the value of the collateral securing these loans may be subject to fluctuations based on general economic changes. Single Tenant Lease Financing: These loans are made on a nationwide basis to owners of real estate subject to long-term lease arrangements with single tenant operators. The real estate is typically operated by regionally, nationally or globally branded businesses. The loans are underwritten based on the financial strength of the borrower, characteristics of the real estate, cash flows generated from the lease arrangements and the financial strength of the tenant. Similar to the other loan portfolio segments, management monitors and evaluates these loans based on borrower and tenant financial performance, collateral value, industry trends and other risk grade criteria. Public Finance: These loans are made on a nationwide basis to governmental and not-for-profit entities to provide both tax-exempt and taxable loans for a variety of purposes including: short-term cash-flow needs; debt refinancing; economic development; quality of life projects; infrastructure improvements; renewable energy projects; and equipment financing. The primary sources of repayment for public finance loans include pledged revenue sources including but not limited to: general obligations; property taxes; income taxes; tax increment revenue; utility revenue; gaming revenues; sales tax; and pledged general revenue. Certain loans may also include an additional collateral pledge of mortgaged property or a security interest in financed equipment. Healthcare Finance: These loans are made on a nationwide basis to healthcare providers, primarily dentists, for practice acquisition financing or refinancing that occasionally includes owner-occupied commercial real estate and equipment purchases. The sources of repayment are primarily based on the identified cash flows from operations of the borrower and related entities and secondarily on the underlying collateral provided by the borrower. Small Business Lending: These loans are made on a nationwide basis to small businesses and generally carry a partial guaranty from the U.S. Small Business Administration (“SBA”) under its 7(a) loan program. We generally sell the government guaranteed portion of SBA loans into the secondary market while retaining the non-guaranteed portion of the loan and the servicing rights. Loans in the small business lending portfolio have sources of repayment that are primarily based on the identified cash flows of the borrower and secondarily on any underlying collateral provided by the borrower. Loans may, but do not always, have a collateral shortfall. For SBA loans where the guaranteed portion is retained, the SBA guaranty provides a tertiary source of repayment to the Bank in event of borrower default. Cash flows of borrowers, however, may not be as expected and collateral securing these loans may fluctuate in value. Loans are made for a broad array of purposes including, but not limited to, providing operating cash flow, funding ownership changes, and facilitating equipment and commercial real estate purchases. Franchise Finance: These loans are made on a nationwide basis through our partnership with ApplePie Capital, which through their deep relationships with franchise brands provides franchisees with financing options for new franchise units, recapitalization, expansion, equipment and working capital. The sources of repayment are either based on identified cash flows from existing operations of the borrower or pro forma cash flow for new franchise locations. Residential Mortgage: With respect to residential loans that are secured by 1-to-4 family residences and are generally owner occupied, the Company typically establishes a maximum loan-to-value ratio and requires private mortgage insurance if that ratio is exceeded. Repayment of these loans is primarily dependent on the financial circumstances of the borrowers, which can be impacted by economic conditions in their market areas such as unemployment levels. Repayment can also be impacted by changes in residential property values. Risk is mitigated by the fact that the loans are of smaller individual amounts and spread over a large number of borrowers in geographically diverse locations throughout the country. Home Equity: Home equity loans and lines of credit are typically secured by a subordinate interest in 1-to-4 family residences. The properties securing the home equity portfolio segment are generally geographically diverse as the Company offers these products on a nationwide basis. Repayment of these loans and lines of credit is primarily dependent on the financial circumstances of the borrowers and may be impacted by changes in unemployment levels and property values on residential properties, among other economic conditions in the market. Other Consumer: These loans primarily consist of consumer loans and credit cards. Consumer loans may be secured by consumer assets such as horse trailers or recreational vehicles. Some consumer loans are unsecured, such as small installment loans, home improvement loans and certain lines of credit. Repayment of consumer loans is primarily dependent upon the personal income of the borrowers, which can be impacted by economic conditions in their market areas such as unemployment levels. Risk is mitigated by the fact that the loans are of smaller individual amounts and spread over a large number of borrowers in geographically diverse locations throughout the country. Allowance for Credit Losses (“ACL”) Methodology The ACL for loans represents management's estimate of all expected credit losses over the expected life of the Company’s existing loan portfolio. Management estimates the ACL balance using relevant available information about the collectability of cash flows, from internal and external sources, including historical information relating to past events, current conditions, and reasonable and supportable forecasts of future economic conditions. When the Company is unable to forecast future economic events, management may revert to historical information. The Company's methodologies incorporate a one-year reasonable and supportable forecast period with a one-year straight line reversion to the long-term historical average. The ACL methodology may also consider other adjustments to address changes in conditions, trends, and circumstances such as local industry changes that could have a significant impact on the risk profile of the loan portfolio and provide for adjustments that may not be reflected and/or captured in the historical loss data. These factors include: lending policies, imprecision in forecasting future economic conditions, loan profile, lending staff, problem loan trends, loan review, collateral, credit concentration, or other internal and external factors. The Company also includes qualitative adjustments to the allowance based on factors and considerations that have not otherwise been fully accounted for. Qualitative adjustments include, but are not limited to: • Changes in lending policies and procedures, including changes in underwriting standards and collections, charge-offs and recovery practices • Changes in international, national, regional and local conditions • Changes in the nature and volume of the portfolio and terms of loans • Changes in the experience, depth and ability of lending management • Changes in the volume and severity of past due loans and other similar conditions • Changes in the quality of the organization’s loan review system • Changes in the value of underlying collateral for collateral dependent loans • The existence and effect of any concentrations of credit and changes in the levels of such concentrations • The effect of other external factors (i.e. competition, legal and regulatory requirements) on the level of estimated credit losses The ACL is measured on a collective or pool basis when similar risk characteristics exist. The Company segments its portfolio generally by Federal Financial Institutions Examination Council ("FFIEC") Call Report codes that align with its lines of business. Additional sub-segmentation may be utilized to identify groups of loans with unique risk characteristics relative to the rest of the portfolio. Loans that do not share similar risk characteristics are evaluated on an individual basis. These evaluations are typically performed on loans with a deteriorated internal risk rating. The allowance for credit loss is determined based on several methods, including estimating the fair value of the underlying collateral or the present value of expected cash flows. The Company relies on a third-party platform that offers multiple methodologies to measure historical life-of-loan losses. Modified Loans to Borrowers Experiencing Financial Difficulty The Company may make modifications to certain loans in order to alleviate temporary difficulties in the borrower’s financial condition and/or constraints on the borrower’s ability to repay the loan, and to minimize potential losses to the Company. Modifications may include changes in the amortization terms of the loan, other-than-insignificant payment delays, reductions in interest rates, acceptance of interest only payments, and/or reductions to the outstanding loan balance. Such loans may be placed on nonaccrual status when there is doubt concerning the full repayment of principal and interest or the loan has been delinquent for a period of 90 days or more. These loans may be returned to accrual status when all contractual amounts past due have been brought current, and the borrower’s performance under the modified terms of the loan agreement and the ultimate collectability of all contractual amounts due under the modified terms is no longer in doubt. The Company typically measures the ACL on modified loans to borrowers experiencing financial difficulty on an individual basis when the loans are deemed to no longer share risk characteristics that are similar with other loans in the portfolio. The determination of the ACL for these loans is based on a discounted cash flow approach for both those measured collectively and individually, unless the loan is deemed collateral dependent, which requires measurement of the ACL based on the estimated expected fair value of the underlying collateral, less costs to sell. GAAP requires the Company to make certain disclosures related to these loans, including certain types of modifications, as well as how such loans have performed since their modifications. Provision for Credit Losses A provision for estimated losses on loans is charged to income based upon management’s evaluation of the potential losses. Such an evaluation, which includes a review of all loans for which full repayment may not be reasonably assured, considers, among other matters, the estimated net realizable value of the underlying collateral, as applicable, economic conditions, loan loss experience, and other factors that are particularly susceptible to changes that could result in a material adjustment in the near term. While management attempts to use the best information available in making its evaluations, future allowance adjustments may be necessary if economic conditions change substantially from the assumptions used in making the evaluations. Policy for Charging Off Loans The Company’s policy is to charge off a loan at any point in time when it no longer can be considered a bankable asset, meaning collectible within the parameters of policy. A secured loan is generally charged down to the estimated fair value of the collateral, less costs to sell, no later than when it is 120 days past due as to principal or interest. An unsecured loan generally is charged off no later than when it is 180 days past due as to principal or interest. A home improvement loan generally is charged off no later than when it is 90 days past due as to principal or interest. The following tables present changes in the balance of the ACL during the three and nine months ended September 30, 2024 and 2023. (in thousands) Three Months Ended September 30, 2024 Allowance for credit losses: Balance, Beginning of Period (Credit) Provision Charged to Expense Losses Recoveries Balance, Commercial and industrial $ 1,389 $ (166) $ — $ 3 $ 1,226 Owner-occupied commercial real estate 561 (9) — — 552 Investor commercial real estate 1,172 (29) — — 1,143 Construction 3,140 (357) — — 2,783 Single tenant lease financing 8,256 (1,562) — — 6,694 Public finance 742 (44) — — 698 Healthcare finance 1,809 (87) — — 1,722 Small business lending 11,993 3,346 (1,309) 169 14,199 Franchise finance 5,991 1,963 — — 7,954 Residential mortgage 2,112 67 (17) — 2,162 Home equity 118 (6) — 3 115 Other consumer loans 6,122 742 (425) 34 6,473 Total $ 43,405 $ 3,858 $ (1,751) $ 209 $ 45,721 (in thousands) Nine Months Ended September 30, 2024 Allowance for credit losses: Balance, Beginning of Period (Credit) Provision Charged to Expense Losses Recoveries Balance, Commercial and industrial $ 2,185 $ (966) $ — $ 7 $ 1,226 Owner-occupied commercial real estate 825 (273) — — 552 Investor commercial real estate 1,311 (168) — — 1,143 Construction 2,167 616 — — 2,783 Single tenant lease financing 8,129 (1,240) (195) — 6,694 Public finance 1,372 (674) — — 698 Healthcare finance 1,976 (254) — — 1,722 Small business lending 6,532 9,564 (2,171) 274 14,199 Franchise finance 6,363 2,168 (577) — 7,954 Residential mortgage 2,054 193 (86) 1 2,162 Home equity 171 (62) — 6 115 Other consumer loans 5,689 1,456 (760) 88 6,473 Total $ 38,774 $ 10,360 $ (3,789) $ 376 $ 45,721 (in thousands) Three Months Ended September 30, 2023 Allowance for credit losses: Balance, Beginning of Period (Credit) Provision Charged to Expense Losses Recoveries Balance, Commercial and industrial $ 1,849 $ 260 $ — $ 1 $ 2,110 Owner-occupied commercial real estate 789 69 — — 858 Investor commercial real estate 1,416 488 (591) — 1,313 Construction 1,940 163 — — 2,103 Single tenant lease financing 9,970 (1,605) — — 8,365 Public finance 1,509 (98) — — 1,411 Healthcare finance 2,421 (194) — — 2,227 Small business lending 2,618 2,341 (751) 13 4,221 Franchise finance 4,484 763 — — 5,247 Residential mortgage 2,550 (215) (56) 1 2,280 Home equity 224 (34) — 2 192 Other consumer loans 6,288 (88) (119) 44 6,125 Total $ 36,058 $ 1,850 $ (1,517) $ 61 $ 36,452 (in thousands) Nine Months Ended September 30, 2023 Allowance for credit losses: Balance, Beginning of Period Adoption of CECL (Credit) Provision Charged to Expense Losses Recoveries Balance, Commercial and industrial $ 1,711 $ (120) $ 7,265 $ (6,965) $ 219 $ 2,110 Owner-occupied commercial real estate 651 62 145 — — 858 Investor commercial real estate 1,099 (191) 996 (591) — 1,313 Construction 2,074 (435) 464 — — 2,103 Single tenant lease financing 10,519 (346) (1,808) — — 8,365 Public finance 1,753 (135) (207) — — 1,411 Healthcare finance 2,997 1,034 (1,779) (25) — 2,227 Small business lending 2,168 334 3,834 (2,169) 54 4,221 Franchise finance 3,988 (313) 1,903 (331) — 5,247 Residential mortgage 1,559 406 367 (56) 4 2,280 Home equity 69 133 (15) — 5 192 Other consumer loans 3,149 2,533 811 (502) 134 6,125 Total $ 31,737 $ 2,962 $ 11,976 $ (10,639) $ 416 $ 36,452 Accrued interest receivable on loans totaled $27.8 million and $26.7 million at September 30, 2024 and December 31, 2023, respectively, and is excluded from the estimate of credit losses. The Company made the accounting policy election to not measure an ACL for accrued interest receivable. Accrued interest deemed uncollectible will be written off through interest income. In addition to the ACL, the Company established a reserve for off-balance sheet commitments, classified in other liabilities, as required by the adoption of the CECL methodology for measuring credit losses. This reserve is maintained at a level management believes to be sufficient to absorb losses arising from unfunded loan commitments. The day one entry for off-balance sheet commitments resulted in a reserve of $2.5 million. The adequacy of the reserve for unfunded commitments is determined quarterly based on methodology similar to the methodology for determining the ACL. The following tables detail activity in the provision (benefit) for credit losses on off-balance sheet commitments for the three and nine months ended September 30, 2024. (in thousands) Balance Provision (Benefit) for credit losses Balance Off-balance sheet commitments Commercial loans Commercial and industrial $ 188 $ 24 $ 212 Owner-occupied commercial real estate — 24 24 Investor commercial real estate — 10 10 Construction 3,420 (556) 2,864 Single tenant lease financing — 28 28 Small business lending 131 31 162 Total commercial loans 3,739 (439) 3,300 Consumer loans Residential mortgage 3 (1) 2 Home equity 33 1 34 Other consumer 11 — 11 Total consumer loans 47 — 47 Total allowance for off-balance sheet commitments $ 3,786 $ (439) $ 3,347 (in thousands) Balance Provision (Benefit) for credit losses Balance Off-balance sheet commitments Commercial loans Commercial and industrial $ 233 $ (21) $ 212 Owner-occupied commercial real estate 9 15 24 Investor commercial real estate 6 4 10 Construction 2,889 (25) 2,864 Single tenant lease financing — 28 28 Small business lending 541 (379) 162 Total commercial loans 3,678 (378) 3,300 Consumer loans Residential mortgage 11 (9) 2 Home equity 45 (11) 34 Other consumer 11 — 11 Total consumer loans 67 (20) 47 Total allowance for off-balance sheet commitments $ 3,745 $ (398) $ 3,347 The following table details activity in the provision for credit losses on off-balance sheet commitments for the three and nine months ended September 30, 2023. (in thousands) Balance Provision (Benefit) for credit losses Balance Off-balance sheet commitments Commercial loans Commercial and industrial $ 188 $ 18 $ 206 Owner-occupied commercial real estate 8 1 9 Investor commercial real estate 20 (3) 17 Construction 2,897 (8) 2,889 Small business lending 242 148 390 Total commercial loans 3,355 156 3,511 Consumer loans Residential mortgage 59 (34) 25 Home equity 63 (9) 54 Other consumer 14 (2) 12 Total consumer loans 136 (45) 91 Total allowance for off-balance sheet commitments $ 3,491 $ 111 $ 3,602 (in thousands) Pre-ASC 326 Adoption Impact of ASC 326 Adoption Provision (Benefit) for credit losses Balance Off-balance sheet commitments Commercial loans Commercial and industrial $ — $ 110 $ 96 $ 206 Owner-occupied commercial real estate — — 9 9 Investor commercial real estate — 9 8 17 Construction — 2,193 696 2,889 Healthcare finance — 2 (2) — Small business lending — — 390 390 Total commercial loans — 2,314 1,197 3,511 Consumer loans Residential mortgage — 127 (102) 25 Home equity — 52 2 54 Other consumer — 11 1 12 Total consumer loans — 190 (99) 91 Total allowance for off-balance sheet commitments $ — $ 2,504 $ 1,098 $ 3,602 The Company utilizes a risk grading matrix to assign a risk grade to each of its commercial loans. A description of the general characteristics of the risk grades is as follows: • “Pass” - Higher quality loans that do not fit any of the other categories described below. • “Special Mention” - Loans that possess some credit deficiency or potential weakness, which deserve close attention. • “Substandard” - Loans that possess a defined weakness or weaknesses that jeopardize the liquidation of the debt. Loans characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Loans that are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. • “Doubtful” - Such loans have been placed on nonaccrual status and may be heavily dependent upon collateral possessing a value that is difficult to determine or based upon some near-term event that lacks clear certainty. These loans have all of the weaknesses of those classified as Substandard; however, based on existing conditions, these weaknesses make full collection of the principal balance highly improbable. • “Loss” - Loans that are considered uncollectible and of such little value that continuing to carry them as assets is not warranted. The Company does not risk grade its consumer loans. It classifies them as either performing or nonperforming. Below is a description of those classifications: • “Performing” - Loans that are accruing and full collection of principal and interest is expected. • “Nonperforming” - Loans that are 90 days delinquent or for which the full collection of principal and interest may be in doubt. The following tables present the credit risk profile of the Company’s commercial and consumer loan portfolios by loan class and by year of origination for the years indicated based on rating category and payment activity as of September 30, 2024 and December 31, 2023. September 30, 2024 Term Loans (amortized cost basis by origination year) Revolving loans amortized cost basis Revolving loans converted to term (in thousands) 2024 2023 2022 2021 2020 Prior Total Commercial and industrial Pass $ 15,655 $ 9,127 $ 14,422 $ 5,480 $ 2,397 $ 18,819 $ 40,614 $ — $ 106,514 Special Mention 51 172 4,462 — — — — — 4,685 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total commercial and 15,706 9,299 18,884 5,480 2,397 18,819 40,614 — 111,199 Year-to-date gross charge-offs — — — — — — — — — Owner-occupied commercial real estate Pass 3,432 1,467 10,496 6,538 5,766 16,263 — — 43,962 Special Mention — — 574 897 8,208 1,165 — — 10,844 Substandard — — — — — 1,655 — — 1,655 Doubtful — — — — — — — — — Total owner-occupied 3,432 1,467 11,070 7,435 13,974 19,083 — — 56,461 Year-to-date gross charge-offs — — — — — — — — — Investor commercial real estate Pass 60,642 2,894 90,280 65,050 9,673 27,709 — — 256,248 Special Mention — — — — — 4,366 — — 4,366 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total investor commercial real 60,642 2,894 90,280 65,050 9,673 32,075 — — 260,614 Year-to-date gross charge-offs — — — — — — — — — Construction Pass 24,292 128,924 136,518 47,004 2,098 — 2,118 — 340,954 Special Mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total construction 24,292 128,924 136,518 47,004 2,098 — 2,118 — 340,954 Year-to-date gross charge-offs — — — — — — — — — Single tenant lease financing Pass 40,680 51,925 214,769 88,047 64,010 447,248 — — 906,679 Special Mention 646 — 7,667 4,333 — 12,823 — — 25,469 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total single tenant lease 41,326 51,925 222,436 92,380 64,010 460,071 — — 932,148 Year-to-date gross charge-offs — — — — — 195 — — 195 Public finance Pass 5,565 1,788 7,790 27,775 634 417,168 — — 460,720 Special Mention — — — — — 2,010 — — 2,010 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total public finance 5,565 1,788 7,790 27,775 634 419,178 — — 462,730 Year-to-date gross charge-offs — — — — — — — — — September 30, 2024 Term Loans (amortized cost basis by origination year) Revolving loans amortized cost basis Revolving loans converted to term (in thousands) 2024 2023 2022 2021 2020 Prior Total Healthcare finance Pass — — — 9,220 108,900 71,521 — — 189,641 Special Mention — — — — — 646 — — 646 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total healthcare finance — — — 9,220 108,900 72,167 — — 190,287 Year-to-date gross charge-offs — — — — — — — — — Small business lending 1 Pass 95,188 103,226 32,612 12,447 10,500 11,643 14,191 — 279,807 Special Mention 977 2,365 1,556 642 364 579 991 — 7,474 Substandard — 5,350 2,579 70 1,437 1,466 462 — 11,364 Doubtful — — — — — — — — — Total small business lending 96,165 110,941 36,747 13,159 12,301 13,688 15,644 — 298,645 Year-to-date gross charge-offs — 1,303 677 — 104 87 — — 2,171 Franchise finance Pass 62,376 238,009 185,117 45,867 — — — — 531,369 Special Mention — 2,226 3,993 6,339 — — — — 12,558 Substandard — 2,985 3,057 473 — — — — 6,515 Doubtful — — — — — — — — — Total franchise finance 62,376 243,220 192,167 52,679 — — — — 550,442 Year-to-date gross charge-offs — 281 — 296 — — — — 577 Consumer loans Residential mortgage Performing 1,393 13,746 186,656 87,071 29,170 57,496 — — 375,532 Nonperforming — — 828 611 69 1,661 — — 3,169 Total residential mortgage 1,393 13,746 187,484 87,682 29,239 59,157 — — 378,701 Year-to-date gross charge-offs — — 28 58 — — — — 86 Home equity Performing — 1,018 1,577 364 431 557 15,392 925 20,264 Nonperforming — — — — — — — — — Total home equity — 1,018 1,577 364 431 557 15,392 925 20,264 Year-to-date gross charge-offs — — — — — — — — — Other consumer Performing 82,580 102,067 92,328 35,338 22,069 69,149 841 — 404,372 Nonperforming — — — — 2 14 — — 16 Total other consumer 82,580 102,067 92,328 35,338 22,071 69,163 841 — 404,388 Year-to-date gross charge-offs 49 214 235 100 1 161 — — 760 Total Loans $ 393,477 $ 667,289 $ 997,281 $ 443,566 $ 265,728 $ 1,163,958 $ 74,609 $ 925 $ 4,006,833 Total year-to-date gross charge-offs $ 49 $ 1,798 $ 940 $ 454 $ 105 $ 443 $ — $ — $ 3,789 1 Balance in “Substandard” is partially guaranteed by the U.S. government. December 31, 2023 Term Loans (amortized cost basis by origination year) Revolving loans amortized cost basis Revolving loans converted to term (in thousands) 2023 2022 2021 2020 2019 Prior Total Commercial and industrial Pass $ 24,329 $ 19,382 $ 15,464 $ 2,502 $ 12,365 $ 8,703 $ 41,967 $ — $ 124,712 Special Mention — 4,637 — — — — — — 4,637 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total commercial and 24,329 24,019 15,464 2,502 12,365 8,703 41,967 — 129,349 Year-to-date gross charge-offs — — 6,914 5 130 — — — 7,049 Owner-occupied commercial real estate Pass 1,492 10,731 7,990 6,591 5,255 12,485 — — 44,544 Special Mention — 584 922 8,392 — 1,189 — — 11,087 Substandard — — — — — 1,655 — — 1,655 Doubtful — — — — — — — — — Total owner-occupied 1,492 11,315 8,912 14,983 5,255 15,329 — — 57,286 Year-to-date gross charge-offs — — — — — — — — — Investor commercial real estate Pass 6,571 35,209 26,841 9,864 47,827 5,765 — — 132,077 Special Mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total investor commercial real 6,571 35,209 26,841 9,864 47,827 5,765 — — 132,077 Year-to-date gross charge-offs — — — — — 591 — — 591 Construction Pass 26,539 153,066 70,175 6,121 — — 5,849 — 261,750 Special Mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total construction 26,539 153,066 70,175 6,121 — — 5,849 — 261,750 Year-to-date gross charge-offs — — — — — — — — — Single tenant lease financing Pass 52,360 221,964 89,075 65,863 142,023 346,695 — — 917,980 Special Mention — 4,362 6,698 3,032 — 4,544 — — 18,636 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total single tenant lease 52,360 226,326 95,773 68,895 142,023 351,239 — — 936,616 Year-to-date gross charge-offs — — — — — — — — — Public finance Pass 3,805 30,583 29,750 719 43,611 411,176 — — 519,644 Special Mention — — — — — 2,120 — — 2,120 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total public finance 3,805 30,583 29,750 719 43,611 413,296 — — 521,764 Year-to-date gross charge-offs — — — — — — — — — December 31, 2023 Term Loans (amortized cost basis by origination year) Revolving loans amortized cost basis Revolving loans converted to term (in thousands) 2023 2022 2021 2020 2019 Prior Total Healthcare finance Pass — — 9,955 124,654 63,486 23,484 — — 221,579 Special Mention — — — — 1,214 — — — 1,214 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total healthcare finance — — 9,955 124,654 64,700 23,484 — — 222,793 Year-to-date gross charge-offs — — — — 605 — — — 605 Small business lending 1 Pass 119,149 42,077 15,180 13,948 4,582 9,215 5,388 — 209,539 Special Mention 343 496 — 341 265 698 — — 2,143 Substandard 1,095 1,854 52 1,777 1,155 417 474 — 6,824 Doubtful — — — — — — — — — Total small business lending 120,587 44,427 15,232 16,066 6,002 10,330 5,862 — 218,506 Year-to-date gross charge-offs 67 739 416 1,364 — — — — 2,586 Franchise finance Pass 256,944 210,617 57,919 — — — — — 525,480 Special Mention — — — — — — — — — Substandard — — 303 — — — — — 303 Doubtful — — — — — — — — — Total franchise finance 256,944 210,617 58,222 — — — — — 525,783 Year-to-date gross charge-offs — 331 — — — — — — 331 Consumer loans Residential mortgage Performing 14,942 195,453 91,010 30,092 13,072 48,330 — — 392,899 Nonperforming — 738 456 73 — 1,4

Premises and Equipment

Premises and Equipment	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment The following table summarizes premises and equipment at September 30, 2024 and December 31, 2023. (in thousands) September 30, 2024 December 31, 2023 Land $ 5,598 $ 5,598 Construction in process 382 1,119 Right of use leased asset 203 66 Building and improvements 62,583 60,699 Furniture and equipment 21,677 20,836 Less: accumulated depreciation (18,293) (14,855) Total $ 72,150 $ 73,463

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill As of September 30, 2024 and December 31, 2023, the carrying amount of goodwill was $4.7 million. There have been no changes in the carrying amount of goodwill for the three and nine months ended September 30, 2024 or September 30, 2023. Goodwill is assessed for impairment annually as of August 31, or more frequently if events occur or circumstances change that indicate an impairment may exist. When assessing goodwill for impairment, first, a qualitative assessment can be made to determine whether it is more likely than not that the estimated fair value of a reporting unit is less than its estimated carrying value. If the results of the qualitative assessment are not conclusive, a quantitative goodwill test is performed. Alternatively, a quantitative goodwill test can be performed without performing a qualitative assessment. Goodwill was assessed for impairment using a qualitative test performed as of August 31, 2024. The estimated fair value of the reporting unit exceeded the net carrying value, and therefore no goodwill impairment existed as of that date.

Servicing Asset

Servicing Asset	9 Months Ended
	Sep. 30, 2024
Transfers and Servicing [Abstract]
Servicing Asset	Servicing Asset Activity for the servicing asset and the related changes in fair value for the three and nine months ended September 2024 and 2023 are shown in the table below. Three Months Ended (in thousands) September 30, 2024 September 30, 2023 Balance, beginning of period $ 13,009 $ 8,251 Additions: Originated 2,499 1,585 Subtractions Paydowns: (689) (408) Changes in fair value due to changes in valuation inputs or assumptions used in (157) 151 Loan servicing asset revaluation $ (846) $ (257) Balance, end of period $ 14,662 $ 9,579 Nine Months Ended (in thousands) September 30, 2024 September 30, 2023 Balance, beginning of period $ 10,567 $ 6,255 Additions: Originated 6,204 3,994 Subtractions Paydowns: (2,097) (1,275) Changes in fair value due to changes in valuation inputs or assumptions used in (12) 605 Loan servicing asset revaluation $ (2,109) $ (670) Balance, end of period $ 14,662 $ 9,579 Loans serviced for others are not included in the condensed consolidated balance sheets. The unpaid principal balances of these loans serviced for others as of September 30, 2024 and December 31, 2023 are shown in the table below. (in thousands) September 30, 2024 December 31, 2023 Loan portfolios serviced for: SBA guaranteed loans $ 783,276 $ 531,927 Total $ 783,276 $ 531,927 Loan servicing revenue totaled $1.6 million and $4.4 million for the three and nine months ended September 30, 2024, respectively, and $1.1 million and $2.7 million for the three and nine months ended September 30, 2023, respectively. Loan servicing asset revaluation, which represents the change in fair value of the servicing asset, resulted in a $0.8 million and $2.1 million downward valuation for the three and nine months ended September 30, 2024, respectively, and a $0.3 million and $0.7 million downward valuation for both the three and nine months ended September 30, 2023, respectively. The fair value of servicing rights is highly sensitive to changes in underlying assumptions. Though fluctuations in prepayment speeds and changes in secondary market premiums generally have the most substantial impact on the fair value of servicing rights, other influencing factors include changing economic conditions, changes to the discount rate assumption and the weighted average life of the servicing portfolio. Measurement of fair value is limited to the conditions existing and the assumptions used as of a particular point in time; however, those assumptions may change over time. Refer to Note 11 - Fair Value of Financial Instruments for further details.

Subordinated Debt

Subordinated Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Subordinated Debt	Subordinated Debt In June 2019, the Company issued $37.0 million aggregate principal amount of 6.0% Fixed-to-Floating Rate Subordinated Notes due 2029 (the “2029 Notes”) in a public offering. The 2029 Notes bear interest at a floating rate equal to three-month Term SOFR plus 4.376%. All interest on the 2029 Notes is payable quarterly. The 2029 Notes are scheduled to mature on June 30, 2029. The 2029 Notes are unsecured subordinated obligations of the Company and may be repaid at any time, without penalty. The 2029 Notes are intended to qualify as Tier 2 capital under regulatory guidelines. In October 2020, the Company entered into a term loan in the principal amount of $10.0 million, evidenced by a term note due 2030 (the “2030 Note”). The 2030 Note initially bears a fixed interest rate of 6.0% per year to, but excluding, November 1, 2025 and thereafter at a floating rate equal to the then-current benchmark rate (initially three-month Term SOFR plus 5.795%). The 2030 Note is scheduled to mature on November 1, 2030. The 2030 Note is an unsecured subordinated obligation of the Company and may be repaid, without penalty, on any interest payment date on or after November 1, 2025. The 2030 Note is intended to qualify as Tier 2 capital under regulatory guidelines. The Company used the net proceeds from the issuance of the 2030 Note to redeem a subordinated term note that had been entered into in October 2015. In August 2021, the Company issued $60.0 million aggregate principal amount of 3.75% Fixed-to-Floating Rate Subordinated Notes due 2031 (the “2031 Notes”) in a private placement. The 2031 Notes initially bear a fixed interest rate of 3.75% per year to, but excluding, September 1, 2026, and thereafter a floating rate equal to the then-current benchmark rate (initially three-month Term SOFR plus 3.11%). The 2031 Notes are scheduled to mature on September 1, 2031. The 2031 Notes are unsecured subordinated obligations of the Company and may be repaid, without penalty, on any interest payment date on or after September 1, 2026. The 2031 Notes are intended to qualify as Tier 2 capital under regulatory guidelines. The Company used a portion of the net proceeds from the issuance of the 2031 Notes to redeem subordinated notes issued by the Company in 2016. Pursuant to the terms of a Registration Rights Agreement between the Company and the initial purchasers of the 2031 Notes, the Company offered to exchange the 2031 Notes for subordinated notes that are registered under the Securities Act of 1933, as amended, and have substantially the same terms as the 2031 Notes. On December 30, 2021, we completed an exchange of $59.3 million principal amount of the unregistered 2031 Notes for registered 2031 Notes in satisfaction of our obligations under the registration rights agreement. Holders of $0.7 million of unregistered 2031 Notes did not participate in the exchange. The following table presents the principal balance and unamortized discount and debt issuance costs for the 2029 Notes, the 2030 Note, and the 2031 Notes as of September 30, 2024 and December 31, 2023. September 30, 2024 December 31, 2023 (in thousands) Principal Unamortized Discount and Debt Issuance Costs Principal Unamortized Discount and Debt Issuance Costs 2029 Notes $ 37,000 $ (743) $ 37,000 $ (862) 2030 Notes 10,000 (143) 10,000 (160) 2031 Notes 60,000 (1,043) 60,000 (1,140) Total $ 107,000 $ (1,929) $ 107,000 $ (2,162)

Benefit Plans

Benefit Plans	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans Employment Agreements The Company is party to certain employment agreements with each of its Chief Executive Officer, President and Chief Operating Officer and Executive Vice President and Chief Financial Officer. The employment agreements each provide for annual base salaries and annual bonuses, if any, as determined from time to time by the Compensation Committee of our Board of Directors. The annual bonuses are to be determined with reference to the achievement of annual performance objectives established by the Compensation Committee. The agreements also provide that each of the Chief Executive Officer, President and Chief Operating Officer and Executive Vice President and Chief Financial Officer, may be awarded additional compensation, benefits, or consideration as the Compensation Committee may determine. The agreements also provide for the continuation of salary and certain other benefits for a specified period of time upon termination of employment under certain circumstances, including resignation for “good reason,” termination by the Company without “cause” at any time or any termination of employment within twelve months following a “change in control,” along with other specific conditions. 2022 Equity Incentive Plan The First Internet Bancorp 2022 Equity Incentive Plan (the “2022 Plan”) was approved by our Board of Directors and ratified by our shareholders on May 16, 2022. The plan permits awards of incentive and non-statutory stock options, stock appreciation rights, restricted stock awards, stock unit awards, performance awards and other stock-based awards. All employees, consultants and advisors of the Company or any subsidiary, as well as all non-employee directors of the Company, are eligible to receive awards under the 2022 Plan. The 2022 Plan initially authorized the issuance of 400,000 new shares of the Company’s common stock plus all shares of common stock that remained available for future grants under the First Internet Bancorp 2013 Equity Incentive Plan (the “2013 Plan”). Award Activity Under 2022 Plan The Company recorded $0.4 million and $1.1 million o f share-based compensation expense for the three and nine months ended September 30, 2024, respectively, related to stock-based awards under the 2022 Plan. The Company recorded $0.2 million and $0.6 million o f share-based compensation expense for the three and nine months ended September 30, 2023, respectively, related to stock-based awards under the 2022 Plan . The following table summarizes the stock-based award activity under the 2022 Plan for the nine months ended September 30, 2024. Restricted Stock Units Weighted-Average Grant Date Fair Value Per Share Restricted Stock Awards Weighted-Average Grant Date Fair Value Per Share Deferred Stock Units Weighted-Average Grant Date Fair Value Per Share Unvested at December 31, 2023 72,354 $ 24.61 30,030 $ 11.18 — $ — Granted 75,222 24.13 12,040 31.46 — — Cancelled/Forfeited (1,290) 24.37 — — — — Vested (14,294) 24.52 (30,030) 11.18 — — Unvested at September 30, 2024 131,992 $ 24.35 12,040 $ 31.46 — $ — At September 30, 2024, the total unrecognized compensation cost related to unvested stock-based awards under the 2022 Plan was $2.4 million with a weighted-average expense recognition period of 1.8 years. 2013 Equity Incentive Plan The 2013 Plan authorized the issuance of 750,000 shares of the Company’s common stock in the form of stock-based awards to employees, directors, and other eligible persons. Although outstanding stock-based awards under the 2013 Plan remain in place according to their terms, our authority to grant new awards under the 2013 Plan terminated upon shareholder approval of the 2022 Plan. Award Activity Under 2013 Plan The Company recorded $0.1 million and $0.2 million of share-based compensation expense for the three and nine months ended September 30, 2024, respectively, related to stock-based awards under the 2013 Plan . The Company recorded less than $0.2 million and $0.3 million of share-based compensation expense for the three and nine months ended September 30, 2023, respectively, related to stock-based awards under the 2013 Plan . The following table summarizes the stock-based award activity under the 2013 Plan for the nine months ended September 30, 2024. Restricted Stock Units Weighted-Average Grant Date Fair Value Per Share Restricted Stock Awards Weighted-Average Grant Date Fair Value Per Share Deferred Stock Units Weighted-Average Grant Date Fair Value Per Share Unvested at December 31, 2023 53,985 $ 39.86 — $ — — $ — Cancelled/Forfeited (22,806) 30.45 — — — — Vested (8,089) 46.64 — — — — Unvested at September 30, 2024 23,090 $ 46.69 — $ — — $ — At September 30, 2024, the total unrecognized compensation cost related to unvested stock-based awards under the 2013 Plan was $0.1 million with a weighted-average expense recognition period of 0.3 years. Directors Deferred Stock Plan Until January 2014, the Company had a practice of granting awards under a stock compensation plan for members of the Board of Directors (“Directors Deferred Stock Plan”). The Company reserved 180,000 shares of common stock that could have been issued pursuant to the Directors Deferred Stock Plan. The plan provided directors the option to elect to receive up to 100% of their annual retainer in either common stock or deferred stock rights. Deferred stock rights were to be settled in common stock following the end of the deferral period payable on the basis of one share of common stock for each deferred stock right. The following table summarizes the status of deferred stock rights related to the Directors Deferred Stock Plan for the nine months ended September 30, 2024. Deferred Stock Rights Outstanding, beginning of period 28,538 Granted 213 Outstanding, end of period 28,751

Commitments and Credit Risk

Commitments and Credit Risk	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Credit Risk	Commitments and Credit Risk

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC Topic 820, Fair Value Measurement , defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 also specifies a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets or liabilities Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a recurring basis and recognized in the accompanying condensed consolidated balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. Available-for-Sale Securities Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. The Company did not own any securities classified within Level 1 of the hierarchy as of September 30, 2024 or December 31, 2023. Level 2 securities include U.S. Government-sponsored agencies, municipal securities, mortgage and asset-backed securities and corporate securities. Matrix pricing is a mathematical technique widely used in the banking industry to value investment securities. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the hierarchy. Fair values are calculated using discounted cash flows. Discounted cash flows are calculated based off of the anticipated future cash flows updated to incorporate loss severities. Rating agency and industry research reports as well as default and deferral activity are reviewed and incorporated into the calculation. The Company did not own any securities classified within Level 3 of the hierarchy as of September 30, 2024 or December 31, 2023. Loans Held-for-Sale (mandatory pricing agreements) The fair value of loans held-for-sale is determined using quoted prices for similar assets, adjusted for specific attributes of that loan (Level 2). Servicing Asset Fair value is based on a loan-by-loan basis taking into consideration the origination to maturity dates of the loans, the current age of the loans and the remaining term to maturity. The valuation methodology utilized for the servicing asset begins with generating estimated future cash flows for each servicing asset based on their unique characteristics and market-based assumptions for prepayment speeds and costs to service. The present value of the future cash flows is then calculated utilizing market-based discount rate assumptions (Level 3). Interest Rate Swap Agreements The fair values of interest rate swap agreements are estimated using current market interest rates as of the balance sheet date and calculated using discounted cash flows that are observable or that can be corroborated by observable market data (Level 2). Back-to-Back Swap Agreements The Company offers interest rate swaps to certain loan customers to allow them to hedge the risk of rising interest rates on their variable rate loans. The Company originates a variable rate loan and enters into a variable-to-fixed interest rate contract with the customer. The Company also enters into an offsetting interest rate swap with a correspondent bank. These back-to-back swap agreements are intended to offset each other and allow the Company to originate a variable rate loan, while providing a contract for fixed interest payments for the customer. The net cash flow for the Company is equal to the interest income received from a variable rate loan originated with the customer. The fair value of these derivatives is based on a discounted cash flow approach. The fair value assets and liabilities of centrally cleared interest rate swaps are net of variation margin settled-to-market (Level 2). Interest Rate Lock Commitments The fair values of IRLCs are determined using the projected sale price of individual loans based on changes in market interest rates, projected pull-through rates (the probability that an IRLC will ultimately result in an originated loan), the reduction in the value of the applicant’s option due to the passage of time, and the remaining origination costs to be incurred based on management’s estimate of market costs (Level 3). The following tables present the fair value measurements of assets and liabilities recognized in the accompanying condensed consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2024 and December 31, 2023. September 30, 2024 (in thousands) Fair Quoted Prices Significant Significant U.S. Government-sponsored agencies $ 88,316 $ — $ 88,316 $ — Municipal securities 65,423 — 65,423 — Agency mortgage-backed securities - residential 265,853 — 265,853 — Agency mortgage-backed securities - commercial 64,934 — 64,934 — Private label mortgage-backed securities - residential 34,536 — 34,536 — Asset-backed securities 18,341 — 18,341 — Corporate securities 37,854 — 37,854 — Total available-for-sale securities $ 575,257 $ — $ 575,257 $ — Servicing asset 14,662 — — 14,662 Interest rate swap agreements 2,079 — 2,079 — Interest rate swap agreements - assets (back-to-back) 700 — 700 — Interest rate swap agreements - liabilities (back-to-back) (700) — (700) — December 31, 2023 (in thousands) Fair Quoted Prices Significant Significant U.S. Government-sponsored agencies $ 95,177 $ — $ 95,177 $ — Municipal securities 68,446 — 68,446 — Agency mortgage-backed securities - residential 206,649 — 206,649 — Agency mortgage-backed securities - commercial 38,885 — 38,885 — Private label mortgage-backed securities - residential 20,779 — 20,779 — Asset-backed securities 8,081 — 8,081 — Corporate securities 36,838 — 36,838 — Total available-for-sale securities $ 474,855 $ — $ 474,855 $ — Servicing asset 10,567 — — 10,567 Interest rate swap agreements 5,139 — 5,139 — Interest rate swap agreements - assets (back-to-back) 677 — 677 — Interest rate swap agreements - liabilities (back-to-back) (677) — (677) — The following tables reconcile the beginning and ending balances of recurring fair value measurements recognized in the accompanying condensed consolidated balance sheets using significant unobservable (Level 3) inputs for the three and nine months ended September 30, 2024 and 2023. Three Months Ended (in thousands) Servicing Asset Interest Rate Lock Balance as of July 1, 2024 $ 13,009 $ — Total realized gains Additions: Originated 2,499 — Subtractions: Paydowns (689) — Change in fair value (157) — Balance, September 30, 2024 $ 14,662 $ — Balance as of July 1, 2023 $ 8,251 $ — Total realized gains Additions: Originated 1,585 — Subtractions: Paydowns (408) — Change in fair value 151 — Balance, September 30, 2023 $ 9,579 $ — Nine Months Ended (in thousands) Servicing Asset Interest Rate Lock Balance, January 1, 2024 $ 10,567 $ — Total realized gains Additions: Originated 6,204 — Subtractions: — Paydowns (2,097) — Change in fair value (12) — Balance, September 30, 2024 $ 14,662 $ — Balance, January 1, 2023 $ 6,255 $ 133 Total realized gains Additions: Originated 3,994 — Subtractions: Paydowns (1,275) — Change in fair value 605 (133) Balance, September 30, 2023 $ 9,579 $ — The following describes the valuation methodologies and inputs used for assets measured at fair value on a nonrecurring basis, as well as the general classification of such assets pursuant to the valuation hierarchy. Individually Analyzed Collateral Dependent Loans Loans for which it is probable that the Company will not collect all principal and interest due according to contractual terms are measured for impairment. The amount of impairment may be determined based on the fair value of the underlying collateral, less costs to sell, the estimated present value of future cash flows or the loan’s observable market price. If the individually analyzed loan is identified as collateral dependent, the fair value of the underlying collateral, less costs to sell, is used to measure impairment. This method requires obtaining a current independent appraisal of the collateral and applying a discount factor to the value. If the individually analyzed loan is not collateral dependent, the Company utilizes a discounted cash flow analysis to measure impairment. Individually analyzed loans with a specific valuation allowance based on the value of the underlying collateral or a discounted cash flow analysis are classified as Level 3 assets. The following table presents the fair value measurements of assets and liabilities recognized in the accompanying condensed consolidated balance sheets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurement falls at September 30, 2024 and December 31, 2023. September 30, 2024 (in thousands) Fair Value Measurements Using Fair Quoted Prices Significant Significant Collateral dependent loans $ 7,221 $ — $ — $ 7,221 December 31, 2023 (in thousands) Fair Value Measurements Using Fair Quoted Prices Significant Significant Collateral dependent loans $ 2,799 $ — $ — $ 2,799 Significant Unobservable (Level 3) Inputs The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. (dollars in thousands) Fair Value at Valuation Significant Unobservable Range Weighted-Average Range Collateral dependent loans $ 7,221 Fair value of collateral Discount for type of property and current market conditions 0%- 90% 21% Servicing asset 14,662 Discounted cash flow Prepayment speeds Discount rate 0% - 25% 14% 11.6% 14% (dollars in thousands) Fair Value at Valuation Significant Unobservable Range Weighted-Average Range Collateral dependent loans $ 2,799 Fair value of collateral Discount for type of property and current market conditions 0% - 90% 28% Servicing asset 10,567 Discounted cash flow Prepayment speeds Discount rate 0% - 25% 15% 11.3% 15% The following methods were used to estimate the fair value of all other financial instruments recognized in the accompanying condensed consolidated balance sheets at amounts other than fair value. Cash and Cash Equivalents For these instruments, the carrying amount is a reasonable estimate of fair value. Securities Held-to-Maturity Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities include highly liquid mutual funds. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. Level 2 securities include agency mortgage-backed securities - residential, municipal securities and corporate securities. Matrix pricing is a mathematical technique widely used in the banking industry to value investment securities. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the hierarchy. Fair values are calculated using discounted cash flows. Discounted cash flows are calculated based off of the anticipated future cash flows updated to incorporate loss severities. Rating agency and industry research reports as well as default and deferral activity are reviewed and incorporated into the calculation. The Company did not own any securities classified within Level 3 of the hierarchy as of September 30, 2024 or December 31, 2023. Loans Held-for-Sale (best efforts pricing agreements) The fair value of these loans approximates carrying value. Loans The fair value of loans is estimated on an exit price basis incorporating discounts for credit, liquidity and marketability factors. Accrued Interest Receivable The fair value of these financial instruments approximates carrying value. Federal Home Loan Bank of Indianapolis Stock The fair value of this financial instrument approximates carrying value. Deposits The fair value of noninterest-bearing and interest-bearing demand deposits, savings and money market accounts approximates carrying value. The fair value of fixed maturity certificates of deposit and brokered deposits are estimated using rates currently offered for deposits of similar remaining maturities. Advances from Federal Home Loan Bank The fair value of fixed rate advances is estimated using rates currently available for advances with similar remaining maturities. The carrying value of variable rate advances approximates fair value. Subordinated Debt The fair value of the Company’s publicly traded subordinated debt is obtained from quoted market prices. The fair value of the Company’s remaining subordinated debt is estimated using discounted cash flow analysis, based on current borrowing rates for similar types of debt instruments. Accrued Interest Payable The fair value of these financial instruments approximates carrying value. Commitments The fair value of commitments to extend credit are based on fees currently charged to enter into similar agreements with similar maturities and interest rates. The Company determined that the fair value of commitments was zero based on the contractual value of outstanding commitments at each of September 30, 2024 and December 31, 2023. The following tables present the carrying value and estimated fair value of all financial assets and liabilities that are not measured at fair value on a recurring basis at September 30, 2024 and December 31, 2023. September 30, 2024 (in thousands) Carrying Fair Value Quoted Prices Significant Significant Cash and cash equivalents $ 712,479 $ 712,479 $ 712,479 $ — $ — Securities held-to-maturity, net 263,320 249,618 — 249,618 — Loans held-for-sale (best efforts pricing agreements) 32,996 32,996 — 32,996 — Net loans 3,990,159 3,854,166 — — 3,854,166 Accrued interest receivable 27,750 27,750 27,750 — — Federal Home Loan Bank of Indianapolis stock 28,350 28,350 — 28,350 — Deposits 4,797,710 4,818,679 1,902,494 — 2,916,185 Advances from Federal Home Loan Bank 515,000 516,348 — 516,348 — Subordinated debt 105,071 107,767 37,725 70,042 — Accrued interest payable 2,808 2,808 2,808 — — December 31, 2023 (in thousands) Carrying Fair Value Quoted Prices Significant Significant Cash and cash equivalents $ 405,898 $ 405,898 $ 405,898 $ — $ — Securities held-to-maturity 227,153 207,572 — 207,572 — Loans held-for-sale (best efforts pricing agreements) 22,052 22,052 — 22,052 — Net loans 3,801,446 3,611,909 — — 3,611,909 Accrued interest receivable 26,746 26,746 26,746 — — Federal Home Loan Bank of Indianapolis stock 28,350 28,350 — 28,350 — Deposits 4,066,973 4,059,447 1,796,123 — 2,263,324 Advances from Federal Home Loan Bank 614,934 605,366 — 605,366 — Subordinated debt 104,838 102,632 32,560 70,072 — Accrued interest payable 3,848 3,848 3,848 — —

Mortgage Banking Activities

Mortgage Banking Activities	9 Months Ended
	Sep. 30, 2024
Mortgage Banking [Abstract]
Mortgage Banking Activities	Mortgage Banking Activities The Bank’s residential real estate lending business originated mortgage loans for customers and typically sold a majority of the originated loans into the secondary market. For most of the mortgages sold in the secondary market, the Bank hedged its mortgage banking pipeline by entering into forward contracts for the future delivery of mortgage loans to third party investors and entering into IRLCs with potential borrowers to fund specific mortgage loans that would be sold into the secondary market. To facilitate the hedging of the loans, the Bank elected the fair value option for loans originated and intended for sale in the secondary market under mandatory pricing agreements. Changes in the fair value of loans held-for-sale, IRLCs and forward contracts are recorded in the mortgage banking activities line item within noninterest income. Refer to Note 13 for further information on derivative financial instruments. During both the three and nine months ended September 30, 2024, the Company had no mortgage loans held-for-sale or sold mortgage loans into the secondary market. During the three months ended September 30, 2023, the Company had no mortgage loans held-for-sale and sold mortgage loans into the secondary market. During the nine months ended September 30, 2023, the Company originated $36.3 million of mortgage loans held-for-sale and sold $46.5 million of mortgage loans, respectively, into the secondary market. During the first quarter 2023, the Company made the decision to exit the residential mortgage business. The following table presents the components of income from mortgage banking activities for the three and nine months ended September 30, 2024 and 2023. Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Gain on loans sold $ — $ — $ — $ 471 Loss resulting from the change in fair value of loans held-for-sale — — — (143) Loss resulting from the change in fair value of derivatives — — — (252) Net revenue from mortgage banking activities $ — $ — $ — $ 76 Fluctuations in interest rates and changes in IRLC and loan volume within the mortgage banking pipeline may cause volatility in the fair value of loans held-for-sale and the fair value of derivatives used to hedge the mortgage banking pipeline.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments The Company uses derivative financial instruments to help manage exposure to interest rate risk and the effects that changes in interest rates may have on net income and the fair value of assets and liabilities. The Company enters into interest rate swap agreements as part of its asset/liability management strategy to help manage its interest rate risk position. Additionally, the Company entered into forward contracts for the future delivery of mortgage loans to third-party investors and entered into IRLCs with potential borrowers to fund specific mortgage loans that were sold into the secondary market. The forward contracts were entered into in order to economically hedge the effect of changes in interest rates resulting from the Company’s commitment to fund the loans. The Company had various interest rate swap agreements designated and qualifying as accounting hedges during the reported periods. Designating an interest rate swap as an accounting hedge allows the Company to recognize gains and losses in the condensed consolidated statements of income within the same period that the hedged item affects earnings. The Company includes the gain or loss on the hedged items in the same line item as the offsetting loss or gain on the related interest rate swaps. For derivative instruments that are designated and qualify as cash flow hedges, any gains or losses related to changes in fair value are recorded in accumulated other comprehensive loss, net of tax. The fair value of interest rate swaps with a positive fair value are reported in accrued income and other assets in the condensed consolidated balance sheets, while interest rate swaps with a negative fair value are reported in accrued expenses and other liabilities in the condensed consolidated balance sheets. The Company offers interest rate swaps to certain loan customers to allow them to hedge the risk of rising interest rates on their variable rate loans. The Company originates a variable rate loan and enters into a variable-to-fixed interest rate contract with the customer. The Company also enters into an offsetting interest rate swap with a correspondent bank. These back-to-back swap agreements are intended to offset each other and allow the Company to originate a variable rate loan, while providing a contract for fixed interest payments for the customer. The net cash flow for the Company is equal to the interest income received from a variable rate loan originated with the customer. The fair value of these derivatives is based on a discounted cash flow approach. The fair value assets and liabilities of centrally cleared interest rate swaps are net of variation margin settled-to-market. The IRLCs and forward contracts are not designated as accounting hedges and are recorded at fair value with changes in fair value reflected in noninterest income on the condensed consolidated statements of income. The fair value of derivative instruments with a positive fair value are reported in accrued income and other assets in the condensed consolidated balance sheets, while derivative instruments with a negative fair value are reported in accrued expenses and other liabilities in the condensed consolidated balance sheets. The following table presents amounts that were recorded on the condensed consolidated balance sheets related to cumulative basis adjustments for interest rate swap derivatives designated as fair value accounting hedges as of September 30, 2024 and December 31, 2023. (in thousands) Carrying amount of the hedged asset Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets Line item in the condensed consolidated balance sheets in which the hedged item is included September 30, 2024 December 31, 2023 September 30, 2024 December 31, 2023 Securities available-for-sale 1 $ 67,410 $ 69,504 $ (112) $ (1,143) 1 These amounts include the amortized cost basis of closed portfolios used to designate hedging relationships in which the hedged item is the last layer expected to be remaining at the end of the hedging relationship. The designated hedged items were $50.0 million at both September 30, 2024 and December 31, 2023. The following tables present a summary of interest rate swap derivatives designated as fair value accounting hedges of fixed-rate receivables used in the Company’s asset/liability management activities at September 30, 2024 and December 31, 2023, identified by the underlying interest rate-sensitive instruments. (dollars in thousands) September 30, 2024 Notional Value Weighted- Average Remaining Maturity (years) Weighted-Average Ratio Instruments Associated With Fair Value Receive Pay Securities available-for-sale $ 50,000 0.1 $ 123 3-month SOFR 2.33 % Total swap portfolio at September 30, 2024 $ 50,000 0.1 $ 123 3-month SOFR 2.33 % (dollars in thousands) December 31, 2023 Notional Value Weighted- Average Remaining Maturity (years) Weighted-Average Ratio Instruments Associated With Fair Value Receive Pay Securities available-for-sale $ 50,000 0.8 $ 1,153 3-month SOFR 2.33 % Total swap portfolio at December 31, 2023 $ 50,000 0.8 $ 1,153 3-month SOFR 2.33 % In March 2021, the Company terminated the last layer of interest rate swaps associated with available-for-sale agency mortgage-backed securities - residential, which resulted in swap termination payments to counterparties totaling $1.9 million. The corresponding fair value hedging adjustment was allocated pro-rata to the underlying hedged securities and is being amortized over the remaining lives of the designated securities. The Company had amortization expense totaling less than $0.1 million for both the three and nine months ended September 30, 2024 and 2023, which was recognized as a reduction to interest income on securities. In June 2020, the Company terminated all fair value hedging relationships associated with loans, which resulted in swap termination payments to counterparties totaling $46.1 million. The corresponding loan fair value hedging adjustment as of the date of termination is being amortized over the remaining lives of the designated loans, which have a weighted average term to maturity of 9.8 years as of September 30, 2024. The Company had amortization expense totaling $1.6 million and $3.7 million for the three and nine months ended September 30, 2024, respectively, and $1.5 million and $3.5 million for the three and nine months ended September 30 2023, respectively, related to these previously terminated fair value hedges was recognized as a reduction to interest income on loans. The following tables present a summary of interest rate swap derivatives designated as cash flow accounting hedges of variable-rate liabilities used in the Company’s asset/liability management activities at September 30, 2024 and December 31, 2023. (dollars in thousands) September 30, 2024 Notional Value Weighted- Average Remaining Maturity (years) Weighted-Average Ratio Cash Flow Hedges Fair Value Receive Pay Interest rate swaps $ 110,000 2.3 $ 1,956 3-month SOFR 2.88 % (dollars in thousands) December 31, 2023 Notional Value Weighted- Average Remaining Maturity (years) Weighted-Average Ratio Cash Flow Hedges Fair Value Receive Pay Interest rate swaps $ 110,000 3.1 $ 3,596 3-month SOFR 2.88 % Interest rate swaps 40,000 0.4 390 Fed Funds Effective 2.78 % These derivative financial instruments were entered into for the purpose of managing the interest rate risk of certain assets and liabilities. The Company received $1.6 million and $5.2 million of cash collateral from counterparties as security for their obligations related to these swap transactions at September 30, 2024 and December 31, 2023. The Company had no pledged cash collateral as of September 30, 2024 and December 31, 2023 to counterparties on interest rate swap agreements as security for its obligations related to these agreements. Collateral posted and received is dependent on the market valuation of the underlying hedges. The following table presents the notional amount and fair value of interest rate swaps utilized by the Company at September 30, 2024 and December 31, 2023. September 30, 2024 December 31, 2023 (in thousands) Notional Fair Notional Fair Asset Derivatives Derivatives designated as hedging instruments Interest rate swaps associated with securities available-for-sale $ 50,000 $ 123 $ 50,000 $ 1,153 Interest rate swaps associated with liabilities 110,000 1,956 150,000 3,986 Derivatives not designated as hedging instruments Back-to-back swaps 18,885 700 1,778 677 Total contracts $ 178,885 $ 2,779 $ 201,778 $ 5,816 Liability Derivatives Derivatives not designated as hedging instruments Back-to-back swaps $ 18,885 $ (700) $ 1,778 $ (677) Total contracts $ 18,885 $ (700) $ 1,778 $ (677) The fair value of interest rate swaps was estimated using a discounted cash flow method that incorporates current market interest rates as of the balance sheet date. Back-to-back swaps consist of two interest-rate swaps (a customer swap and an offsetting counterparty swap). As a result of this offsetting relationship, no net gains or losses are recognized in income. The following table presents the effects of the Company’s cash flow hedge relationships on the condensed consolidated statements of comprehensive income during the three and nine months ended September 30, 2024 and 2023. Amount of (Loss) Gain Recognized in Other Comprehensive Income in The Three Months Ended Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) in The Nine Months Ended (in thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Interest rate swap agreements $ (2,670) $ 740 $ (2,030) $ 664 The following table summarizes the periodic changes in the fair value of derivatives not designated as hedging instruments on the condensed consolidated statements of income for the three and nine months ended September 30, 2024 and 2023. Amount of Loss Recognized in the Three Months Ended Amount of Loss Recognized in the Nine Months Ended (in thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Liability Derivatives Derivatives not designated as hedging instruments IRLCs $ — $ — $ — $ (133) Forward contracts — — — (119) The following table presents the effects of the Company’s interest rate swap agreements on the condensed consolidated statements of operations during the three and nine months ended September 30, 2024 and 2023. (in thousands) Line item in the condensed consolidated statements of operations Three Months Ended Nine Months Ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Interest income Securities - non-taxable $ 421 $ 407 $ 1,250 $ 1,055 Total interest income 421 407 1,250 1,055 Interest expense Deposits — (372) (424) (1,330) Other borrowed funds (782) (748) (2,304) (1,865) Total interest expense (782) (1,120) (2,728) (3,195) Net interest income $ 1,203 $ 1,527 $ 3,978 $ 4,250

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss, included in shareholders' equity, for the nine months ended September 30, 2024 and 2023, respectively, are presented in the table below. (in thousands) Unrealized Losses On Debt Securities Unrealized Losses On Debt Securities Transferred From Available-For-Sale To Held-To-Maturity Cash Flow Hedges Balance, January 1, 2024 $ (30,174) $ (2,939) $ 3,738 $ (29,375) Other comprehensive income (loss) before reclassifications from accumulated other comprehensive loss before tax 7,995 — (2,030) 5,965 Reclassifications from accumulated other comprehensive loss to earnings before tax — 607 — 607 Other comprehensive gain (loss) before tax 7,995 607 (2,030) 6,572 Income tax provision (benefit) 1,841 149 (467) 1,523 Other comprehensive gain (loss) - net of tax 6,154 458 (1,563) 5,049 Balance, September 30, 2024 $ (24,020) $ (2,481) $ 2,175 $ (24,326) Balance, January 1, 2023 $ (35,831) $ (3,519) $ 5,714 $ (33,636) Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax (11,006) — 664 (10,342) Reclassifications from accumulated other comprehensive loss to earnings before tax — 537 — 537 Other comprehensive (loss) gain before tax (11,006) 537 664 (9,805) Income tax (benefit) provision (2,537) 140 153 (2,244) Other comprehensive (loss) gain - net of tax (8,469) 397 511 (7,561) Balance, September 30, 2023 $ (44,300) $ (3,122) $ 6,225 $ (41,197) The components of accumulated other comprehensive loss, included in stockholders' equity, for the three months ended September 30, 2024 and 2023, respectively, are presented in the table below. (in thousands) Unrealized Losses On Debt Securities Unrealized Losses On Debt Securities Transferred From Available-For-Sale To Held-To-Maturity Cash Flow Hedges Total Balance, July 1, 2024 $ (32,198) $ (2,620) $ 4,231 $ (30,587) Other comprehensive income (loss) before reclassifications from accumulated other comprehensive loss before tax 10,620 — (2,670) 7,950 Reclassifications from accumulated other comprehensive loss to earnings before tax — 185 185 Other comprehensive gain (loss) before tax 10,620 185 (2,670) 8,135 Income tax provision (benefit) 2,442 46 (614) 1,874 Other comprehensive income (loss) - net of tax 8,178 139 (2,056) 6,261 Balance, September 30, 2024 $ (24,020) $ (2,481) $ 2,175 $ (24,326) Balance, July 1, 2023 $ (35,592) $ (3,250) $ 5,656 $ (33,186) Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax (11,308) — 740 (10,568) Reclassifications from accumulated other comprehensive loss to earnings before tax — 173 — 173 Other comprehensive (loss) gain before tax (11,308) 173 740 (10,395) Income tax (benefit) provision (2,600) 45 171 (2,384) Other comprehensive (loss) income - net of tax (8,708) 128 569 (8,011) Balance, September 30, 2023 $ (44,300) $ (3,122) $ 6,225 $ (41,197) Details About Accumulated Other Comprehensive Loss Components Amounts Reclassified from Amounts Reclassified from Affected Line Item in the Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Reclassifications from accumulated other comprehensive loss to earnings before tax $ (185) (173) $ (607) $ (537) Interest income Total amount reclassified before tax (185) (173) (607) (537) Income before income taxes Tax benefit (46) (45) (149) (140) Income tax provision (benefit) Total reclassifications from accumulated other comprehensive loss $ (139) $ (128) $ (458) $ (397) Net income

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2024
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2023-02 - Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (March 2023) In March 2023, the FASB issued ASU No. 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method. This ASU permits companies to account for tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. The Company adopted this guidance on January 1, 2024 and it did not have a material impact on its consolidated financial statements. ASU 2023-07 - Segment Reporting (Topic 280): Improvements to Reportable Segments (November 2023) In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segments. This ASU enhances financial reporting by requiring disclosure of incremental segment information on an annual and interim basis. The guidance is effective for fiscal years beginning after December 15, 2023 and for interim periods within fiscal years beginning after December 15, 2024 with early adoption permitted. The Company is currently evaluating the impact of this ASU on its condensed consolidated financial statements. ASU 2023-09 - Income Taxes (Topic 740): Improvements to Income Tax Disclosures (December 2023)

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2023-02 - Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (March 2023) In March 2023, the FASB issued ASU No. 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method. This ASU permits companies to account for tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. The Company adopted this guidance on January 1, 2024 and it did not have a material impact on its consolidated financial statements. ASU 2023-07 - Segment Reporting (Topic 280): Improvements to Reportable Segments (November 2023) In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segments. This ASU enhances financial reporting by requiring disclosure of incremental segment information on an annual and interim basis. The guidance is effective for fiscal years beginning after December 15, 2023 and for interim periods within fiscal years beginning after December 15, 2024 with early adoption permitted. The Company is currently evaluating the impact of this ASU on its condensed consolidated financial statements. ASU 2023-09 - Income Taxes (Topic 740): Improvements to Income Tax Disclosures (December 2023)

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The following is a reconciliation of the weighted-average common shares for the basic and diluted earnings per share computations for the three and nine months ended September 30, 2024 and 2023. (dollars in thousands, except share and per share data) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Basic earnings per share Net income $ 6,990 $ 3,409 $ 17,946 $ 4,274 Weighted-average common shares 8,696,634 8,744,385 8,688,304 8,889,532 Basic earnings per common share $ 0.80 $ 0.39 $ 2.07 $ 0.48 Diluted earnings per share Net income $ 6,990 $ 3,409 $ 17,946 $ 4,274 Weighted-average common shares 8,696,634 8,744,385 8,688,304 8,889,532 Dilutive effect of equity compensation 72,097 22,832 68,240 18,216 Weighted-average common and incremental shares 8,768,731 8,767,217 8,756,544 8,907,748 Diluted earnings per common share 1 $ 0.80 $ 0.39 $ 2.05 $ 0.48 1

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Securities Reconciliation	The following tables summarize securities available-for-sale and securities held-to-maturity as of September 30, 2024 and December 31, 2023. September 30, 2024 Amortized Gross Unrealized Fair (in thousands) Cost Gains Losses Value Securities available-for-sale U.S. Government-sponsored agencies $ 88,990 $ 539 $ (1,213) $ 88,316 Municipal securities 67,399 24 (2,000) 65,423 Agency mortgage-backed securities - residential 1 290,213 673 (25,033) 265,853 Agency mortgage-backed securities - commercial 65,772 184 (1,022) 64,934 Private label mortgage-backed securities - residential 34,971 295 (730) 34,536 Asset-backed securities 18,318 41 (18) 18,341 Corporate securities 40,059 84 (2,289) 37,854 Total available-for-sale $ 605,722 $ 1,840 $ (32,305) $ 575,257 December 31, 2023 Amortized Gross Unrealized Fair (in thousands) Cost Gains Losses Value Securities available-for-sale U.S. Government-sponsored agencies $ 96,404 $ 402 $ (1,629) $ 95,177 Municipal securities 69,494 356 (1,404) 68,446 Agency mortgage-backed securities - residential 1 237,798 101 (31,250) 206,649 Agency mortgage-backed securities - commercial 40,215 9 (1,339) 38,885 Private label mortgage-backed securities - residential 21,742 144 (1,107) 20,779 Asset-backed securities 8,071 17 (7) 8,081 Corporate securities 39,591 25 (2,778) 36,838 Total available-for-sale $ 513,315 $ 1,054 $ (39,514) $ 474,855
Schedule Of Held-To-Maturity Securities Reconciliation	September 30, 2024 Amortized Cost Gross Unrealized Fair Value Allowance for Credit Losses Net Carrying Value (in thousands) Gains Losses Securities held-to-maturity Municipal securities $ 12,859 $ 1 $ (613) $ 12,247 $ (3) $ 12,856 Agency mortgage-backed securities - residential 207,878 935 (11,515) 197,298 — 207,878 Agency mortgage-backed securities - commercial 5,722 — (824) 4,898 — 5,722 Corporate securities 37,061 — (1,886) 35,175 (197) 36,864 Total held-to-maturity $ 263,520 $ 936 $ (14,838) $ 249,618 $ (200) $ 263,320 1 Includes $0.3 million of additional premium related to terminated interest rate swaps associated with agency mortgage-backed securities - residential as of September 30, 2024 . December 31, 2023 Amortized Gross Unrealized Fair Allowance for Credit Losses Net Carrying Value (in thousands) Cost Gains Losses Value Securities held-to-maturity Municipal securities $ 13,892 $ 1 $ (853) $ 13,040 $ (3) $ 13,889 Agency mortgage-backed securities - residential 166,750 4 (14,112) 152,642 — 166,750 Agency mortgage-backed securities - commercial 5,767 — (1,246) 4,521 — 5,767 Corporate securities 41,037 — (3,668) 37,369 (290) 40,747 Total held-to-maturity $ 227,446 $ 5 $ (19,879) $ 207,572 $ (293) $ 227,153 1 Includes $0.4 million of additional premium related to terminated interest rate swaps associated with agency mortgage-backed securities - residential as of December 31, 2023.
Available-for-sale Securities	The carrying value of securities at September 30, 2024 is shown below by their contractual maturity date. Actual maturities will differ because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available-for-Sale (in thousands) Amortized Fair Within one year $ 10,725 $ 10,537 One to five years 22,032 22,069 Five to ten years 72,412 70,160 After ten years 91,279 88,827 196,448 191,593 Agency mortgage-backed securities - residential 290,213 265,853 Agency mortgage-backed securities - commercial 65,772 64,934 Private label mortgage-backed securities - residential 34,971 34,536 Asset-backed securities 18,318 18,341 Total $ 605,722 $ 575,257
Held-to-maturity Securities	Held-to-Maturity (in thousands) Amortized Fair Within one year $ 1,812 $ 1,795 One to five years 15,201 14,791 Five to ten years 29,408 27,666 After ten years 3,499 3,170 49,920 47,422 Agency mortgage-backed securities - residential 207,878 197,298 Agency mortgage-backed securities - commercial 5,722 4,898 Total $ 263,520 $ 249,618
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	The following tables show the securities portfolio’s gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2024 and December 31, 2023. September 30, 2024 Less Than 12 Months 12 Months or Longer Total (in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Securities available-for-sale U.S. Government-sponsored agencies $ 24,430 $ (93) $ 22,792 $ (1,120) $ 47,222 $ (1,213) Municipal securities 2,465 (125) 49,399 (1,875) 51,864 (2,000) Agency mortgage-backed securities- residential 44,406 (119) 181,557 (24,914) 225,963 (25,033) Agency mortgage-backed securities- commercial 18,779 (63) 12,518 (959) 31,297 (1,022) Private label mortgage-backed securities - residential 5,049 (20) 8,048 (710) 13,097 (730) Asset-backed securities 7,467 (18) — — 7,467 (18) Corporate securities 4,325 (675) 22,413 (1,614) 26,738 (2,289) Total $ 106,921 $ (1,113) $ 296,727 $ (31,192) $ 403,648 $ (32,305) December 31, 2023 Less Than 12 Months 12 Months or Longer Total (in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Securities available-for-sale U.S. Government-sponsored agencies $ 41,934 $ (161) $ 24,579 $ (1,468) $ 66,513 $ (1,629) Municipal securities 2,399 (103) 36,193 (1,301) 38,592 (1,404) Agency mortgage-backed securities - residential 1,089 (5) 194,095 (31,245) 195,184 (31,250) Agency mortgage-backed securities - commercial 21,561 (50) 14,217 (1,289) 35,778 (1,339) Private label mortgage-backed securities - residential 3,567 (29) 9,114 (1,078) 12,681 (1,107) Asset-backed securities 1,654 (7) — — 1,654 (7) Corporate securities 1,680 (365) 24,587 (2,413) 26,267 (2,778) Total $ 73,884 $ (720) $ 302,785 $ (38,794) $ 376,669 $ (39,514) The following tables summarize ratings for the Company’s HTM portfolio as of September 30, 2024 and December 31, 2023. September 30, 2024 Held-to-Maturity (in thousands) Municipal Securities Mortgage-Backed Securities - Residential Mortgage-Backed Securities - Commercial Corporate Securities Total AAA equivalent - agency $ — $ 207,878 $ 5,722 $ — $ 213,600 Aa1/AA+ 8,889 — — — 8,889 Aa2/AA 2,177 — — — 2,177 Aa3/AA- 1,793 — — — 1,793 A2/A — — — 5,000 5,000 A3/A- — — — 4,501 4,501 Baa1/BBB+ — — — 8,500 8,500 Baa2/BBB — — — 8,500 8,500 Baa3/BBB- — — — 8,560 8,560 Ba1/BB+ — — — 2,000 2,000 Total $ 12,859 $ 207,878 $ 5,722 $ 37,061 $ 263,520 December 31, 2023 Held-to-Maturity (in thousands) Municipal Securities Mortgage-Backed Securities - Residential Mortgage-Backed Securities - Commercial Corporate Securities Total AAA equivalent - agency $ — $ 166,750 $ 5,767 $ — $ 172,517 Aa1/AA+ 9,917 — — — 9,917 Aa2/AA 1,538 — — — 1,538 A1/A+ 1,794 — — — 1,794 A2/A 643 — — 5,000 5,643 A3/A- — — — 4,509 4,509 Baa1/BBB+ — — — 8,500 8,500 Baa2/BBB — — — 8,500 8,500 Baa3/BBB- — — — 12,528 12,528 Ba1/BB+ — — — 2,000 2,000 Total $ 13,892 $ 166,750 $ 5,767 $ 41,037 $ 227,446
Schedule of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive loss, included in shareholders' equity, for the nine months ended September 30, 2024 and 2023, respectively, are presented in the table below. (in thousands) Unrealized Losses On Debt Securities Unrealized Losses On Debt Securities Transferred From Available-For-Sale To Held-To-Maturity Cash Flow Hedges Balance, January 1, 2024 $ (30,174) $ (2,939) $ 3,738 $ (29,375) Other comprehensive income (loss) before reclassifications from accumulated other comprehensive loss before tax 7,995 — (2,030) 5,965 Reclassifications from accumulated other comprehensive loss to earnings before tax — 607 — 607 Other comprehensive gain (loss) before tax 7,995 607 (2,030) 6,572 Income tax provision (benefit) 1,841 149 (467) 1,523 Other comprehensive gain (loss) - net of tax 6,154 458 (1,563) 5,049 Balance, September 30, 2024 $ (24,020) $ (2,481) $ 2,175 $ (24,326) Balance, January 1, 2023 $ (35,831) $ (3,519) $ 5,714 $ (33,636) Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax (11,006) — 664 (10,342) Reclassifications from accumulated other comprehensive loss to earnings before tax — 537 — 537 Other comprehensive (loss) gain before tax (11,006) 537 664 (9,805) Income tax (benefit) provision (2,537) 140 153 (2,244) Other comprehensive (loss) gain - net of tax (8,469) 397 511 (7,561) Balance, September 30, 2023 $ (44,300) $ (3,122) $ 6,225 $ (41,197) The components of accumulated other comprehensive loss, included in stockholders' equity, for the three months ended September 30, 2024 and 2023, respectively, are presented in the table below. (in thousands) Unrealized Losses On Debt Securities Unrealized Losses On Debt Securities Transferred From Available-For-Sale To Held-To-Maturity Cash Flow Hedges Total Balance, July 1, 2024 $ (32,198) $ (2,620) $ 4,231 $ (30,587) Other comprehensive income (loss) before reclassifications from accumulated other comprehensive loss before tax 10,620 — (2,670) 7,950 Reclassifications from accumulated other comprehensive loss to earnings before tax — 185 185 Other comprehensive gain (loss) before tax 10,620 185 (2,670) 8,135 Income tax provision (benefit) 2,442 46 (614) 1,874 Other comprehensive income (loss) - net of tax 8,178 139 (2,056) 6,261 Balance, September 30, 2024 $ (24,020) $ (2,481) $ 2,175 $ (24,326) Balance, July 1, 2023 $ (35,592) $ (3,250) $ 5,656 $ (33,186) Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax (11,308) — 740 (10,568) Reclassifications from accumulated other comprehensive loss to earnings before tax — 173 — 173 Other comprehensive (loss) gain before tax (11,308) 173 740 (10,395) Income tax (benefit) provision (2,600) 45 171 (2,384) Other comprehensive (loss) income - net of tax (8,708) 128 569 (8,011) Balance, September 30, 2023 $ (44,300) $ (3,122) $ 6,225 $ (41,197) Details About Accumulated Other Comprehensive Loss Components Amounts Reclassified from Amounts Reclassified from Affected Line Item in the Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Reclassifications from accumulated other comprehensive loss to earnings before tax $ (185) (173) $ (607) $ (537) Interest income Total amount reclassified before tax (185) (173) (607) (537) Income before income taxes Tax benefit (46) (45) (149) (140) Income tax provision (benefit) Total reclassifications from accumulated other comprehensive loss $ (139) $ (128) $ (458) $ (397) Net income

Loans (Tables)

Loans (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loan balances as of September 30, 2024 and December 31, 2023 are summarized in the table below. Categories of loans include: (in thousands) September 30, 2024 December 31, 2023 Commercial loans Commercial and industrial $ 111,199 $ 129,349 Owner-occupied commercial real estate 56,461 57,286 Investor commercial real estate 260,614 132,077 Construction 340,954 261,750 Single tenant lease financing 932,148 936,616 Public finance 462,730 521,764 Healthcare finance 190,287 222,793 Small business lending 298,645 218,506 Franchise finance 550,442 525,783 Total commercial loans 3,203,480 3,005,924 Consumer loans Residential mortgage 378,701 395,648 Home equity 20,264 23,669 Other consumer loans 404,388 377,614 Total consumer loans 803,353 796,931 Total commercial and consumer loans 4,006,833 3,802,855 Net deferred loan origination fees/costs and premiums/discounts on purchased loans and other 1 29,047 37,365 Total loans 4,035,880 3,840,220 Allowance for credit losses (45,721) (38,774) Net loans $ 3,990,159 $ 3,801,446 1 Includes carrying value adjustments of $24.1 million and $27.8 million related to terminated interest rate swaps associated with public finance loans as of September
Allowance for Credit Losses on Financing Receivables	The following tables present changes in the balance of the ACL during the three and nine months ended September 30, 2024 and 2023. (in thousands) Three Months Ended September 30, 2024 Allowance for credit losses: Balance, Beginning of Period (Credit) Provision Charged to Expense Losses Recoveries Balance, Commercial and industrial $ 1,389 $ (166) $ — $ 3 $ 1,226 Owner-occupied commercial real estate 561 (9) — — 552 Investor commercial real estate 1,172 (29) — — 1,143 Construction 3,140 (357) — — 2,783 Single tenant lease financing 8,256 (1,562) — — 6,694 Public finance 742 (44) — — 698 Healthcare finance 1,809 (87) — — 1,722 Small business lending 11,993 3,346 (1,309) 169 14,199 Franchise finance 5,991 1,963 — — 7,954 Residential mortgage 2,112 67 (17) — 2,162 Home equity 118 (6) — 3 115 Other consumer loans 6,122 742 (425) 34 6,473 Total $ 43,405 $ 3,858 $ (1,751) $ 209 $ 45,721 (in thousands) Nine Months Ended September 30, 2024 Allowance for credit losses: Balance, Beginning of Period (Credit) Provision Charged to Expense Losses Recoveries Balance, Commercial and industrial $ 2,185 $ (966) $ — $ 7 $ 1,226 Owner-occupied commercial real estate 825 (273) — — 552 Investor commercial real estate 1,311 (168) — — 1,143 Construction 2,167 616 — — 2,783 Single tenant lease financing 8,129 (1,240) (195) — 6,694 Public finance 1,372 (674) — — 698 Healthcare finance 1,976 (254) — — 1,722 Small business lending 6,532 9,564 (2,171) 274 14,199 Franchise finance 6,363 2,168 (577) — 7,954 Residential mortgage 2,054 193 (86) 1 2,162 Home equity 171 (62) — 6 115 Other consumer loans 5,689 1,456 (760) 88 6,473 Total $ 38,774 $ 10,360 $ (3,789) $ 376 $ 45,721 (in thousands) Three Months Ended September 30, 2023 Allowance for credit losses: Balance, Beginning of Period (Credit) Provision Charged to Expense Losses Recoveries Balance, Commercial and industrial $ 1,849 $ 260 $ — $ 1 $ 2,110 Owner-occupied commercial real estate 789 69 — — 858 Investor commercial real estate 1,416 488 (591) — 1,313 Construction 1,940 163 — — 2,103 Single tenant lease financing 9,970 (1,605) — — 8,365 Public finance 1,509 (98) — — 1,411 Healthcare finance 2,421 (194) — — 2,227 Small business lending 2,618 2,341 (751) 13 4,221 Franchise finance 4,484 763 — — 5,247 Residential mortgage 2,550 (215) (56) 1 2,280 Home equity 224 (34) — 2 192 Other consumer loans 6,288 (88) (119) 44 6,125 Total $ 36,058 $ 1,850 $ (1,517) $ 61 $ 36,452 (in thousands) Nine Months Ended September 30, 2023 Allowance for credit losses: Balance, Beginning of Period Adoption of CECL (Credit) Provision Charged to Expense Losses Recoveries Balance, Commercial and industrial $ 1,711 $ (120) $ 7,265 $ (6,965) $ 219 $ 2,110 Owner-occupied commercial real estate 651 62 145 — — 858 Investor commercial real estate 1,099 (191) 996 (591) — 1,313 Construction 2,074 (435) 464 — — 2,103 Single tenant lease financing 10,519 (346) (1,808) — — 8,365 Public finance 1,753 (135) (207) — — 1,411 Healthcare finance 2,997 1,034 (1,779) (25) — 2,227 Small business lending 2,168 334 3,834 (2,169) 54 4,221 Franchise finance 3,988 (313) 1,903 (331) — 5,247 Residential mortgage 1,559 406 367 (56) 4 2,280 Home equity 69 133 (15) — 5 192 Other consumer loans 3,149 2,533 811 (502) 134 6,125 Total $ 31,737 $ 2,962 $ 11,976 $ (10,639) $ 416 $ 36,452 The following tables present the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses as of September 30, 2024 and December 31, 2023. September 30, 2024 (in thousands) Commercial Real Estate Residential Real Estate Other Total Allowance on Collateral Dependent Loans Owner-occupied commercial real estate $ — $ — $ 1,654 $ 1,654 $ — Small business lending 1 1,192 — 8,147 9,339 5,337 Franchise finance 6,515 — — 6,515 2,017 Residential mortgage — 3,169 — 3,169 — Other consumer loans — — 16 16 — Total loans $ 7,707 $ 3,169 $ 9,817 $ 20,693 $ 7,354 1 Balance is partially guaranteed by the U.S. government. December 31, 2023 (in thousands) Commercial Real Estate Residential Real Estate Other Total Allowance on Collateral Dependent Loans Owner-occupied commercial real estate $ — $ — $ 1,654 $ 1,654 $ — Small business lending 1 2,875 1,210 2,226 6,311 2,391 Residential mortgage — 1,911 — 1,911 — Other consumer loans — — 86 86 — Total loans $ 2,875 $ 3,121 $ 3,966 $ 9,962 $ 2,391 1 Balance is partially guaranteed by the U.S. government.
Financing Receivables, Provision For Credit Losses On Off-Balance Sheet Commitments	The following tables detail activity in the provision (benefit) for credit losses on off-balance sheet commitments for the three and nine months ended September 30, 2024. (in thousands) Balance Provision (Benefit) for credit losses Balance Off-balance sheet commitments Commercial loans Commercial and industrial $ 188 $ 24 $ 212 Owner-occupied commercial real estate — 24 24 Investor commercial real estate — 10 10 Construction 3,420 (556) 2,864 Single tenant lease financing — 28 28 Small business lending 131 31 162 Total commercial loans 3,739 (439) 3,300 Consumer loans Residential mortgage 3 (1) 2 Home equity 33 1 34 Other consumer 11 — 11 Total consumer loans 47 — 47 Total allowance for off-balance sheet commitments $ 3,786 $ (439) $ 3,347 (in thousands) Balance Provision (Benefit) for credit losses Balance Off-balance sheet commitments Commercial loans Commercial and industrial $ 233 $ (21) $ 212 Owner-occupied commercial real estate 9 15 24 Investor commercial real estate 6 4 10 Construction 2,889 (25) 2,864 Single tenant lease financing — 28 28 Small business lending 541 (379) 162 Total commercial loans 3,678 (378) 3,300 Consumer loans Residential mortgage 11 (9) 2 Home equity 45 (11) 34 Other consumer 11 — 11 Total consumer loans 67 (20) 47 Total allowance for off-balance sheet commitments $ 3,745 $ (398) $ 3,347
Allowance For Credit Losses On Financing Receivables Portfolio Segment	(in thousands) Balance Provision (Benefit) for credit losses Balance Off-balance sheet commitments Commercial loans Commercial and industrial $ 188 $ 18 $ 206 Owner-occupied commercial real estate 8 1 9 Investor commercial real estate 20 (3) 17 Construction 2,897 (8) 2,889 Small business lending 242 148 390 Total commercial loans 3,355 156 3,511 Consumer loans Residential mortgage 59 (34) 25 Home equity 63 (9) 54 Other consumer 14 (2) 12 Total consumer loans 136 (45) 91 Total allowance for off-balance sheet commitments $ 3,491 $ 111 $ 3,602 (in thousands) Pre-ASC 326 Adoption Impact of ASC 326 Adoption Provision (Benefit) for credit losses Balance Off-balance sheet commitments Commercial loans Commercial and industrial $ — $ 110 $ 96 $ 206 Owner-occupied commercial real estate — — 9 9 Investor commercial real estate — 9 8 17 Construction — 2,193 696 2,889 Healthcare finance — 2 (2) — Small business lending — — 390 390 Total commercial loans — 2,314 1,197 3,511 Consumer loans Residential mortgage — 127 (102) 25 Home equity — 52 2 54 Other consumer — 11 1 12 Total consumer loans — 190 (99) 91 Total allowance for off-balance sheet commitments $ — $ 2,504 $ 1,098 $ 3,602
Financing Receivable Credit Quality Indicators	The following tables present the credit risk profile of the Company’s commercial and consumer loan portfolios by loan class and by year of origination for the years indicated based on rating category and payment activity as of September 30, 2024 and December 31, 2023. September 30, 2024 Term Loans (amortized cost basis by origination year) Revolving loans amortized cost basis Revolving loans converted to term (in thousands) 2024 2023 2022 2021 2020 Prior Total Commercial and industrial Pass $ 15,655 $ 9,127 $ 14,422 $ 5,480 $ 2,397 $ 18,819 $ 40,614 $ — $ 106,514 Special Mention 51 172 4,462 — — — — — 4,685 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total commercial and 15,706 9,299 18,884 5,480 2,397 18,819 40,614 — 111,199 Year-to-date gross charge-offs — — — — — — — — — Owner-occupied commercial real estate Pass 3,432 1,467 10,496 6,538 5,766 16,263 — — 43,962 Special Mention — — 574 897 8,208 1,165 — — 10,844 Substandard — — — — — 1,655 — — 1,655 Doubtful — — — — — — — — — Total owner-occupied 3,432 1,467 11,070 7,435 13,974 19,083 — — 56,461 Year-to-date gross charge-offs — — — — — — — — — Investor commercial real estate Pass 60,642 2,894 90,280 65,050 9,673 27,709 — — 256,248 Special Mention — — — — — 4,366 — — 4,366 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total investor commercial real 60,642 2,894 90,280 65,050 9,673 32,075 — — 260,614 Year-to-date gross charge-offs — — — — — — — — — Construction Pass 24,292 128,924 136,518 47,004 2,098 — 2,118 — 340,954 Special Mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total construction 24,292 128,924 136,518 47,004 2,098 — 2,118 — 340,954 Year-to-date gross charge-offs — — — — — — — — — Single tenant lease financing Pass 40,680 51,925 214,769 88,047 64,010 447,248 — — 906,679 Special Mention 646 — 7,667 4,333 — 12,823 — — 25,469 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total single tenant lease 41,326 51,925 222,436 92,380 64,010 460,071 — — 932,148 Year-to-date gross charge-offs — — — — — 195 — — 195 Public finance Pass 5,565 1,788 7,790 27,775 634 417,168 — — 460,720 Special Mention — — — — — 2,010 — — 2,010 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total public finance 5,565 1,788 7,790 27,775 634 419,178 — — 462,730 Year-to-date gross charge-offs — — — — — — — — — September 30, 2024 Term Loans (amortized cost basis by origination year) Revolving loans amortized cost basis Revolving loans converted to term (in thousands) 2024 2023 2022 2021 2020 Prior Total Healthcare finance Pass — — — 9,220 108,900 71,521 — — 189,641 Special Mention — — — — — 646 — — 646 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total healthcare finance — — — 9,220 108,900 72,167 — — 190,287 Year-to-date gross charge-offs — — — — — — — — — Small business lending 1 Pass 95,188 103,226 32,612 12,447 10,500 11,643 14,191 — 279,807 Special Mention 977 2,365 1,556 642 364 579 991 — 7,474 Substandard — 5,350 2,579 70 1,437 1,466 462 — 11,364 Doubtful — — — — — — — — — Total small business lending 96,165 110,941 36,747 13,159 12,301 13,688 15,644 — 298,645 Year-to-date gross charge-offs — 1,303 677 — 104 87 — — 2,171 Franchise finance Pass 62,376 238,009 185,117 45,867 — — — — 531,369 Special Mention — 2,226 3,993 6,339 — — — — 12,558 Substandard — 2,985 3,057 473 — — — — 6,515 Doubtful — — — — — — — — — Total franchise finance 62,376 243,220 192,167 52,679 — — — — 550,442 Year-to-date gross charge-offs — 281 — 296 — — — — 577 Consumer loans Residential mortgage Performing 1,393 13,746 186,656 87,071 29,170 57,496 — — 375,532 Nonperforming — — 828 611 69 1,661 — — 3,169 Total residential mortgage 1,393 13,746 187,484 87,682 29,239 59,157 — — 378,701 Year-to-date gross charge-offs — — 28 58 — — — — 86 Home equity Performing — 1,018 1,577 364 431 557 15,392 925 20,264 Nonperforming — — — — — — — — — Total home equity — 1,018 1,577 364 431 557 15,392 925 20,264 Year-to-date gross charge-offs — — — — — — — — — Other consumer Performing 82,580 102,067 92,328 35,338 22,069 69,149 841 — 404,372 Nonperforming — — — — 2 14 — — 16 Total other consumer 82,580 102,067 92,328 35,338 22,071 69,163 841 — 404,388 Year-to-date gross charge-offs 49 214 235 100 1 161 — — 760 Total Loans $ 393,477 $ 667,289 $ 997,281 $ 443,566 $ 265,728 $ 1,163,958 $ 74,609 $ 925 $ 4,006,833 Total year-to-date gross charge-offs $ 49 $ 1,798 $ 940 $ 454 $ 105 $ 443 $ — $ — $ 3,789 1 Balance in “Substandard” is partially guaranteed by the U.S. government. December 31, 2023 Term Loans (amortized cost basis by origination year) Revolving loans amortized cost basis Revolving loans converted to term (in thousands) 2023 2022 2021 2020 2019 Prior Total Commercial and industrial Pass $ 24,329 $ 19,382 $ 15,464 $ 2,502 $ 12,365 $ 8,703 $ 41,967 $ — $ 124,712 Special Mention — 4,637 — — — — — — 4,637 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total commercial and 24,329 24,019 15,464 2,502 12,365 8,703 41,967 — 129,349 Year-to-date gross charge-offs — — 6,914 5 130 — — — 7,049 Owner-occupied commercial real estate Pass 1,492 10,731 7,990 6,591 5,255 12,485 — — 44,544 Special Mention — 584 922 8,392 — 1,189 — — 11,087 Substandard — — — — — 1,655 — — 1,655 Doubtful — — — — — — — — — Total owner-occupied 1,492 11,315 8,912 14,983 5,255 15,329 — — 57,286 Year-to-date gross charge-offs — — — — — — — — — Investor commercial real estate Pass 6,571 35,209 26,841 9,864 47,827 5,765 — — 132,077 Special Mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total investor commercial real 6,571 35,209 26,841 9,864 47,827 5,765 — — 132,077 Year-to-date gross charge-offs — — — — — 591 — — 591 Construction Pass 26,539 153,066 70,175 6,121 — — 5,849 — 261,750 Special Mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total construction 26,539 153,066 70,175 6,121 — — 5,849 — 261,750 Year-to-date gross charge-offs — — — — — — — — — Single tenant lease financing Pass 52,360 221,964 89,075 65,863 142,023 346,695 — — 917,980 Special Mention — 4,362 6,698 3,032 — 4,544 — — 18,636 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total single tenant lease 52,360 226,326 95,773 68,895 142,023 351,239 — — 936,616 Year-to-date gross charge-offs — — — — — — — — — Public finance Pass 3,805 30,583 29,750 719 43,611 411,176 — — 519,644 Special Mention — — — — — 2,120 — — 2,120 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total public finance 3,805 30,583 29,750 719 43,611 413,296 — — 521,764 Year-to-date gross charge-offs — — — — — — — — — December 31, 2023 Term Loans (amortized cost basis by origination year) Revolving loans amortized cost basis Revolving loans converted to term (in thousands) 2023 2022 2021 2020 2019 Prior Total Healthcare finance Pass — — 9,955 124,654 63,486 23,484 — — 221,579 Special Mention — — — — 1,214 — — — 1,214 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total healthcare finance — — 9,955 124,654 64,700 23,484 — — 222,793 Year-to-date gross charge-offs — — — — 605 — — — 605 Small business lending 1 Pass 119,149 42,077 15,180 13,948 4,582 9,215 5,388 — 209,539 Special Mention 343 496 — 341 265 698 — — 2,143 Substandard 1,095 1,854 52 1,777 1,155 417 474 — 6,824 Doubtful — — — — — — — — — Total small business lending 120,587 44,427 15,232 16,066 6,002 10,330 5,862 — 218,506 Year-to-date gross charge-offs 67 739 416 1,364 — — — — 2,586 Franchise finance Pass 256,944 210,617 57,919 — — — — — 525,480 Special Mention — — — — — — — — — Substandard — — 303 — — — — — 303 Doubtful — — — — — — — — — Total franchise finance 256,944 210,617 58,222 — — — — — 525,783 Year-to-date gross charge-offs — 331 — — — — — — 331 Consumer loans Residential mortgage Performing 14,942 195,453 91,010 30,092 13,072 48,330 — — 392,899 Nonperforming — 738 456 73 — 1,482 — — 2,749 Total residential mortgage 14,942 196,191 91,466 30,165 13,072 49,812 — — 395,648 Year-to-date gross charge-offs — 53 70 — 17 — — — 140 Home equity Performing 1,369 1,997 436 467 141 585 16,896 1,778 23,669 Nonperforming — — — — — — — — — Total home equity 1,369 1,997 436 467 141 585 16,896 1,778 23,669 Year-to-date gross charge-offs — — — — — — — — — Other consumer Performing 115,736 106,883 41,598 26,527 27,087 58,902 795 — 377,528 Nonperforming — 53 — 5 15 13 — — 86 Total other consumer 115,736 106,936 41,598 26,532 27,102 58,915 795 — 377,614 Year-to-date gross charge-offs 97 115 20 51 56 243 — — 582 Total Loans $ 624,674 $ 1,040,686 $ 463,824 $ 300,968 $ 362,098 $ 937,458 $ 71,369 $ 1,778 $ 3,802,855 Total year-to-date gross charge-offs $ 164 $ 1,238 $ 7,420 $ 1,420 $ 808 $ 834 $ — $ — $ 11,884 1 Balance in “Substandard” is partially guaranteed by the U.S. government.
Past Due Financing Receivables	The following tables present the Company’s loan portfolio delinquency analysis as of September 30, 2024 and December 31, 2023. September 30, 2024 (in thousands) 30-59 60-89 90 Days Total Current Total Commercial and industrial $ — $ — $ — $ — $ 111,199 $ 111,199 Owner-occupied commercial real estate — — — — 56,461 56,461 Investor commercial real estate — — — — 260,614 260,614 Construction — — — — 340,954 340,954 Single tenant lease financing — — — — 932,148 932,148 Public finance — — — — 462,730 462,730 Healthcare finance — — — — 190,287 190,287 Small business lending 1 3,180 1,755 6,779 11,714 286,931 298,645 Franchise finance 1,938 3,651 7,300 12,889 537,553 550,442 Residential mortgage 1,216 1,570 2,647 5,433 373,268 378,701 Home equity — — — — 20,264 20,264 Other consumer 164 11 — 175 404,213 404,388 Total $ 6,498 $ 6,987 $ 16,726 $ 30,211 $ 3,976,622 $ 4,006,833 1 Balance is partially guaranteed by the U.S. government. December 31, 2023 (in thousands) 30-59 60-89 90 Days Total Current Total Commercial and industrial $ 40 $ 21 $ — $ 61 $ 129,288 $ 129,349 Owner-occupied commercial real estate — — — — 57,286 57,286 Investor commercial real estate — — — — 132,077 132,077 Construction — — — — 261,750 261,750 Single tenant lease financing — — — — 936,616 936,616 Public finance — — — — 521,764 521,764 Healthcare finance — — — — 222,793 222,793 Small business lending 1 2,680 57 2,794 5,531 212,975 218,506 Franchise finance — 2,923 303 3,226 522,557 525,783 Residential mortgage 70 709 1,663 2,442 393,206 395,648 Home equity — — — — 23,669 23,669 Other consumer 223 68 53 344 377,270 377,614 Total $ 3,013 $ 3,778 $ 4,813 $ 11,604 $ 3,791,251 $ 3,802,855 1 Balance is partially guaranteed by the U.S. government. The following table summarizes the Company’s nonaccrual loans and loans past due 90 days or more and still accruing by loan class for the periods indicated: September 30, 2024 December 31, 2023 (in thousands) Nonaccrual Loans Nonaccrual Loans with no Allowance for Credit Losses Total Loans Nonaccrual Loans Nonaccrual Loans with no Allowance for Credit Losses Total Loans Small business lending 1 $ 11,364 $ 888 $ 61 $ 6,824 $ 904 $ — Franchise finance 6,515 — 785 303 — — Residential mortgage 3,169 3,169 568 1,911 1,911 838 Other consumer 16 16 — 86 86 — Total loans $ 21,064 $ 4,073 $ 1,414 $ 9,124 $ 2,901 $ 838 1 Balance is partially guaranteed by the U.S. government.
Loans Experiencing Financial Difficulty and Modified	The following tables present loans that were both experiencing financial difficulty and modified during the three and nine months ended September 30, 2024. (in thousands) Three Months Ended September 30, 2024 Payment Delay Total Modification by Loan Class % of Class of Loans Investor commercial real estate $ 3,731 $ 3,731 1.4 % Franchise finance 4,028 4,028 0.7 % Total loans $ 7,759 $ 7,759 (in thousands) Nine Months Ended September 30, 2024 Payment Delay Total Modification by Loan Class % of Class of Loans Investor commercial real estate $ 3,731 $ 3,731 1.4 % Franchise finance 4,028 4,028 0.7 % Total loans $ 7,759 $ 7,759 The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty. As of September 30, 2024, the Company had no commitments to lend additional funds to these borrowers included in the table below. (in thousands) Three Months Ended September 30, 2024 - Payment Delay Loan Type Financial Effect Investor commercial real estate Forbearance average of 9 months. Franchise finance Forbearance average of 7 months. (in thousands) Nine Months Ended September 30, 2024 - Payment Delay Loan Type Financial Effect Investor commercial real estate Forbearance average of 9 months. Franchise finance Forbearance average of 7 months.
Performance of Loans Modified in the Last Twelve Months	The following table presents the performance of such loans that have been modified in the last twelve months as of September 30, 2024. (in thousands) Current 30 - 89 Days 90+ Days Investor commercial real estate $ 3,731 $ — $ — Franchise finance 4,028 — — Total loans $ 7,759 $ — $ —

Premises and Equipment (Tables)

Premises and Equipment (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	The following table summarizes premises and equipment at September 30, 2024 and December 31, 2023. (in thousands) September 30, 2024 December 31, 2023 Land $ 5,598 $ 5,598 Construction in process 382 1,119 Right of use leased asset 203 66 Building and improvements 62,583 60,699 Furniture and equipment 21,677 20,836 Less: accumulated depreciation (18,293) (14,855) Total $ 72,150 $ 73,463

Servicing Asset (Tables)

Servicing Asset (Tables)	9 Months Ended
	Sep. 30, 2024
Transfers and Servicing [Abstract]
Schedule of Servicing Assets at Fair Value	Activity for the servicing asset and the related changes in fair value for the three and nine months ended September 2024 and 2023 are shown in the table below. Three Months Ended (in thousands) September 30, 2024 September 30, 2023 Balance, beginning of period $ 13,009 $ 8,251 Additions: Originated 2,499 1,585 Subtractions Paydowns: (689) (408) Changes in fair value due to changes in valuation inputs or assumptions used in (157) 151 Loan servicing asset revaluation $ (846) $ (257) Balance, end of period $ 14,662 $ 9,579
Schedule Of Unpaid Principal Balances Of Loans Serviced For Others	The unpaid principal balances of these loans serviced for others as of September 30, 2024 and December 31, 2023 are shown in the table below. (in thousands) September 30, 2024 December 31, 2023 Loan portfolios serviced for: SBA guaranteed loans $ 783,276 $ 531,927 Total $ 783,276 $ 531,927

Subordinated Debt (Tables)

Subordinated Debt (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Subordinated Borrowing	The following table presents the principal balance and unamortized discount and debt issuance costs for the 2029 Notes, the 2030 Note, and the 2031 Notes as of September 30, 2024 and December 31, 2023. September 30, 2024 December 31, 2023 (in thousands) Principal Unamortized Discount and Debt Issuance Costs Principal Unamortized Discount and Debt Issuance Costs 2029 Notes $ 37,000 $ (743) $ 37,000 $ (862) 2030 Notes 10,000 (143) 10,000 (160) 2031 Notes 60,000 (1,043) 60,000 (1,140) Total $ 107,000 $ (1,929) $ 107,000 $ (2,162)

Benefit Plans (Tables)

Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Nonvested Restricted Stock Shares Activity	The following table summarizes the stock-based award activity under the 2022 Plan for the nine months ended September 30, 2024. Restricted Stock Units Weighted-Average Grant Date Fair Value Per Share Restricted Stock Awards Weighted-Average Grant Date Fair Value Per Share Deferred Stock Units Weighted-Average Grant Date Fair Value Per Share Unvested at December 31, 2023 72,354 $ 24.61 30,030 $ 11.18 — $ — Granted 75,222 24.13 12,040 31.46 — — Cancelled/Forfeited (1,290) 24.37 — — — — Vested (14,294) 24.52 (30,030) 11.18 — — Unvested at September 30, 2024 131,992 $ 24.35 12,040 $ 31.46 — $ — The following table summarizes the stock-based award activity under the 2013 Plan for the nine months ended September 30, 2024. Restricted Stock Units Weighted-Average Grant Date Fair Value Per Share Restricted Stock Awards Weighted-Average Grant Date Fair Value Per Share Deferred Stock Units Weighted-Average Grant Date Fair Value Per Share Unvested at December 31, 2023 53,985 $ 39.86 — $ — — $ — Cancelled/Forfeited (22,806) 30.45 — — — — Vested (8,089) 46.64 — — — — Unvested at September 30, 2024 23,090 $ 46.69 — $ — — $ —
Schedule Of Deferred Stock Option Plan	The following table summarizes the status of deferred stock rights related to the Directors Deferred Stock Plan for the nine months ended September 30, 2024. Deferred Stock Rights Outstanding, beginning of period 28,538 Granted 213 Outstanding, end of period 28,751

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following tables present the fair value measurements of assets and liabilities recognized in the accompanying condensed consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2024 and December 31, 2023. September 30, 2024 (in thousands) Fair Quoted Prices Significant Significant U.S. Government-sponsored agencies $ 88,316 $ — $ 88,316 $ — Municipal securities 65,423 — 65,423 — Agency mortgage-backed securities - residential 265,853 — 265,853 — Agency mortgage-backed securities - commercial 64,934 — 64,934 — Private label mortgage-backed securities - residential 34,536 — 34,536 — Asset-backed securities 18,341 — 18,341 — Corporate securities 37,854 — 37,854 — Total available-for-sale securities $ 575,257 $ — $ 575,257 $ — Servicing asset 14,662 — — 14,662 Interest rate swap agreements 2,079 — 2,079 — Interest rate swap agreements - assets (back-to-back) 700 — 700 — Interest rate swap agreements - liabilities (back-to-back) (700) — (700) — December 31, 2023 (in thousands) Fair Quoted Prices Significant Significant U.S. Government-sponsored agencies $ 95,177 $ — $ 95,177 $ — Municipal securities 68,446 — 68,446 — Agency mortgage-backed securities - residential 206,649 — 206,649 — Agency mortgage-backed securities - commercial 38,885 — 38,885 — Private label mortgage-backed securities - residential 20,779 — 20,779 — Asset-backed securities 8,081 — 8,081 — Corporate securities 36,838 — 36,838 — Total available-for-sale securities $ 474,855 $ — $ 474,855 $ — Servicing asset 10,567 — — 10,567 Interest rate swap agreements 5,139 — 5,139 — Interest rate swap agreements - assets (back-to-back) 677 — 677 — Interest rate swap agreements - liabilities (back-to-back) (677) — (677) —
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following tables reconcile the beginning and ending balances of recurring fair value measurements recognized in the accompanying condensed consolidated balance sheets using significant unobservable (Level 3) inputs for the three and nine months ended September 30, 2024 and 2023. Three Months Ended (in thousands) Servicing Asset Interest Rate Lock Balance as of July 1, 2024 $ 13,009 $ — Total realized gains Additions: Originated 2,499 — Subtractions: Paydowns (689) — Change in fair value (157) — Balance, September 30, 2024 $ 14,662 $ — Balance as of July 1, 2023 $ 8,251 $ — Total realized gains Additions: Originated 1,585 — Subtractions: Paydowns (408) — Change in fair value 151 — Balance, September 30, 2023 $ 9,579 $ — Nine Months Ended (in thousands) Servicing Asset Interest Rate Lock Balance, January 1, 2024 $ 10,567 $ — Total realized gains Additions: Originated 6,204 — Subtractions: — Paydowns (2,097) — Change in fair value (12) — Balance, September 30, 2024 $ 14,662 $ — Balance, January 1, 2023 $ 6,255 $ 133 Total realized gains Additions: Originated 3,994 — Subtractions: Paydowns (1,275) — Change in fair value 605 (133) Balance, September 30, 2023 $ 9,579 $ —
Schedule Of Impaired Loans, Including Valuation Allowance, Fair Value, Unobservable Inputs Reconciliation	The following table presents the fair value measurements of assets and liabilities recognized in the accompanying condensed consolidated balance sheets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurement falls at September 30, 2024 and December 31, 2023. September 30, 2024 (in thousands) Fair Value Measurements Using Fair Quoted Prices Significant Significant Collateral dependent loans $ 7,221 $ — $ — $ 7,221 December 31, 2023 (in thousands) Fair Value Measurements Using Fair Quoted Prices Significant Significant Collateral dependent loans $ 2,799 $ — $ — $ 2,799
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques	The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. (dollars in thousands) Fair Value at Valuation Significant Unobservable Range Weighted-Average Range Collateral dependent loans $ 7,221 Fair value of collateral Discount for type of property and current market conditions 0%- 90% 21% Servicing asset 14,662 Discounted cash flow Prepayment speeds Discount rate 0% - 25% 14% 11.6% 14% (dollars in thousands) Fair Value at Valuation Significant Unobservable Range Weighted-Average Range Collateral dependent loans $ 2,799 Fair value of collateral Discount for type of property and current market conditions 0% - 90% 28% Servicing asset 10,567 Discounted cash flow Prepayment speeds Discount rate 0% - 25% 15% 11.3% 15%
Fair Value, by Balance Sheet Grouping	The following tables present the carrying value and estimated fair value of all financial assets and liabilities that are not measured at fair value on a recurring basis at September 30, 2024 and December 31, 2023. September 30, 2024 (in thousands) Carrying Fair Value Quoted Prices Significant Significant Cash and cash equivalents $ 712,479 $ 712,479 $ 712,479 $ — $ — Securities held-to-maturity, net 263,320 249,618 — 249,618 — Loans held-for-sale (best efforts pricing agreements) 32,996 32,996 — 32,996 — Net loans 3,990,159 3,854,166 — — 3,854,166 Accrued interest receivable 27,750 27,750 27,750 — — Federal Home Loan Bank of Indianapolis stock 28,350 28,350 — 28,350 — Deposits 4,797,710 4,818,679 1,902,494 — 2,916,185 Advances from Federal Home Loan Bank 515,000 516,348 — 516,348 — Subordinated debt 105,071 107,767 37,725 70,042 — Accrued interest payable 2,808 2,808 2,808 — — December 31, 2023 (in thousands) Carrying Fair Value Quoted Prices Significant Significant Cash and cash equivalents $ 405,898 $ 405,898 $ 405,898 $ — $ — Securities held-to-maturity 227,153 207,572 — 207,572 — Loans held-for-sale (best efforts pricing agreements) 22,052 22,052 — 22,052 — Net loans 3,801,446 3,611,909 — — 3,611,909 Accrued interest receivable 26,746 26,746 26,746 — — Federal Home Loan Bank of Indianapolis stock 28,350 28,350 — 28,350 — Deposits 4,066,973 4,059,447 1,796,123 — 2,263,324 Advances from Federal Home Loan Bank 614,934 605,366 — 605,366 — Subordinated debt 104,838 102,632 32,560 70,072 — Accrued interest payable 3,848 3,848 3,848 — —

Mortgage Banking Activities (Ta

Mortgage Banking Activities (Tables)	9 Months Ended
	Sep. 30, 2024
Mortgage Banking [Abstract]
Schedule of Participating Mortgage Loans	The following table presents the components of income from mortgage banking activities for the three and nine months ended September 30, 2024 and 2023. Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Gain on loans sold $ — $ — $ — $ 471 Loss resulting from the change in fair value of loans held-for-sale — — — (143) Loss resulting from the change in fair value of derivatives — — — (252) Net revenue from mortgage banking activities $ — $ — $ — $ 76

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule Of Derivative Instruments, Cumulative Basis Adjustments	The following table presents amounts that were recorded on the condensed consolidated balance sheets related to cumulative basis adjustments for interest rate swap derivatives designated as fair value accounting hedges as of September 30, 2024 and December 31, 2023. (in thousands) Carrying amount of the hedged asset Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets Line item in the condensed consolidated balance sheets in which the hedged item is included September 30, 2024 December 31, 2023 September 30, 2024 December 31, 2023 Securities available-for-sale 1 $ 67,410 $ 69,504 $ (112) $ (1,143) 1 These amounts include the amortized cost basis of closed portfolios used to designate hedging relationships in which the hedged item is the last layer expected to be remaining at the end of the hedging relationship. The designated hedged items were $50.0 million at both September 30, 2024 and December 31, 2023.
Schedule Of Derivative Instruments Of Fixed Rate Receivables	The following tables present a summary of interest rate swap derivatives designated as fair value accounting hedges of fixed-rate receivables used in the Company’s asset/liability management activities at September 30, 2024 and December 31, 2023, identified by the underlying interest rate-sensitive instruments. (dollars in thousands) September 30, 2024 Notional Value Weighted- Average Remaining Maturity (years) Weighted-Average Ratio Instruments Associated With Fair Value Receive Pay Securities available-for-sale $ 50,000 0.1 $ 123 3-month SOFR 2.33 % Total swap portfolio at September 30, 2024 $ 50,000 0.1 $ 123 3-month SOFR 2.33 % (dollars in thousands) December 31, 2023 Notional Value Weighted- Average Remaining Maturity (years) Weighted-Average Ratio Instruments Associated With Fair Value Receive Pay Securities available-for-sale $ 50,000 0.8 $ 1,153 3-month SOFR 2.33 % Total swap portfolio at December 31, 2023 $ 50,000 0.8 $ 1,153 3-month SOFR 2.33 %
Schedule Of Derivative Instruments Of Variable Rate Liabilities	The following tables present a summary of interest rate swap derivatives designated as cash flow accounting hedges of variable-rate liabilities used in the Company’s asset/liability management activities at September 30, 2024 and December 31, 2023. (dollars in thousands) September 30, 2024 Notional Value Weighted- Average Remaining Maturity (years) Weighted-Average Ratio Cash Flow Hedges Fair Value Receive Pay Interest rate swaps $ 110,000 2.3 $ 1,956 3-month SOFR 2.88 % (dollars in thousands) December 31, 2023 Notional Value Weighted- Average Remaining Maturity (years) Weighted-Average Ratio Cash Flow Hedges Fair Value Receive Pay Interest rate swaps $ 110,000 3.1 $ 3,596 3-month SOFR 2.88 % Interest rate swaps 40,000 0.4 390 Fed Funds Effective 2.78 %
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table presents the notional amount and fair value of interest rate swaps utilized by the Company at September 30, 2024 and December 31, 2023. September 30, 2024 December 31, 2023 (in thousands) Notional Fair Notional Fair Asset Derivatives Derivatives designated as hedging instruments Interest rate swaps associated with securities available-for-sale $ 50,000 $ 123 $ 50,000 $ 1,153 Interest rate swaps associated with liabilities 110,000 1,956 150,000 3,986 Derivatives not designated as hedging instruments Back-to-back swaps 18,885 700 1,778 677 Total contracts $ 178,885 $ 2,779 $ 201,778 $ 5,816 Liability Derivatives Derivatives not designated as hedging instruments Back-to-back swaps $ 18,885 $ (700) $ 1,778 $ (677) Total contracts $ 18,885 $ (700) $ 1,778 $ (677)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	The following table presents the effects of the Company’s cash flow hedge relationships on the condensed consolidated statements of comprehensive income during the three and nine months ended September 30, 2024 and 2023. Amount of (Loss) Gain Recognized in Other Comprehensive Income in The Three Months Ended Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) in The Nine Months Ended (in thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Interest rate swap agreements $ (2,670) $ 740 $ (2,030) $ 664
Schedule of Derivative Instruments in Statements of Income Fair Value	The following table summarizes the periodic changes in the fair value of derivatives not designated as hedging instruments on the condensed consolidated statements of income for the three and nine months ended September 30, 2024 and 2023. Amount of Loss Recognized in the Three Months Ended Amount of Loss Recognized in the Nine Months Ended (in thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Liability Derivatives Derivatives not designated as hedging instruments IRLCs $ — $ — $ — $ (133) Forward contracts — — — (119)
Schedule Of Effects Of Interest Rate Swap Agreements On Statements Of Income	The following table presents the effects of the Company’s interest rate swap agreements on the condensed consolidated statements of operations during the three and nine months ended September 30, 2024 and 2023. (in thousands) Line item in the condensed consolidated statements of operations Three Months Ended Nine Months Ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Interest income Securities - non-taxable $ 421 $ 407 $ 1,250 $ 1,055 Total interest income 421 407 1,250 1,055 Interest expense Deposits — (372) (424) (1,330) Other borrowed funds (782) (748) (2,304) (1,865) Total interest expense (782) (1,120) (2,728) (3,195) Net interest income $ 1,203 $ 1,527 $ 3,978 $ 4,250

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive loss, included in shareholders' equity, for the nine months ended September 30, 2024 and 2023, respectively, are presented in the table below. (in thousands) Unrealized Losses On Debt Securities Unrealized Losses On Debt Securities Transferred From Available-For-Sale To Held-To-Maturity Cash Flow Hedges Balance, January 1, 2024 $ (30,174) $ (2,939) $ 3,738 $ (29,375) Other comprehensive income (loss) before reclassifications from accumulated other comprehensive loss before tax 7,995 — (2,030) 5,965 Reclassifications from accumulated other comprehensive loss to earnings before tax — 607 — 607 Other comprehensive gain (loss) before tax 7,995 607 (2,030) 6,572 Income tax provision (benefit) 1,841 149 (467) 1,523 Other comprehensive gain (loss) - net of tax 6,154 458 (1,563) 5,049 Balance, September 30, 2024 $ (24,020) $ (2,481) $ 2,175 $ (24,326) Balance, January 1, 2023 $ (35,831) $ (3,519) $ 5,714 $ (33,636) Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax (11,006) — 664 (10,342) Reclassifications from accumulated other comprehensive loss to earnings before tax — 537 — 537 Other comprehensive (loss) gain before tax (11,006) 537 664 (9,805) Income tax (benefit) provision (2,537) 140 153 (2,244) Other comprehensive (loss) gain - net of tax (8,469) 397 511 (7,561) Balance, September 30, 2023 $ (44,300) $ (3,122) $ 6,225 $ (41,197) The components of accumulated other comprehensive loss, included in stockholders' equity, for the three months ended September 30, 2024 and 2023, respectively, are presented in the table below. (in thousands) Unrealized Losses On Debt Securities Unrealized Losses On Debt Securities Transferred From Available-For-Sale To Held-To-Maturity Cash Flow Hedges Total Balance, July 1, 2024 $ (32,198) $ (2,620) $ 4,231 $ (30,587) Other comprehensive income (loss) before reclassifications from accumulated other comprehensive loss before tax 10,620 — (2,670) 7,950 Reclassifications from accumulated other comprehensive loss to earnings before tax — 185 185 Other comprehensive gain (loss) before tax 10,620 185 (2,670) 8,135 Income tax provision (benefit) 2,442 46 (614) 1,874 Other comprehensive income (loss) - net of tax 8,178 139 (2,056) 6,261 Balance, September 30, 2024 $ (24,020) $ (2,481) $ 2,175 $ (24,326) Balance, July 1, 2023 $ (35,592) $ (3,250) $ 5,656 $ (33,186) Other comprehensive (loss) income before reclassifications from accumulated other comprehensive loss before tax (11,308) — 740 (10,568) Reclassifications from accumulated other comprehensive loss to earnings before tax — 173 — 173 Other comprehensive (loss) gain before tax (11,308) 173 740 (10,395) Income tax (benefit) provision (2,600) 45 171 (2,384) Other comprehensive (loss) income - net of tax (8,708) 128 569 (8,011) Balance, September 30, 2023 $ (44,300) $ (3,122) $ 6,225 $ (41,197) Details About Accumulated Other Comprehensive Loss Components Amounts Reclassified from Amounts Reclassified from Affected Line Item in the Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Reclassifications from accumulated other comprehensive loss to earnings before tax $ (185) (173) $ (607) $ (537) Interest income Total amount reclassified before tax (185) (173) (607) (537) Income before income taxes Tax benefit (46) (45) (149) (140) Income tax provision (benefit) Total reclassifications from accumulated other comprehensive loss $ (139) $ (128) $ (458) $ (397) Net income

Basis of Presentation (Details)

Basis of Presentation (Details)	Sep. 30, 2024 subsidiary
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of wholly-owned subsidiaries	3

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Basic earnings per share
Net income	$ 6,990	$ 3,409	$ 17,946	$ 4,274
Weighted-average common shares (in shares)	8,696,634	8,744,385	8,688,304	8,889,532
Basic earnings (loss) per common share ( in dollars per share)	$ 0.80	$ 0.39	$ 2.07	$ 0.48
Diluted earnings per share
Net income	$ 6,990	$ 3,409	$ 17,946	$ 4,274
Weighted-average common shares (in shares)	8,696,634	8,744,385	8,688,304	8,889,532
Dilutive effect of equity compensation (in shares)	72,097	22,832	68,240	18,216
Weighted-average common and incremental shares (in shares)	8,768,731	8,767,217	8,756,544	8,907,748
Diluted earnings (loss) per common share (in dollars per share)	$ 0.80	$ 0.39	$ 2.05	$ 0.48
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	0	12,713	0	28,363

Securities (Details)

Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Available-for-sale Securities [Abstract]
Amortized cost	$ 605,722	$ 513,315
Gross Unrealized Gains	1,840	1,054
Gross Unrealized Losses	(32,305)	(39,514)
Fair Value	575,257	474,855
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Held-to-maturity securities, amortized cost	263,520	227,446
Held-to-maturity securities, Gross Unrealized Gains	936	5
Held-to-maturity securities, Gross Unrealized Losses	(14,838)	(19,879)
Securities held-to-maturity, net, fair value	249,618	207,572
Held-to-maturity, debt securities, allowance for credit loss	(200)	(293)
Held-to-maturity, debt securities, after allowance for credit loss	263,320	227,153
Derivative, terminated, premium		400
Significant Other Observable Inputs (Level 2)
Available-for-sale Securities [Abstract]
Fair Value	575,257	474,855
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Securities held-to-maturity, net, fair value	249,618	207,572
U.S. Government-sponsored agencies
Available-for-sale Securities [Abstract]
Amortized cost	88,990	96,404
Gross Unrealized Gains	539	402
Gross Unrealized Losses	(1,213)	(1,629)
Fair Value	88,316	95,177
U.S. Government-sponsored agencies | Significant Other Observable Inputs (Level 2)
Available-for-sale Securities [Abstract]
Fair Value	88,316	95,177
Municipal securities
Available-for-sale Securities [Abstract]
Amortized cost	67,399	69,494
Gross Unrealized Gains	24	356
Gross Unrealized Losses	(2,000)	(1,404)
Fair Value	65,423	68,446
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Held-to-maturity securities, amortized cost	12,859	13,892
Held-to-maturity securities, Gross Unrealized Gains	1	1
Held-to-maturity securities, Gross Unrealized Losses	(613)	(853)
Securities held-to-maturity, net, fair value	12,247	13,040
Held-to-maturity, debt securities, allowance for credit loss	(3)	(3)
Held-to-maturity, debt securities, after allowance for credit loss	12,856	13,889
Municipal securities | Significant Other Observable Inputs (Level 2)
Available-for-sale Securities [Abstract]
Fair Value	65,423	68,446
Agency mortgage-backed securities - residential
Available-for-sale Securities [Abstract]
Amortized cost	290,213	237,798
Gross Unrealized Gains	673	101
Gross Unrealized Losses	(25,033)	(31,250)
Fair Value	265,853	206,649
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Held-to-maturity securities, amortized cost	207,878	166,750
Held-to-maturity securities, Gross Unrealized Gains	935	4
Held-to-maturity securities, Gross Unrealized Losses	(11,515)	(14,112)
Securities held-to-maturity, net, fair value	197,298	152,642
Held-to-maturity, debt securities, allowance for credit loss	0	0
Held-to-maturity, debt securities, after allowance for credit loss	207,878	166,750
Derivative, terminated, premium	300
Agency mortgage-backed securities - residential | Significant Other Observable Inputs (Level 2)
Available-for-sale Securities [Abstract]
Fair Value		206,649
Agency mortgage-backed securities - commercial
Available-for-sale Securities [Abstract]
Amortized cost	65,772	40,215
Gross Unrealized Gains	184	9
Gross Unrealized Losses	(1,022)	(1,339)
Fair Value	64,934	38,885
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Held-to-maturity securities, amortized cost	5,722	5,767
Held-to-maturity securities, Gross Unrealized Gains	0	0
Held-to-maturity securities, Gross Unrealized Losses	(824)	(1,246)
Securities held-to-maturity, net, fair value	4,898	4,521
Held-to-maturity, debt securities, allowance for credit loss	0	0
Held-to-maturity, debt securities, after allowance for credit loss	5,722	5,767
Agency mortgage-backed securities - commercial | Significant Other Observable Inputs (Level 2)
Available-for-sale Securities [Abstract]
Fair Value	64,934	38,885
Private label mortgage-backed securities - residential
Available-for-sale Securities [Abstract]
Amortized cost	34,971	21,742
Gross Unrealized Gains	295	144
Gross Unrealized Losses	(730)	(1,107)
Fair Value	34,536	20,779
Asset-backed securities
Available-for-sale Securities [Abstract]
Amortized cost	18,318	8,071
Gross Unrealized Gains	41	17
Gross Unrealized Losses	(18)	(7)
Fair Value	18,341	8,081
Asset-backed securities | Significant Other Observable Inputs (Level 2)
Available-for-sale Securities [Abstract]
Fair Value	18,341	8,081
Corporate securities
Available-for-sale Securities [Abstract]
Amortized cost	40,059	39,591
Gross Unrealized Gains	84	25
Gross Unrealized Losses	(2,289)	(2,778)
Fair Value	37,854	36,838
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Held-to-maturity securities, amortized cost	37,061	41,037
Held-to-maturity securities, Gross Unrealized Gains	0	0
Held-to-maturity securities, Gross Unrealized Losses	(1,886)	(3,668)
Securities held-to-maturity, net, fair value	35,175	37,369
Held-to-maturity, debt securities, allowance for credit loss	(197)	(290)
Held-to-maturity, debt securities, after allowance for credit loss	36,864	40,747
Corporate securities | Significant Other Observable Inputs (Level 2)
Available-for-sale Securities [Abstract]
Fair Value	$ 37,854	$ 36,838

Securities (Details Textual)

Securities (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($) security	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) security	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) security
Debt Securities, Available-for-Sale [Line Items]
Accrued interest, available for sale	$ 2,800		$ 2,800		$ 2,900
Accrued interest, held to maturity	1,200		1,200		1,200
Held-to-maturity, debt securities, allowance for credit loss	200		200		293
Available-for-sale securities, gross realized gain (loss)	0	$ 0	0	$ 0
Continuous unrealized loss position, fair value	$ 586,900		$ 586,900		$ 578,900
Continuous unrealized loss position, fair value (as a percent)	71%		71%		85%
Number of securities in portfolio | security	573		573		512
Securities in unrealized loss position | security	442		442		434
Mortgage-backed securities
Debt Securities, Available-for-Sale [Line Items]
Percentage of investments issued by U.S. government-sponsored entities and agencies	94%		94%		94%

Securities - Carrying Value (De

Securities - Carrying Value (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Amortized Cost
Within one year	$ 10,725
One to five years	22,032
Five to ten years	72,412
After ten years	91,279
Amortized Cost	196,448
Amortized cost	605,722	$ 513,315
Held-to-maturity securities, within one year	1,812
Held-to-maturity securities, One to five years	15,201
Held-to-maturity securities, Five to ten years	29,408
Held-to-maturity securities, After ten years	3,499
Held-to-maturity securities, Amortized Cost			$ 49,920
Held-to-maturity securities, amortized cost	263,520	227,446
Fair Value
Within one year	10,537
One to five years	22,069
Five to ten years	70,160
After ten years	88,827
Fair Value	191,593
Fair Value	575,257	474,855
Held-to-maturity securities, within one year	1,795
Held-to-maturity securities, One to five years	14,791
Held-to-maturity securities, Five to ten years	27,666
Held-to-maturity securities, After ten years	3,170
Held-to-maturity securities, Fair Value			$ 47,422
Securities held-to-maturity, net, fair value	249,618	207,572
Agency mortgage-backed securities - residential
Amortized Cost
Amortized cost	290,213	237,798
Held-to-maturity securities, amortized cost	207,878	166,750
Fair Value
Fair Value	265,853	206,649
Securities held-to-maturity, net, fair value	197,298	152,642
Private label mortgage-backed securities - residential
Amortized Cost
Amortized cost	34,971	21,742
Fair Value
Fair Value	34,536	20,779
Asset-backed securities
Amortized Cost
Amortized cost	18,318	8,071
Fair Value
Fair Value	$ 18,341	$ 8,081

Securities - Gross Unrealized L

Securities - Gross Unrealized Losses and Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Less Than 12 Months, Fair Value	$ 106,921	$ 73,884
Less Than 12 Months, Unrealized Losses	(1,113)	(720)
12 Months or Longer, Fair Value	296,727	302,785
12 Months or Longer, Unrealized Losses	(31,192)	(38,794)
Total, Fair Value	403,648	376,669
Total, Unrealized Losses	(32,305)	(39,514)
U.S. Government-sponsored agencies
Less Than 12 Months, Fair Value	24,430	41,934
Less Than 12 Months, Unrealized Losses	(93)	(161)
12 Months or Longer, Fair Value	22,792	24,579
12 Months or Longer, Unrealized Losses	(1,120)	(1,468)
Total, Fair Value	47,222	66,513
Total, Unrealized Losses	(1,213)	(1,629)
Municipal securities
Less Than 12 Months, Fair Value	2,465	2,399
Less Than 12 Months, Unrealized Losses	(125)	(103)
12 Months or Longer, Fair Value	49,399	36,193
12 Months or Longer, Unrealized Losses	(1,875)	(1,301)
Total, Fair Value	51,864	38,592
Total, Unrealized Losses	(2,000)	(1,404)
Agency mortgage-backed securities - residential
Less Than 12 Months, Fair Value	44,406	1,089
Less Than 12 Months, Unrealized Losses	(119)	(5)
12 Months or Longer, Fair Value	181,557	194,095
12 Months or Longer, Unrealized Losses	(24,914)	(31,245)
Total, Fair Value	225,963	195,184
Total, Unrealized Losses	(25,033)	(31,250)
Agency mortgage-backed securities - commercial
Less Than 12 Months, Fair Value	18,779	21,561
Less Than 12 Months, Unrealized Losses	(63)	(50)
12 Months or Longer, Fair Value	12,518	14,217
12 Months or Longer, Unrealized Losses	(959)	(1,289)
Total, Fair Value	31,297	35,778
Total, Unrealized Losses	(1,022)	(1,339)
Private label mortgage-backed securities - residential
Less Than 12 Months, Fair Value	5,049	3,567
Less Than 12 Months, Unrealized Losses	(20)	(29)
12 Months or Longer, Fair Value	8,048	9,114
12 Months or Longer, Unrealized Losses	(710)	(1,078)
Total, Fair Value	13,097	12,681
Total, Unrealized Losses	(730)	(1,107)
Asset-backed securities
Less Than 12 Months, Fair Value	7,467	1,654
Less Than 12 Months, Unrealized Losses	(18)	(7)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Total, Fair Value	7,467	1,654
Total, Unrealized Losses	(18)	(7)
Corporate securities
Less Than 12 Months, Fair Value	4,325	1,680
Less Than 12 Months, Unrealized Losses	(675)	(365)
12 Months or Longer, Fair Value	22,413	24,587
12 Months or Longer, Unrealized Losses	(1,614)	(2,413)
Total, Fair Value	26,738	26,267
Total, Unrealized Losses	$ (2,289)	$ (2,778)

Securities - HTM Portfolio Cred

Securities - HTM Portfolio Credit Rating (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	$ 263,520	$ 227,446
Standard & Poor's, AAA Rating | Moody's, Aaa Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	213,600	172,517
Standard & Poor's, AA+ Rating | Moody's, Aa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	8,889	9,917
Standard & Poor's, AA Rating | Moody's, Aa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	2,177	1,538
Standard & Poor's, AA- Rating | Moody's, Aa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	1,793
Standard & Poor's, A+ Rating | Moody's, A1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost		1,794
Standard & Poor's, A Rating | Moody's, A2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	5,000	5,643
Standard & Poor's, A- Rating | Moody's, A3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	4,501	4,509
Standard & Poor's, BBB+ Rating | Moody's, Baa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	8,500	8,500
Standard & Poor's, BBB Rating | Moody's, Baa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	8,500	8,500
Standard & Poor's, BBB- Rating | Moody's, Baa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	8,560	12,528
Standard & Poor's, BB+ Rating | Moody's, Ba1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	2,000	2,000
Municipal securities
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	12,859	13,892
Municipal securities | Standard & Poor's, AAA Rating | Moody's, Aaa Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Municipal securities | Standard & Poor's, AA+ Rating | Moody's, Aa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	8,889	9,917
Municipal securities | Standard & Poor's, AA Rating | Moody's, Aa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	2,177	1,538
Municipal securities | Standard & Poor's, AA- Rating | Moody's, Aa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	1,793
Municipal securities | Standard & Poor's, A+ Rating | Moody's, A1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost		1,794
Municipal securities | Standard & Poor's, A Rating | Moody's, A2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	643
Municipal securities | Standard & Poor's, A- Rating | Moody's, A3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Municipal securities | Standard & Poor's, BBB+ Rating | Moody's, Baa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Municipal securities | Standard & Poor's, BBB Rating | Moody's, Baa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Municipal securities | Standard & Poor's, BBB- Rating | Moody's, Baa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Municipal securities | Standard & Poor's, BB+ Rating | Moody's, Ba1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - residential
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	207,878	166,750
Agency mortgage-backed securities - residential | Standard & Poor's, AAA Rating | Moody's, Aaa Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	207,878	166,750
Agency mortgage-backed securities - residential | Standard & Poor's, AA+ Rating | Moody's, Aa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - residential | Standard & Poor's, AA Rating | Moody's, Aa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - residential | Standard & Poor's, AA- Rating | Moody's, Aa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0
Agency mortgage-backed securities - residential | Standard & Poor's, A+ Rating | Moody's, A1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost		0
Agency mortgage-backed securities - residential | Standard & Poor's, A Rating | Moody's, A2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - residential | Standard & Poor's, A- Rating | Moody's, A3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - residential | Standard & Poor's, BBB+ Rating | Moody's, Baa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - residential | Standard & Poor's, BBB Rating | Moody's, Baa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - residential | Standard & Poor's, BBB- Rating | Moody's, Baa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - residential | Standard & Poor's, BB+ Rating | Moody's, Ba1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - commercial
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	5,722	5,767
Agency mortgage-backed securities - commercial | Standard & Poor's, AAA Rating | Moody's, Aaa Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	5,722	5,767
Agency mortgage-backed securities - commercial | Standard & Poor's, AA+ Rating | Moody's, Aa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - commercial | Standard & Poor's, AA Rating | Moody's, Aa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - commercial | Standard & Poor's, AA- Rating | Moody's, Aa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0
Agency mortgage-backed securities - commercial | Standard & Poor's, A+ Rating | Moody's, A1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost		0
Agency mortgage-backed securities - commercial | Standard & Poor's, A Rating | Moody's, A2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - commercial | Standard & Poor's, A- Rating | Moody's, A3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - commercial | Standard & Poor's, BBB+ Rating | Moody's, Baa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - commercial | Standard & Poor's, BBB Rating | Moody's, Baa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - commercial | Standard & Poor's, BBB- Rating | Moody's, Baa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Agency mortgage-backed securities - commercial | Standard & Poor's, BB+ Rating | Moody's, Ba1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Corporate Securities
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	37,061	41,037
Corporate Securities | Standard & Poor's, AAA Rating | Moody's, Aaa Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Corporate Securities | Standard & Poor's, AA+ Rating | Moody's, Aa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Corporate Securities | Standard & Poor's, AA Rating | Moody's, Aa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0	0
Corporate Securities | Standard & Poor's, AA- Rating | Moody's, Aa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	0
Corporate Securities | Standard & Poor's, A+ Rating | Moody's, A1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost		0
Corporate Securities | Standard & Poor's, A Rating | Moody's, A2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	5,000	5,000
Corporate Securities | Standard & Poor's, A- Rating | Moody's, A3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	4,501	4,509
Corporate Securities | Standard & Poor's, BBB+ Rating | Moody's, Baa1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	8,500	8,500
Corporate Securities | Standard & Poor's, BBB Rating | Moody's, Baa2 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	8,500	8,500
Corporate Securities | Standard & Poor's, BBB- Rating | Moody's, Baa3 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	8,560	12,528
Corporate Securities | Standard & Poor's, BB+ Rating | Moody's, Ba1 Rating
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Line Items]
Held-to-maturity securities, amortized cost	$ 2,000	$ 2,000

Loans - Categories (Details)

Loans - Categories (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 4,006,833		$ 3,802,855
Net deferred loan origination fees/costs and premiums/discounts on purchased loans and other	29,047		37,365
Total loans	4,035,880		3,840,220
Allowance for credit losses	(45,721)	$ (43,405)	(38,774)	$ (36,452)	$ (36,058)	$ (31,737)
Net loans	3,990,159		3,801,446
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(1,226)	(1,389)	(2,185)	(2,110)	(1,849)	(1,711)
Owner-occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(552)	(561)	(825)	(858)	(789)	(651)
Investor commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(1,143)	(1,172)	(1,311)	(1,313)	(1,416)	(1,099)
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(2,783)	(3,140)	(2,167)	(2,103)	(1,940)	(2,074)
Single tenant lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(6,694)	(8,256)	(8,129)	(8,365)	(9,970)	(10,519)
Public finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(698)	(742)	(1,372)	(1,411)	(1,509)	(1,753)
Healthcare finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(1,722)	(1,809)	(1,976)	(2,227)	(2,421)	(2,997)
Franchise finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(7,954)	(5,991)	(6,363)	(5,247)	(4,484)	(3,988)
Small business lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(14,199)	(11,993)	(6,532)	(4,221)	(2,618)	(2,168)
Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(2,162)	(2,112)	(2,054)	(2,280)	(2,550)	(1,559)
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(115)	(118)	(171)	(192)	(224)	(69)
Other consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(6,473)	$ (6,122)	(5,689)	$ (6,125)	$ (6,288)	$ (3,149)
Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,203,480		3,005,924
Commercial Portfolio Segment | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	111,199		129,349
Total loans	111,199		129,349
Commercial Portfolio Segment | Owner-occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	56,461		57,286
Total loans	56,461		57,286
Commercial Portfolio Segment | Investor commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	260,614		132,077
Total loans	260,614		132,077
Commercial Portfolio Segment | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	340,954		261,750
Total loans	340,954		261,750
Commercial Portfolio Segment | Single tenant lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	932,148		936,616
Total loans	932,148		936,616
Commercial Portfolio Segment | Public finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	462,730		521,764
Total loans	462,730		521,764
Commercial Portfolio Segment | Public finance | Interest rate swaps
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	24,100		27,800
Commercial Portfolio Segment | Healthcare finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	190,287		222,793
Commercial Portfolio Segment | Franchise finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	550,442		525,783
Commercial Portfolio Segment | Small business lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	298,645		218,506
Consumer Portfolio
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	803,353		796,931
Consumer Portfolio | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	378,701		395,648
Consumer Portfolio | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	20,264		23,669
Consumer Portfolio | Other consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 404,388		$ 377,614

Loans - Change in the Balances

Loans - Change in the Balances of the ALLL (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Allowance for loan losses:
Beginning balance	$ 43,405	$ 36,058	$ 38,774	$ 31,737	$ 31,737
Provision for credit losses	3,858	1,850	10,360	11,976
Losses Charged Off	(1,751)	(1,517)	(3,789)	(10,639)	(11,884)
Recoveries	209	61	376	416
Ending balance	45,721	36,452	45,721	36,452	38,774
Accrued interest receivable	27,800		27,800		26,700
Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				2,962	2,962
Commercial and industrial
Allowance for loan losses:
Beginning balance	1,389	1,849	2,185	1,711	1,711
Provision for credit losses	(166)	260	(966)	7,265
Losses Charged Off	0	0	0	(6,965)
Recoveries	3	1	7	219
Ending balance	1,226	2,110	1,226	2,110	2,185
Commercial and industrial | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				(120)	(120)
Owner-occupied commercial real estate
Allowance for loan losses:
Beginning balance	561	789	825	651	651
Provision for credit losses	(9)	69	(273)	145
Losses Charged Off	0	0	0	0
Recoveries	0	0	0	0
Ending balance	552	858	552	858	825
Owner-occupied commercial real estate | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				62	62
Investor commercial real estate
Allowance for loan losses:
Beginning balance	1,172	1,416	1,311	1,099	1,099
Provision for credit losses	(29)	488	(168)	996
Losses Charged Off	0	(591)	0	(591)
Recoveries	0	0	0	0
Ending balance	1,143	1,313	1,143	1,313	1,311
Investor commercial real estate | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				(191)	(191)
Construction
Allowance for loan losses:
Beginning balance	3,140	1,940	2,167	2,074	2,074
Provision for credit losses	(357)	163	616	464
Losses Charged Off	0	0	0	0
Recoveries	0	0	0	0
Ending balance	2,783	2,103	2,783	2,103	2,167
Construction | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				(435)	(435)
Single tenant lease financing
Allowance for loan losses:
Beginning balance	8,256	9,970	8,129	10,519	10,519
Provision for credit losses	(1,562)	(1,605)	(1,240)	(1,808)
Losses Charged Off	0	0	(195)	0
Recoveries	0	0	0	0
Ending balance	6,694	8,365	6,694	8,365	8,129
Single tenant lease financing | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				(346)	(346)
Public finance
Allowance for loan losses:
Beginning balance	742	1,509	1,372	1,753	1,753
Provision for credit losses	(44)	(98)	(674)	(207)
Losses Charged Off	0	0	0	0
Recoveries	0	0	0	0
Ending balance	698	1,411	698	1,411	1,372
Public finance | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				(135)	(135)
Healthcare finance
Allowance for loan losses:
Beginning balance	1,809	2,421	1,976	2,997	2,997
Provision for credit losses	(87)	(194)	(254)	(1,779)
Losses Charged Off	0	0	0	(25)
Recoveries	0	0	0	0
Ending balance	1,722	2,227	1,722	2,227	1,976
Healthcare finance | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				1,034	1,034
Small business lending
Allowance for loan losses:
Beginning balance	11,993	2,618	6,532	2,168	2,168
Provision for credit losses	3,346	2,341	9,564	3,834
Losses Charged Off	(1,309)	(751)	(2,171)	(2,169)
Recoveries	169	13	274	54
Ending balance	14,199	4,221	14,199	4,221	6,532
Small business lending | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				334	334
Franchise finance
Allowance for loan losses:
Beginning balance	5,991	4,484	6,363	3,988	3,988
Provision for credit losses	1,963	763	2,168	1,903
Losses Charged Off	0	0	(577)	(331)
Recoveries	0	0	0	0
Ending balance	7,954	5,247	7,954	5,247	6,363
Franchise finance | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				(313)	(313)
Residential mortgage
Allowance for loan losses:
Beginning balance	2,112	2,550	2,054	1,559	1,559
Provision for credit losses	67	(215)	193	367
Losses Charged Off	(17)	(56)	(86)	(56)
Recoveries	0	1	1	4
Ending balance	2,162	2,280	2,162	2,280	2,054
Residential mortgage | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				406	406
Home equity
Allowance for loan losses:
Beginning balance	118	224	171	69	69
Provision for credit losses	(6)	(34)	(62)	(15)
Losses Charged Off	0	0	0	0
Recoveries	3	2	6	5
Ending balance	115	192	115	192	171
Home equity | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				133	133
Other consumer loans
Allowance for loan losses:
Beginning balance	6,122	6,288	5,689	3,149	3,149
Provision for credit losses	742	(88)	1,456	811
Losses Charged Off	(425)	(119)	(760)	(502)
Recoveries	34	44	88	134
Ending balance	$ 6,473	$ 6,125	$ 6,473	6,125	5,689
Other consumer loans | Cumulative Effect, Period of Adoption, Adjustment
Allowance for loan losses:
Beginning balance				$ 2,533	$ 2,533

Loans - Provision For Credit Lo

Loans - Provision For Credit Losses On Off-Balance Sheet Commitments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Jan. 01, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	$ 3,347	$ 3,602	$ 3,347	$ 3,602	$ 3,786	$ 3,745	$ 3,491		$ 0
Provision for credit losses	(439)	111	(398)	1,098
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments								$ 2,500	2,504
Commercial Portfolio Segment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	3,300	3,511	3,300	3,511	3,739	3,678	3,355		0
Provision for credit losses	(439)	156	(378)	1,197
Commercial Portfolio Segment | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									2,314
Commercial Portfolio Segment | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	212	206	212	206	188	233	188		0
Provision for credit losses	24	18	(21)	96
Commercial Portfolio Segment | Commercial and industrial | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									110
Commercial Portfolio Segment | Owner-occupied commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	24	9	24	9	0	9	8		0
Provision for credit losses	24	1	15	9
Commercial Portfolio Segment | Owner-occupied commercial real estate | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									0
Commercial Portfolio Segment | Investor commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	10	17	10	17	0	6	20		0
Provision for credit losses	10	(3)	4	8
Commercial Portfolio Segment | Investor commercial real estate | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									9
Commercial Portfolio Segment | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	2,864	2,889	2,864	2,889	3,420	2,889	2,897		0
Provision for credit losses	(556)	(8)	(25)	696
Commercial Portfolio Segment | Construction | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									2,193
Commercial Portfolio Segment | Single tenant lease financing
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	28		28		0	0
Provision for credit losses	28		28
Commercial Portfolio Segment | Healthcare finance
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments		0		0					0
Provision for credit losses				(2)
Commercial Portfolio Segment | Healthcare finance | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									2
Commercial Portfolio Segment | Small business lending
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	162	390	162	390	131	541	242		0
Provision for credit losses	31	148	(379)	390
Commercial Portfolio Segment | Small business lending | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									0
Consumer Portfolio
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	47	91	47	91	47	67	136		0
Provision for credit losses	0	(45)	(20)	(99)
Consumer Portfolio | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									190
Consumer Portfolio | Residential mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	2	25	2	25	3	11	59		0
Provision for credit losses	(1)	(34)	(9)	(102)
Consumer Portfolio | Residential mortgage | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									127
Consumer Portfolio | Home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	34	54	34	54	33	45	63		0
Provision for credit losses	1	(9)	(11)	2
Consumer Portfolio | Home equity | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									52
Consumer Portfolio | Other consumer loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments	11	12	11	12	$ 11	$ 11	$ 14		0
Provision for credit losses	$ 0	$ (2)	$ 0	$ 1
Consumer Portfolio | Other consumer loans | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Off-balance sheet commitments									$ 11

Loans - Credit Risk Profile and

Loans - Credit Risk Profile and Loan Portfolio Delinquency (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	$ 393,477		$ 393,477		$ 624,674
Fiscal year before current year	667,289		667,289		1,040,686
Two fiscal years before current year	997,281		997,281		463,824
Three fiscal years before current year	443,566		443,566		300,968
Four fiscal years before current year	265,728		265,728		362,098
More than five years before current year	1,163,958		1,163,958		937,458
Revolving loans amortized, cost basis	74,609		74,609		71,369
Revolving loans converted to term	925		925		1,778
Total loans	4,035,880		4,035,880		3,840,220
Current fiscal year, writeoff			49		164
Fiscal year before current year, writeoff			1,798		1,238
Two fiscal years before current year, writeoff			940		7,420
Three fiscal years before current year, writeoff			454		1,420
Four fiscal years before current year, writeoff			105		808
More than five years before current year, writeoff			443		834
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs	1,751	$ 1,517	3,789	$ 10,639	11,884
Loans	4,006,833		4,006,833		3,802,855
Nonaccural, interest income (less than)	100		100
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	6,498		6,498		3,013
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	6,987		6,987		3,778
90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	16,726		16,726		4,813
Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	30,211		30,211		11,604
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,976,622		3,976,622		3,791,251
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	0	0	6,965
Owner-occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	0	0	0
Investor commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	591	0	591
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	0	0	0
Single tenant lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	0	195	0
Public finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	0	0	0
Healthcare finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	0	0	25
Small business lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	1,309	751	2,171	2,169
Franchise finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	0	577	331
Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	17	56	86	56
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	0	0	0	0
Other consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year-to-date gross charge-offs	425	$ 119	760	$ 502
Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,203,480		3,203,480		3,005,924
Commercial Portfolio Segment | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	15,706		15,706		24,329
Fiscal year before current year	9,299		9,299		24,019
Two fiscal years before current year	18,884		18,884		15,464
Three fiscal years before current year	5,480		5,480		2,502
Four fiscal years before current year	2,397		2,397		12,365
More than five years before current year	18,819		18,819		8,703
Revolving loans amortized, cost basis	40,614		40,614		41,967
Revolving loans converted to term	0		0		0
Total loans	111,199		111,199		129,349
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		0
Two fiscal years before current year, writeoff			0		6,914
Three fiscal years before current year, writeoff			0		5
Four fiscal years before current year, writeoff			0		130
More than five years before current year, writeoff			0		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			0		7,049
Loans	111,199		111,199		129,349
Commercial Portfolio Segment | Commercial and industrial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		40
Commercial Portfolio Segment | Commercial and industrial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		21
Commercial Portfolio Segment | Commercial and industrial | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Commercial and industrial | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		61
Commercial Portfolio Segment | Commercial and industrial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	111,199		111,199		129,288
Commercial Portfolio Segment | Owner-occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	3,432		3,432		1,492
Fiscal year before current year	1,467		1,467		11,315
Two fiscal years before current year	11,070		11,070		8,912
Three fiscal years before current year	7,435		7,435		14,983
Four fiscal years before current year	13,974		13,974		5,255
More than five years before current year	19,083		19,083		15,329
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	56,461		56,461		57,286
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		0
Two fiscal years before current year, writeoff			0		0
Three fiscal years before current year, writeoff			0		0
Four fiscal years before current year, writeoff			0		0
More than five years before current year, writeoff			0		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			0		0
Loans	56,461		56,461		57,286
Commercial Portfolio Segment | Owner-occupied commercial real estate | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Owner-occupied commercial real estate | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Owner-occupied commercial real estate | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Owner-occupied commercial real estate | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Owner-occupied commercial real estate | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	56,461		56,461		57,286
Commercial Portfolio Segment | Investor commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	60,642		60,642		6,571
Fiscal year before current year	2,894		2,894		35,209
Two fiscal years before current year	90,280		90,280		26,841
Three fiscal years before current year	65,050		65,050		9,864
Four fiscal years before current year	9,673		9,673		47,827
More than five years before current year	32,075		32,075		5,765
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	260,614		260,614		132,077
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		0
Two fiscal years before current year, writeoff			0		0
Three fiscal years before current year, writeoff			0		0
Four fiscal years before current year, writeoff			0		0
More than five years before current year, writeoff			0		591
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			0		591
Loans	260,614		260,614		132,077
Commercial Portfolio Segment | Investor commercial real estate | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Investor commercial real estate | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Investor commercial real estate | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Investor commercial real estate | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Investor commercial real estate | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	260,614		260,614		132,077
Commercial Portfolio Segment | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	24,292		24,292		26,539
Fiscal year before current year	128,924		128,924		153,066
Two fiscal years before current year	136,518		136,518		70,175
Three fiscal years before current year	47,004		47,004		6,121
Four fiscal years before current year	2,098		2,098		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	2,118		2,118		5,849
Revolving loans converted to term	0		0		0
Total loans	340,954		340,954		261,750
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		0
Two fiscal years before current year, writeoff			0		0
Three fiscal years before current year, writeoff			0		0
Four fiscal years before current year, writeoff			0		0
More than five years before current year, writeoff			0		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			0		0
Loans	340,954		340,954		261,750
Commercial Portfolio Segment | Construction | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Construction | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Construction | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Construction | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Construction | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	340,954		340,954		261,750
Commercial Portfolio Segment | Single tenant lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	41,326		41,326		52,360
Fiscal year before current year	51,925		51,925		226,326
Two fiscal years before current year	222,436		222,436		95,773
Three fiscal years before current year	92,380		92,380		68,895
Four fiscal years before current year	64,010		64,010		142,023
More than five years before current year	460,071		460,071		351,239
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	932,148		932,148		936,616
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		0
Two fiscal years before current year, writeoff			0		0
Three fiscal years before current year, writeoff			0		0
Four fiscal years before current year, writeoff			0		0
More than five years before current year, writeoff			195		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			195		0
Loans	932,148		932,148		936,616
Commercial Portfolio Segment | Single tenant lease financing | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Single tenant lease financing | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Single tenant lease financing | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Single tenant lease financing | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Single tenant lease financing | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	932,148		932,148		936,616
Commercial Portfolio Segment | Public finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	5,565		5,565		3,805
Fiscal year before current year	1,788		1,788		30,583
Two fiscal years before current year	7,790		7,790		29,750
Three fiscal years before current year	27,775		27,775		719
Four fiscal years before current year	634		634		43,611
More than five years before current year	419,178		419,178		413,296
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	462,730		462,730		521,764
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		0
Two fiscal years before current year, writeoff			0		0
Three fiscal years before current year, writeoff			0		0
Four fiscal years before current year, writeoff			0		0
More than five years before current year, writeoff			0		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			0		0
Loans	462,730		462,730		521,764
Commercial Portfolio Segment | Public finance | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Public finance | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Public finance | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Public finance | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Public finance | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	462,730		462,730		521,764
Commercial Portfolio Segment | Healthcare finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		9,955
Three fiscal years before current year	9,220		9,220		124,654
Four fiscal years before current year	108,900		108,900		64,700
More than five years before current year	72,167		72,167		23,484
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		0
Two fiscal years before current year, writeoff			0		0
Three fiscal years before current year, writeoff			0		0
Four fiscal years before current year, writeoff			0		605
More than five years before current year, writeoff			0		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			0		605
Loans	190,287		190,287		222,793
Commercial Portfolio Segment | Healthcare finance | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Healthcare finance | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Healthcare finance | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Healthcare finance | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Commercial Portfolio Segment | Healthcare finance | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	190,287		190,287		222,793
Commercial Portfolio Segment | Small business lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	96,165		96,165		120,587
Fiscal year before current year	110,941		110,941		44,427
Two fiscal years before current year	36,747		36,747		15,232
Three fiscal years before current year	13,159		13,159		16,066
Four fiscal years before current year	12,301		12,301		6,002
More than five years before current year	13,688		13,688		10,330
Revolving loans amortized, cost basis	15,644		15,644		5,862
Revolving loans converted to term	0		0		0
Current fiscal year, writeoff			0		67
Fiscal year before current year, writeoff			1,303		739
Two fiscal years before current year, writeoff			677		416
Three fiscal years before current year, writeoff			0		1,364
Four fiscal years before current year, writeoff			104		0
More than five years before current year, writeoff			87		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			2,171		2,586
Loans	298,645		298,645		218,506
Commercial Portfolio Segment | Small business lending | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,180		3,180		2,680
Commercial Portfolio Segment | Small business lending | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,755		1,755		57
Commercial Portfolio Segment | Small business lending | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	6,779		6,779		2,794
Commercial Portfolio Segment | Small business lending | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	11,714		11,714		5,531
Commercial Portfolio Segment | Small business lending | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	286,931		286,931		212,975
Commercial Portfolio Segment | Franchise finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	62,376		62,376		256,944
Fiscal year before current year	243,220		243,220		210,617
Two fiscal years before current year	192,167		192,167		58,222
Three fiscal years before current year	52,679		52,679		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			281		331
Two fiscal years before current year, writeoff			0		0
Three fiscal years before current year, writeoff			296		0
Four fiscal years before current year, writeoff			0		0
More than five years before current year, writeoff			0		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			577		331
Loans	550,442		550,442		525,783
Commercial Portfolio Segment | Franchise finance | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,938		1,938		0
Commercial Portfolio Segment | Franchise finance | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,651		3,651		2,923
Commercial Portfolio Segment | Franchise finance | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	7,300		7,300		303
Commercial Portfolio Segment | Franchise finance | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	12,889		12,889		3,226
Commercial Portfolio Segment | Franchise finance | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	537,553		537,553		522,557
Commercial Portfolio Segment | Pass | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	15,655		15,655		24,329
Fiscal year before current year	9,127		9,127		19,382
Two fiscal years before current year	14,422		14,422		15,464
Three fiscal years before current year	5,480		5,480		2,502
Four fiscal years before current year	2,397		2,397		12,365
More than five years before current year	18,819		18,819		8,703
Revolving loans amortized, cost basis	40,614		40,614		41,967
Revolving loans converted to term	0		0		0
Total loans	106,514		106,514		124,712
Commercial Portfolio Segment | Pass | Owner-occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	3,432		3,432		1,492
Fiscal year before current year	1,467		1,467		10,731
Two fiscal years before current year	10,496		10,496		7,990
Three fiscal years before current year	6,538		6,538		6,591
Four fiscal years before current year	5,766		5,766		5,255
More than five years before current year	16,263		16,263		12,485
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	43,962		43,962		44,544
Commercial Portfolio Segment | Pass | Investor commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	60,642		60,642		6,571
Fiscal year before current year	2,894		2,894		35,209
Two fiscal years before current year	90,280		90,280		26,841
Three fiscal years before current year	65,050		65,050		9,864
Four fiscal years before current year	9,673		9,673		47,827
More than five years before current year	27,709		27,709		5,765
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	256,248		256,248		132,077
Commercial Portfolio Segment | Pass | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	24,292		24,292		26,539
Fiscal year before current year	128,924		128,924		153,066
Two fiscal years before current year	136,518		136,518		70,175
Three fiscal years before current year	47,004		47,004		6,121
Four fiscal years before current year	2,098		2,098		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	2,118		2,118		5,849
Revolving loans converted to term	0		0		0
Total loans	340,954		340,954		261,750
Commercial Portfolio Segment | Pass | Single tenant lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	40,680		40,680		52,360
Fiscal year before current year	51,925		51,925		221,964
Two fiscal years before current year	214,769		214,769		89,075
Three fiscal years before current year	88,047		88,047		65,863
Four fiscal years before current year	64,010		64,010		142,023
More than five years before current year	447,248		447,248		346,695
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	906,679		906,679		917,980
Commercial Portfolio Segment | Pass | Public finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	5,565		5,565		3,805
Fiscal year before current year	1,788		1,788		30,583
Two fiscal years before current year	7,790		7,790		29,750
Three fiscal years before current year	27,775		27,775		719
Four fiscal years before current year	634		634		43,611
More than five years before current year	417,168		417,168		411,176
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	460,720		460,720		519,644
Commercial Portfolio Segment | Pass | Healthcare finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		9,955
Three fiscal years before current year	9,220		9,220		124,654
Four fiscal years before current year	108,900		108,900		63,486
More than five years before current year	71,521		71,521		23,484
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	189,641		189,641		221,579
Commercial Portfolio Segment | Pass | Small business lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	95,188		95,188		119,149
Fiscal year before current year	103,226		103,226		42,077
Two fiscal years before current year	32,612		32,612		15,180
Three fiscal years before current year	12,447		12,447		13,948
Four fiscal years before current year	10,500		10,500		4,582
More than five years before current year	11,643		11,643		9,215
Revolving loans amortized, cost basis	14,191		14,191		5,388
Revolving loans converted to term	0		0		0
Loans	279,807		279,807		209,539
Commercial Portfolio Segment | Pass | Franchise finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	62,376		62,376		256,944
Fiscal year before current year	238,009		238,009		210,617
Two fiscal years before current year	185,117		185,117		57,919
Three fiscal years before current year	45,867		45,867		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	531,369		531,369		525,480
Commercial Portfolio Segment | Special Mention | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	51		51		0
Fiscal year before current year	172		172		4,637
Two fiscal years before current year	4,462		4,462		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	4,685		4,685		4,637
Commercial Portfolio Segment | Special Mention | Owner-occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		584
Two fiscal years before current year	574		574		922
Three fiscal years before current year	897		897		8,392
Four fiscal years before current year	8,208		8,208		0
More than five years before current year	1,165		1,165		1,189
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	10,844		10,844		11,087
Commercial Portfolio Segment | Special Mention | Investor commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	4,366		4,366		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	4,366		4,366		0
Commercial Portfolio Segment | Special Mention | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Special Mention | Single tenant lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	646		646		0
Fiscal year before current year	0		0		4,362
Two fiscal years before current year	7,667		7,667		6,698
Three fiscal years before current year	4,333		4,333		3,032
Four fiscal years before current year	0		0		0
More than five years before current year	12,823		12,823		4,544
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	25,469		25,469		18,636
Commercial Portfolio Segment | Special Mention | Public finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	2,010		2,010		2,120
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	2,010		2,010		2,120
Commercial Portfolio Segment | Special Mention | Healthcare finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		1,214
More than five years before current year	646		646		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	646		646		1,214
Commercial Portfolio Segment | Special Mention | Small business lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	977		977		343
Fiscal year before current year	2,365		2,365		496
Two fiscal years before current year	1,556		1,556		0
Three fiscal years before current year	642		642		341
Four fiscal years before current year	364		364		265
More than five years before current year	579		579		698
Revolving loans amortized, cost basis	991		991		0
Revolving loans converted to term	0		0		0
Loans	7,474		7,474		2,143
Commercial Portfolio Segment | Special Mention | Franchise finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	2,226		2,226		0
Two fiscal years before current year	3,993		3,993		0
Three fiscal years before current year	6,339		6,339		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	12,558		12,558		0
Commercial Portfolio Segment | Substandard | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Substandard | Owner-occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	1,655		1,655		1,655
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	1,655		1,655		1,655
Commercial Portfolio Segment | Substandard | Investor commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Substandard | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Substandard | Single tenant lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Substandard | Public finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Substandard | Healthcare finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	0		0		0
Commercial Portfolio Segment | Substandard | Small business lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		1,095
Fiscal year before current year	5,350		5,350		1,854
Two fiscal years before current year	2,579		2,579		52
Three fiscal years before current year	70		70		1,777
Four fiscal years before current year	1,437		1,437		1,155
More than five years before current year	1,466		1,466		417
Revolving loans amortized, cost basis	462		462		474
Revolving loans converted to term	0		0		0
Loans	11,364		11,364		6,824
Commercial Portfolio Segment | Substandard | Franchise finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	2,985		2,985		0
Two fiscal years before current year	3,057		3,057		303
Three fiscal years before current year	473		473		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	6,515		6,515		303
Commercial Portfolio Segment | Doubtful | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Doubtful | Owner-occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Doubtful | Investor commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Doubtful | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Doubtful | Single tenant lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Doubtful | Public finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total loans	0		0		0
Commercial Portfolio Segment | Doubtful | Healthcare finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	0		0		0
Commercial Portfolio Segment | Doubtful | Small business lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	0		0		0
Commercial Portfolio Segment | Doubtful | Franchise finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	0		0		0
Consumer Portfolio
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	803,353		803,353		796,931
Consumer Portfolio | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	1,393		1,393		14,942
Fiscal year before current year	13,746		13,746		196,191
Two fiscal years before current year	187,484		187,484		91,466
Three fiscal years before current year	87,682		87,682		30,165
Four fiscal years before current year	29,239		29,239		13,072
More than five years before current year	59,157		59,157		49,812
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		53
Two fiscal years before current year, writeoff			28		70
Three fiscal years before current year, writeoff			58		0
Four fiscal years before current year, writeoff			0		17
More than five years before current year, writeoff			0		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			86		140
Loans	378,701		378,701		395,648
Consumer Portfolio | Residential mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,216		1,216		70
Consumer Portfolio | Residential mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,570		1,570		709
Consumer Portfolio | Residential mortgage | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	2,647		2,647		1,663
Consumer Portfolio | Residential mortgage | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	5,433		5,433		2,442
Consumer Portfolio | Residential mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	373,268		373,268		393,206
Consumer Portfolio | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		1,369
Fiscal year before current year	1,018		1,018		1,997
Two fiscal years before current year	1,577		1,577		436
Three fiscal years before current year	364		364		467
Four fiscal years before current year	431		431		141
More than five years before current year	557		557		585
Revolving loans amortized, cost basis	15,392		15,392		16,896
Revolving loans converted to term	925		925		1,778
Current fiscal year, writeoff			0		0
Fiscal year before current year, writeoff			0		0
Two fiscal years before current year, writeoff			0		0
Three fiscal years before current year, writeoff			0		0
Four fiscal years before current year, writeoff			0		0
More than five years before current year, writeoff			0		0
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			0		0
Loans	20,264		20,264		23,669
Consumer Portfolio | Home equity | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Consumer Portfolio | Home equity | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Consumer Portfolio | Home equity | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Consumer Portfolio | Home equity | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		0
Consumer Portfolio | Home equity | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	20,264		20,264		23,669
Consumer Portfolio | Other consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	82,580		82,580		115,736
Fiscal year before current year	102,067		102,067		106,936
Two fiscal years before current year	92,328		92,328		41,598
Three fiscal years before current year	35,338		35,338		26,532
Four fiscal years before current year	22,071		22,071		27,102
More than five years before current year	69,163		69,163		58,915
Revolving loans amortized, cost basis	841		841		795
Revolving loans converted to term	0		0		0
Current fiscal year, writeoff			49		97
Fiscal year before current year, writeoff			214		115
Two fiscal years before current year, writeoff			235		20
Three fiscal years before current year, writeoff			100		51
Four fiscal years before current year, writeoff			1		56
More than five years before current year, writeoff			161		243
Revolving loans amortized cost basis, writeoff			0		0
Revolving loans converted to term, writeoff			0		0
Year-to-date gross charge-offs			760		582
Loans	404,388		404,388		377,614
Consumer Portfolio | Other consumer loans | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	164		164		223
Consumer Portfolio | Other consumer loans | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	11		11		68
Consumer Portfolio | Other consumer loans | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0		0		53
Consumer Portfolio | Other consumer loans | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	175		175		344
Consumer Portfolio | Other consumer loans | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	404,213		404,213		377,270
Consumer Portfolio | Performing | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	1,393		1,393		14,942
Fiscal year before current year	13,746		13,746		195,453
Two fiscal years before current year	186,656		186,656		91,010
Three fiscal years before current year	87,071		87,071		30,092
Four fiscal years before current year	29,170		29,170		13,072
More than five years before current year	57,496		57,496		48,330
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	375,532		375,532		392,899
Consumer Portfolio | Performing | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		1,369
Fiscal year before current year	1,018		1,018		1,997
Two fiscal years before current year	1,577		1,577		436
Three fiscal years before current year	364		364		467
Four fiscal years before current year	431		431		141
More than five years before current year	557		557		585
Revolving loans amortized, cost basis	15,392		15,392		16,896
Revolving loans converted to term	925		925		1,778
Loans	20,264		20,264		23,669
Consumer Portfolio | Performing | Other consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	82,580		82,580		115,736
Fiscal year before current year	102,067		102,067		106,883
Two fiscal years before current year	92,328		92,328		41,598
Three fiscal years before current year	35,338		35,338		26,527
Four fiscal years before current year	22,069		22,069		27,087
More than five years before current year	69,149		69,149		58,902
Revolving loans amortized, cost basis	841		841		795
Revolving loans converted to term	0		0		0
Loans	404,372		404,372		377,528
Consumer Portfolio | Nonaccrual | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		738
Two fiscal years before current year	828		828		456
Three fiscal years before current year	611		611		73
Four fiscal years before current year	69		69		0
More than five years before current year	1,661		1,661		1,482
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	3,169		3,169		2,749
Consumer Portfolio | Nonaccrual | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		0
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		0
Four fiscal years before current year	0		0		0
More than five years before current year	0		0		0
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	0		0		0
Consumer Portfolio | Nonaccrual | Other consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current year	0		0		0
Fiscal year before current year	0		0		53
Two fiscal years before current year	0		0		0
Three fiscal years before current year	0		0		5
Four fiscal years before current year	2		2		15
More than five years before current year	14		14		13
Revolving loans amortized, cost basis	0		0		0
Revolving loans converted to term	0		0		0
Loans	$ 16		$ 16		$ 86

Loans - Nonaccrual Loans and Lo

Loans - Nonaccrual Loans and Loans Past Due 90 Days or More (Details) - Nonaccrual - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Commercial Portfolio Segment | Small business lending
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual Loans	$ 11,364	$ 6,824
Nonaccrual Loans with no Allowance for Credit Losses	888	904
Collateral dependent loans	61	0
Commercial Portfolio Segment | Franchise finance
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual Loans	6,515	303
Nonaccrual Loans with no Allowance for Credit Losses	0	0
Collateral dependent loans	785	0
Consumer Portfolio
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual Loans	21,064	9,124
Nonaccrual Loans with no Allowance for Credit Losses	4,073	2,901
Collateral dependent loans	1,414	838
Consumer Portfolio | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual Loans	3,169	1,911
Nonaccrual Loans with no Allowance for Credit Losses	3,169	1,911
Collateral dependent loans	568	838
Consumer Portfolio | Other consumer loans
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual Loans	16	86
Nonaccrual Loans with no Allowance for Credit Losses	16	86
Collateral dependent loans	$ 0	$ 0

Loans - Collateral Dependent Lo

Loans - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	$ 20,693	$ 9,962
Allowance on collateral dependent loans, individually evaluated	7,354	2,391
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	7,707	2,875
Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	3,169	3,121
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	9,817	3,966
Owner-occupied commercial real estate | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	1,654	1,654
Allowance on collateral dependent loans, individually evaluated	0	0
Owner-occupied commercial real estate | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0	0
Owner-occupied commercial real estate | Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0	0
Owner-occupied commercial real estate | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	1,654	1,654
Small business lending | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	9,339	6,311
Allowance on collateral dependent loans, individually evaluated	5,337	2,391
Small business lending | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	1,192	2,875
Small business lending | Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0	1,210
Small business lending | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	8,147	2,226
Franchise finance | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	6,515
Allowance on collateral dependent loans, individually evaluated	2,017
Franchise finance | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	6,515
Franchise finance | Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0
Franchise finance | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0
Residential mortgage | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	3,169	1,911
Allowance on collateral dependent loans, individually evaluated	0	0
Residential mortgage | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0	0
Residential mortgage | Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	3,169	1,911
Residential mortgage | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0	0
Other consumer loans | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	16	86
Allowance on collateral dependent loans, individually evaluated	0	0
Other consumer loans | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0	0
Other consumer loans | Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	0	0
Other consumer loans | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of collateral dependent loans, individually evaluated	$ 16	$ 86

Loans - Loans Experiencing Fina

Loans - Loans Experiencing Financial Difficulty and Modified (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2024 USD ($) loan	Sep. 30, 2024 USD ($) loan
Receivables [Abstract]
Number of loans modified | loan	3	3
Financing Receivable, Modified [Line Items]
Total loans modified	$ 7,759	$ 7,759
Payment Delay
Financing Receivable, Modified [Line Items]
Total loans modified	7,759	7,759
Investor commercial real estate
Financing Receivable, Modified [Line Items]
Total loans modified	$ 3,731	$ 3,731
% of class of loans	1.40%	1.40%
Investor commercial real estate | Payment Delay
Financing Receivable, Modified [Line Items]
Total loans modified	$ 3,731	$ 3,731
Forbearance average term	9 months	9 months
Franchise finance
Financing Receivable, Modified [Line Items]
Total loans modified	$ 4,028	$ 4,028
% of class of loans	0.70%	0.70%
Franchise finance | Payment Delay
Financing Receivable, Modified [Line Items]
Total loans modified	$ 4,028	$ 4,028
Forbearance average term	7 months	7 months

Loans - Performance of Loans Mo

Loans - Performance of Loans Modified in the Last Twelve Months (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Current
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	$ 7,759
30 - 89 Days Past Due
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	0
90+ Days Past Due
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	0
Investor commercial real estate | Current
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	3,731
Investor commercial real estate | 30 - 89 Days Past Due
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	0
Investor commercial real estate | 90+ Days Past Due
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	0
Franchise finance | Current
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	4,028
Franchise finance | 30 - 89 Days Past Due
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	0
Franchise finance | 90+ Days Past Due
Financing Receivable, Modified, Past Due [Line Items]
Total loans modified in the last twelve months	$ 0

Loans - Other Real Estate Owned

Loans - Other Real Estate Owned (Details) $ in Thousands	Sep. 30, 2024 USD ($) property loan	Dec. 31, 2023 USD ($) loan property
Receivables [Abstract]
Other real estate owned	$ 251	$ 375
Other real estate owned, number of properties | property	2	2
Mortgage loans in process of foreclosure, amount	$ 1,900	$ 800
Mortgage loans in process of foreclosure, number of loans | loan	7	1

Premises and Equipment - Summar

Premises and Equipment - Summary (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation	$ (18,293)	$ (14,855)
Premises and equipment, net	72,150	73,463
Land
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	5,598	5,598
Right of use leased asset
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	203	66
Construction in process
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	382	1,119
Building and improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	62,583	60,699
Furniture and equipment
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 21,677	$ 20,836

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 4,687	$ 4,687

Servicing Asset (Details)

Servicing Asset (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Servicing Asset at Fair Value, Amount [Roll Forward]
Balance, beginning of period	$ 13,009	$ 8,251	$ 10,567	$ 6,255
Originated	2,499	1,585	6,204	3,994
Paydowns:	(689)	(408)	(2,097)	(1,275)
Changes in fair value due to changes in valuation inputs or assumptions used in the valuation model	(157)	151	(12)	605
Loan servicing asset revaluation	(846)	(257)	(2,109)	(670)
Balance, end of period	$ 14,662	$ 9,579	$ 14,662	$ 9,579

Servicing Asset - Unpaid princi

Servicing Asset - Unpaid principal balance (Details) - Loan servicing - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Servicing Assets at Fair Value [Line Items]
Loans serviced for others	$ 783,276	$ 531,927
SBA guaranteed loans
Servicing Assets at Fair Value [Line Items]
Loans serviced for others	$ 783,276	$ 531,927

Servicing Asset - Narrative (De

Servicing Asset - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Servicing Assets at Fair Value [Line Items]
Changes in fair value due to changes in valuation inputs or assumptions used in the valuation model	$ 157	$ (151)	$ 12	$ (605)
Loan servicing
Servicing Assets at Fair Value [Line Items]
Loan servicing revenue	1,570	1,064	4,363	2,699
Changes in fair value due to changes in valuation inputs or assumptions used in the valuation model	$ 800	$ 300	$ 2,100	$ 700

Subordinated Debt (Details Text

Subordinated Debt (Details Textual) - Subordinated Debt - USD ($)	1 Months Ended
	Aug. 31, 2021	Oct. 31, 2020	Jun. 30, 2019	Dec. 30, 2021
2031 Notes
Debt Instrument [Line Items]
Subordinated debenture, principal amount			$ 37,000,000
Fixed annual interest rate (as a percent)			6%
2030 Notes
Debt Instrument [Line Items]
Subordinated debenture, principal amount		$ 10,000,000
Fixed annual interest rate (as a percent)		6%
2031 Notes
Debt Instrument [Line Items]
Subordinated debenture, principal amount	$ 60,000,000
Fixed annual interest rate (as a percent)	3.75%
Unregistered 2031 Notes
Debt Instrument [Line Items]
Debt Instrument, Principal Amount Exchanged				$ 59,300,000
Debt Instrument, Principal Amount Remaining				$ 700,000
LIBOR | 2031 Notes
Debt Instrument [Line Items]
Basis spread on variable rate			4.376%
Secured Overnight Financing Rate (SOFR) | 2030 Notes
Debt Instrument [Line Items]
Basis spread on variable rate		5.795%
Secured Overnight Financing Rate (SOFR) | 2031 Notes
Debt Instrument [Line Items]
Basis spread on variable rate	3.11%

Subordinated Debt - Schedule of

Subordinated Debt - Schedule of Subordinated Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Unamortized Discount and Debt Issuance Costs	$ (1,929)	$ (2,162)
Subordinated Debt
Debt Instrument [Line Items]
Principal	107,000	107,000
Unamortized Discount and Debt Issuance Costs	(1,929)	(2,162)
Subordinated Debt | 2029 Notes
Debt Instrument [Line Items]
Principal	37,000	37,000
Unamortized Discount and Debt Issuance Costs	(743)	(862)
Subordinated Debt | 2030 Notes
Debt Instrument [Line Items]
Principal	10,000	10,000
Unamortized Discount and Debt Issuance Costs	(143)	(160)
Subordinated Debt | 2031 Notes
Debt Instrument [Line Items]
Principal	60,000	60,000
Unamortized Discount and Debt Issuance Costs	$ (1,043)	$ (1,140)

Benefit Plans - Activity (Detai

Benefit Plans - Activity (Details)	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Restricted Stock Units | 2022 Plan
Awards/Units Outstanding (in shares)
Balance at beginning of period (in shares) | shares	72,354
Granted (in shares) | shares	75,222
Cancelled/Forfeited (in shares) | shares	(1,290)
Vested (in shares) | shares	(14,294)
Balance at end of period (in shares) | shares	131,992
Weighted-Average Grant Date Fair Value Per Share (in dollars per share)
Balance at beginning of period (in dollars per share) | $ / shares	$ 24.61
Granted (in dollars per share) | $ / shares	24.13
Cancelled/Forfeited (in dollars per share) | $ / shares	24.37
Vested (in dollars per share) | $ / shares	24.52
Balance at end of period (in dollars per share) | $ / shares	$ 24.35
Restricted Stock Units | 2013 Plan
Awards/Units Outstanding (in shares)
Balance at beginning of period (in shares) | shares	53,985
Cancelled/Forfeited (in shares) | shares	(22,806)
Vested (in shares) | shares	(8,089)
Balance at end of period (in shares) | shares	23,090
Weighted-Average Grant Date Fair Value Per Share (in dollars per share)
Balance at beginning of period (in dollars per share) | $ / shares	$ 39.86
Cancelled/Forfeited (in dollars per share) | $ / shares	30.45
Vested (in dollars per share) | $ / shares	46.64
Balance at end of period (in dollars per share) | $ / shares	$ 46.69
Restricted Stock Awards | 2022 Plan
Awards/Units Outstanding (in shares)
Balance at beginning of period (in shares) | shares	30,030
Granted (in shares) | shares	12,040
Vested (in shares) | shares	(30,030)
Balance at end of period (in shares) | shares	12,040
Weighted-Average Grant Date Fair Value Per Share (in dollars per share)
Balance at beginning of period (in dollars per share) | $ / shares	$ 11.18
Granted (in dollars per share) | $ / shares	31.46
Vested (in dollars per share) | $ / shares	11.18
Balance at end of period (in dollars per share) | $ / shares	$ 31.46
Restricted Stock Awards | 2013 Plan
Awards/Units Outstanding (in shares)
Balance at beginning of period (in shares) | shares	0
Cancelled/Forfeited (in shares) | shares	0
Vested (in shares) | shares	0
Balance at end of period (in shares) | shares	0
Weighted-Average Grant Date Fair Value Per Share (in dollars per share)
Balance at beginning of period (in dollars per share) | $ / shares	$ 0
Cancelled/Forfeited (in dollars per share) | $ / shares	0
Vested (in dollars per share) | $ / shares	0
Balance at end of period (in dollars per share) | $ / shares	$ 0
Deferred Stock Units | 2022 Plan
Awards/Units Outstanding (in shares)
Balance at beginning of period (in shares) | shares	0
Granted (in shares) | shares	0
Vested (in shares) | shares	0
Balance at end of period (in shares) | shares	0
Weighted-Average Grant Date Fair Value Per Share (in dollars per share)
Balance at beginning of period (in dollars per share) | $ / shares	$ 0
Granted (in dollars per share) | $ / shares	0
Vested (in dollars per share) | $ / shares	0
Balance at end of period (in dollars per share) | $ / shares	$ 0
Deferred Stock Units | 2013 Plan
Awards/Units Outstanding (in shares)
Balance at beginning of period (in shares) | shares	0
Cancelled/Forfeited (in shares) | shares	0
Vested (in shares) | shares	0
Balance at end of period (in shares) | shares	0
Weighted-Average Grant Date Fair Value Per Share (in dollars per share)
Balance at beginning of period (in dollars per share) | $ / shares	$ 0
Cancelled/Forfeited (in dollars per share) | $ / shares	0
Vested (in dollars per share) | $ / shares	0
Balance at end of period (in dollars per share) | $ / shares	$ 0

Benefit Plans - Deferred Stock

Benefit Plans - Deferred Stock Rights (Details)	9 Months Ended
	Sep. 30, 2024 shares
Deferred Stock Rights
Outstanding, beginning of period (in shares)	28,538,000
Granted (in shares)	213,000
Outstanding, end of period (in shares)	28,751,000

Benefit Plans (Details Textual)

Benefit Plans (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	May 16, 2022
Allocated share-based compensation expense	$ 454	$ 386	$ 1,356	$ 873
Compensation cost not yet recognized	$ 100		$ 100
Period for recognition			3 months 18 days
Percentage of annual retainer received in either common stock or deferred stock rights			100%
2013 Plan
Number of shares authorized (in shares)	750,000		750,000
2022 Plan
Share-based compensation expense (less than for 2023)	$ 400	200	$ 1,100	600
Number of shares authorized (in shares)					400,000
Director
Common stock shares reserved for future grants (in shares)			180,000
2022 Plan | Restricted Stock Units
Compensation cost not yet recognized	2,400		$ 2,400
Period for recognition			1 year 9 months 18 days
Voting and Nonvoting Common Stock | Voting and Nonvoting Common Stock
Allocated share-based compensation expense	454	386	$ 1,356	873
Voting and Nonvoting Common Stock | Voting and Nonvoting Common Stock | 2013 Plan
Allocated share-based compensation expense	$ 100	$ 200	$ 200	$ 300

Commitments and Credit Risk (De

Commitments and Credit Risk (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Loan commitments	$ 707.5	$ 755.4

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Fair Value Hierarchy (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Total available-for-sale securities	$ 575,257	$ 474,855
Servicing asset	14,662	10,567
Quoted Prices in Active Markets for Identical Assets (Level 1)
Total available-for-sale securities	0	0
Servicing asset	0	0
Significant Other Observable Inputs (Level 2)
Total available-for-sale securities	575,257	474,855
Servicing asset	0	0
Significant Unobservable Inputs (Level 3)
Total available-for-sale securities	0	0
Servicing asset	14,662	10,567
U.S. Government-sponsored agencies
Total available-for-sale securities	88,316	95,177
U.S. Government-sponsored agencies | Quoted Prices in Active Markets for Identical Assets (Level 1)
Total available-for-sale securities	0	0
U.S. Government-sponsored agencies | Significant Other Observable Inputs (Level 2)
Total available-for-sale securities	88,316	95,177
U.S. Government-sponsored agencies | Significant Unobservable Inputs (Level 3)
Total available-for-sale securities	0	0
Municipal securities
Total available-for-sale securities	65,423	68,446
Municipal securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Total available-for-sale securities	0	0
Municipal securities | Significant Other Observable Inputs (Level 2)
Total available-for-sale securities	65,423	68,446
Municipal securities | Significant Unobservable Inputs (Level 3)
Total available-for-sale securities	0	0
Agency mortgage-backed securities - residential
Total available-for-sale securities	265,853	206,649
Agency mortgage-backed securities - residential | Quoted Prices in Active Markets for Identical Assets (Level 1)
Total available-for-sale securities	0	0
Agency mortgage-backed securities - residential | Significant Other Observable Inputs (Level 2)
Total available-for-sale securities		206,649
Agency mortgage-backed securities - residential | Significant Unobservable Inputs (Level 3)
Total available-for-sale securities	0	0
Agency mortgage-backed securities - commercial
Total available-for-sale securities	64,934	38,885
Agency mortgage-backed securities - commercial | Quoted Prices in Active Markets for Identical Assets (Level 1)
Total available-for-sale securities	0	0
Agency mortgage-backed securities - commercial | Significant Other Observable Inputs (Level 2)
Total available-for-sale securities	64,934	38,885
Agency mortgage-backed securities - commercial | Significant Unobservable Inputs (Level 3)
Total available-for-sale securities	0	0
Private label mortgage-backed securities - residential
Total available-for-sale securities	34,536	20,779
Private label mortgage-backed securities - residential | Quoted Prices in Active Markets for Identical Assets (Level 1)
Total available-for-sale securities	0	0
Private label mortgage-backed securities - residential | Significant Unobservable Inputs (Level 3)
Total available-for-sale securities	0	0
Asset-backed securities
Total available-for-sale securities	18,341	8,081
Asset-backed securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Total available-for-sale securities	0	0
Asset-backed securities | Significant Other Observable Inputs (Level 2)
Total available-for-sale securities	18,341	8,081
Asset-backed securities | Significant Unobservable Inputs (Level 3)
Total available-for-sale securities	0	0
Corporate securities
Total available-for-sale securities	37,854	36,838
Corporate securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Total available-for-sale securities	0	0
Corporate securities | Significant Other Observable Inputs (Level 2)
Total available-for-sale securities	37,854	36,838
Corporate securities | Significant Unobservable Inputs (Level 3)
Total available-for-sale securities	0	0
Interest rate swaps
Derivative assets	2,079	5,139
Interest rate swaps | Quoted Prices in Active Markets for Identical Assets (Level 1)
Derivative assets	0	0
Interest rate swaps | Significant Other Observable Inputs (Level 2)
Derivative assets	2,079	5,139
Interest rate swaps | Significant Unobservable Inputs (Level 3)
Derivative assets	0	0
Interest rate swaps, back-to-back
Derivative assets	700	677
Derivative liabilities	(700)	(677)
Interest rate swaps, back-to-back | Quoted Prices in Active Markets for Identical Assets (Level 1)
Derivative assets	0	0
Derivative liabilities	0	0
Interest rate swaps, back-to-back | Significant Other Observable Inputs (Level 2)
Derivative assets	700	677
Derivative liabilities	(700)	(677)
Interest rate swaps, back-to-back | Significant Unobservable Inputs (Level 3)
Derivative assets	0	0
Derivative liabilities	$ 0	$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Fair Value Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Servicing asset
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 13,009	$ 8,251	$ 10,567	$ 6,255
Additions:	2,499	1,585	6,204	3,994
Paydowns	(689)	(408)	(2,097)	(1,275)
Change in fair value	(157)	151	(12)	605
Ending balance	14,662	9,579	14,662	9,579
Interest Rate Lock Commitments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0	0	0	133
Additions:	0	0	0	0
Paydowns	0	0	0	0
Change in fair value	0	0	0	(133)
Ending balance	$ 0	$ 0	$ 0	$ 0

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Quantitative Information About Unobservable Inputs (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Servicing asset	$ 14,662	$ 10,567
Significant Unobservable Inputs (Level 3)
Servicing asset	14,662	10,567
Collateral dependent loans | Significant Unobservable Inputs (Level 3)
Collateral dependent loans	7,221	2,799
Servicing asset | Significant Unobservable Inputs (Level 3)
Servicing asset	$ 14,662	$ 10,567
Discount for type of property and current market conditions | Fair value of collateral | Collateral dependent loans | Significant Unobservable Inputs (Level 3) | Minimum
Collateral dependent loans, measurement input	0%	0%
Discount for type of property and current market conditions | Fair value of collateral | Collateral dependent loans | Significant Unobservable Inputs (Level 3) | Maximum
Collateral dependent loans, measurement input	90%	90%
Discount for type of property and current market conditions | Fair value of collateral | Collateral dependent loans | Significant Unobservable Inputs (Level 3) | Weighted-Average Range
Collateral dependent loans, measurement input	21%	28%
Prepayment speeds | Discounted cash flow | Servicing asset | Significant Unobservable Inputs (Level 3) | Minimum
Servicing asset, measurement input	0	0
Prepayment speeds | Discounted cash flow | Servicing asset | Significant Unobservable Inputs (Level 3) | Maximum
Servicing asset, measurement input	0.25	0.25
Prepayment speeds | Discounted cash flow | Servicing asset | Significant Unobservable Inputs (Level 3) | Weighted-Average Range
Servicing asset, measurement input	0.116	0.113
Discount rate | Discounted cash flow | Servicing asset | Significant Unobservable Inputs (Level 3)
Servicing asset, measurement input	0.14	0.15
Discount rate | Discounted cash flow | Servicing asset | Significant Unobservable Inputs (Level 3) | Weighted-Average Range
Servicing asset, measurement input	0.14	0.15

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Carrying Value and Estimated Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Cash and cash equivalents	$ 712,479	$ 405,898
Cash and cash equivalents, Fair Value	712,479	405,898
Securities held-to-maturity, net	263,320	227,153
Securities held-to-maturity, net, fair value	249,618	207,572
Loans held-for-sale (best efforts pricing agreements)	32,996	22,052
Loans held for sale, Fair Value	32,996	22,052
Net loans	3,990,159	3,801,446
Net loans, fair value	3,854,166	3,611,909
Accrued interest receivable	27,750	26,746
Accrued interest receivable, Fair Value	27,750	26,746
Federal Home Loan Bank of Indianapolis stock	28,350	28,350
Federal Home Loan Bank of Indianapolis stock, Fair Value	28,350	28,350
Deposits	4,797,710	4,066,973
Deposits, Fair Value	4,818,679	4,059,447
Advances from Federal Home Loan Bank	515,000	614,934
Advances from Federal Home Loan Bank, Fair Value	516,348	605,366
Subordinated debt	105,071	104,838
Subordinated debt, Fair Value	107,767	102,632
Accrued interest payable	2,808	3,848
Accrued interest payable, Fair Value	2,808	3,848
Quoted Prices in Active Markets for Identical Assets (Level 1)
Cash and cash equivalents, Fair Value	712,479	405,898
Securities held-to-maturity, net, fair value	0	0
Loans held for sale, Fair Value	0	0
Net loans, fair value	0	0
Accrued interest receivable, Fair Value	27,750	26,746
Federal Home Loan Bank of Indianapolis stock, Fair Value	0	0
Deposits, Fair Value	1,902,494	1,796,123
Advances from Federal Home Loan Bank, Fair Value	0	0
Subordinated debt, Fair Value	37,725	32,560
Accrued interest payable, Fair Value	2,808	3,848
Significant Other Observable Inputs (Level 2)
Cash and cash equivalents, Fair Value	0	0
Securities held-to-maturity, net, fair value	249,618	207,572
Loans held for sale, Fair Value	32,996	22,052
Net loans, fair value	0	0
Accrued interest receivable, Fair Value	0	0
Federal Home Loan Bank of Indianapolis stock, Fair Value	28,350	28,350
Deposits, Fair Value	0	0
Advances from Federal Home Loan Bank, Fair Value	516,348	605,366
Subordinated debt, Fair Value	70,042	70,072
Accrued interest payable, Fair Value	0	0
Significant Unobservable Inputs (Level 3)
Cash and cash equivalents, Fair Value	0	0
Securities held-to-maturity, net, fair value	0	0
Loans held for sale, Fair Value	0	0
Net loans, fair value	3,854,166	3,611,909
Accrued interest receivable, Fair Value	0	0
Federal Home Loan Bank of Indianapolis stock, Fair Value	0	0
Deposits, Fair Value	2,916,185	2,263,324
Advances from Federal Home Loan Bank, Fair Value	0	0
Subordinated debt, Fair Value	0	0
Accrued interest payable, Fair Value	$ 0	$ 0

Mortgage Banking Activities (De

Mortgage Banking Activities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Mortgage Banking [Abstract]
Loans originated for sale	$ 0	$ 0	$ 0	$ 36,300
Proceeds from sale of loans	0		0	46,500
Mortgage banking activities
Principal Transaction Revenue [Line Items]
Gain on loans sold	0	0	0	471
Loss resulting from the change in fair value of loans held-for-sale	0	0	0	(143)
Loss resulting from the change in fair value of derivatives	0	0	0	(252)
Net revenue from mortgage banking activities	$ 0	$ 0	$ 0	$ 76

Derivative Financial Instrume_3

Derivative Financial Instruments - Carrying Amount and Adjustment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amortized cost	$ 605,722	$ 513,315
Derivatives designated as hedging instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative assets	67,410	69,504
Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets	(112)	$ (1,143)
Amortized cost	$ 50,000

Derivative Financial Instrume_4

Derivative Financial Instruments - Interest Swap Derivatives (Details) $ in Thousands	1 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2021 USD ($)	Jun. 30, 2020 USD ($)	Sep. 30, 2024 USD ($) derivative	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) derivative	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value			$ 18,885		$ 18,885		$ 1,778
Fair Value			(700)		(700)		(677)
Payments for swap termination payments		$ 46,100
Cash pledged as collateral			1,600		1,600		5,200
Derivatives not designated as hedging instruments | Back to Back Swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value			18,885		18,885		1,778
Fair Value			$ (700)		$ (700)		(677)
Number of derivatives | derivative			2		2
Interest rate swaps | Derivatives designated as hedging instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value			$ 50,000		$ 50,000		$ 50,000
Weighted Average Remaining Maturity (years)					1 month 6 days		9 months 18 days
Fair Value			$ 123		$ 123		$ 1,153
Weighted-Average Rate			2.33%		2.33%		2.33%
Interest rate swaps | Derivatives designated as hedging instruments | Loans
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Weighted Average Remaining Maturity (years)					9 years 9 months 18 days
Amortization Expense			$ 1,600	$ 1,500	$ 3,700	$ 3,500
Interest rate swaps | Derivatives designated as hedging instruments | Securities available-for-sale
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value			50,000		$ 50,000		$ 50,000
Weighted Average Remaining Maturity (years)					1 month 6 days		9 months 18 days
Fair Value			$ 123		$ 123		$ 1,153
Weighted-Average Rate			2.33%		2.33%		2.33%
Payments for swap termination payments	$ 1,900
Amortization Expense			$ 100	$ 100	$ 100	$ 100
3-month SOFR | Interest rate swaps | Derivatives designated as hedging instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value			110,000		$ 110,000		$ 110,000
Weighted Average Remaining Maturity (years)					2 years 3 months 18 days		3 years 1 month 6 days
Fair Value			$ 1,956		$ 1,956		$ 3,596
Derivative, variable interest rate			2.88%		2.88%		2.88%
Fed Funds Effective | Interest rate swaps | Derivatives designated as hedging instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value							$ 40,000
Weighted Average Remaining Maturity (years)							4 months 24 days
Fair Value							$ 390
Derivative, variable interest rate							2.78%

Derivative Financial Instrume_5

Derivative Financial Instruments - Notional Amounts and Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Asset Derivatives
Notional Amount	$ 178,885	$ 201,778
Fair Value	2,779	5,816
Derivative Liability [Abstract]
Notional Value	18,885	1,778
Derivative, fair value	(700)	(677)
Derivatives designated as hedging instruments | Interest rate swaps
Derivative Liability [Abstract]
Notional Value	50,000	50,000
Derivative, fair value	123	1,153
Derivatives not designated as hedging instruments | Back to Back Swaps
Asset Derivatives
Notional Amount	18,885	1,778
Fair Value	700	677
Derivative Liability [Abstract]
Notional Value	18,885	1,778
Derivative, fair value	(700)	(677)
Loans | Derivatives designated as hedging instruments | Interest rate swaps
Asset Derivatives
Notional Amount	50,000	50,000
Fair Value	123	1,153
Securities available-for-sale | Derivatives designated as hedging instruments | Interest rate swaps
Asset Derivatives
Notional Amount	110,000	150,000
Fair Value	$ 1,956	$ 3,986

Derivative Financial Instrume_6

Derivative Financial Instruments - Gain (Loss) Recognized (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest rate swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive (Loss) Income	$ (2,670)	$ 740	$ (2,030)	$ 664
Interest rate swap agreements - liabilities (back-to-back)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain / (Loss) Recognized	0	0	0	(133)
Forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain / (Loss) Recognized	$ 0	$ 0	$ 0	$ (119)

Derivative Financial Instrume_7

Derivative Financial Instruments - Effect Of Derivatives on Income (Details) - Interest rate swaps - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Securities - non-taxable
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on the condensed consolidated statements of income	$ 421	$ 407	$ 1,250	$ 1,055
Total interest income
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on the condensed consolidated statements of income	421	407	1,250	1,055
Deposits
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on the condensed consolidated statements of income	0	(372)	(424)	(1,330)
Other borrowed funds
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on the condensed consolidated statements of income	(782)	(748)	(2,304)	(1,865)
Total interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on the condensed consolidated statements of income	(782)	(1,120)	(2,728)	(3,195)
Net interest income
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on the condensed consolidated statements of income	$ 1,203	$ 1,527	$ 3,978	$ 4,250

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	$ 371,953	$ 354,332	$ 362,795	$ 364,974
Net change in unrealized gain	7,950	(10,568)	5,965	(10,342)
Reclassification of net loss realized and included in earnings	185	173	607	537
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent	8,135	(10,395)	6,572	(9,805)
Income tax provision (benefit)	1,874	(2,384)	1,523	(2,244)
Other Comprehensive Income (Loss), Net of Tax	6,261	(8,011)	5,049	(7,561)
Balance, end of period	385,129	347,744	385,129	347,744
Reclassifications from accumulated other comprehensive loss to earnings before tax	(185)	(173)	(607)	(537)
Tax benefit	(46)	(45)	(149)	(140)
Total reclassifications from accumulated other comprehensive loss	(139)	(128)	(458)	(397)
Available-For-Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	(32,198)	(35,592)	(30,174)	(35,831)
Net change in unrealized gain	10,620	(11,308)	7,995	(11,006)
Reclassification of net loss realized and included in earnings	0	0	0	0
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent	10,620	(11,308)	7,995	(11,006)
Income tax provision (benefit)	2,442	(2,600)	1,841	(2,537)
Other Comprehensive Income (Loss), Net of Tax	8,178	(8,708)	6,154	(8,469)
Balance, end of period	(24,020)	(44,300)	(24,020)	(44,300)
Cash Flow Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	4,231	5,656	3,738	5,714
Net change in unrealized gain	(2,670)	740	(2,030)	664
Reclassification of net loss realized and included in earnings		0	0	0
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent	(2,670)	740	(2,030)	664
Income tax provision (benefit)	(614)	171	(467)	153
Other Comprehensive Income (Loss), Net of Tax	(2,056)	569	(1,563)	511
Balance, end of period	2,175	6,225	2,175	6,225
Accumulated Other Comprehensive Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	(30,587)	(33,186)	(29,375)	(33,636)
Other Comprehensive Income (Loss), Net of Tax	6,261	(8,011)	5,049	(7,561)
Balance, end of period	(24,326)	(41,197)	(24,326)	(41,197)
AOCI, Accumulated Gain (Loss), Debt Securities, Held-To-Maturity, Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	(2,620)	(3,250)	(2,939)	(3,519)
Net change in unrealized gain	0	0	0	0
Reclassification of net loss realized and included in earnings	185	173	607	537
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent	185	173	607	537
Income tax provision (benefit)	46	45	149	140
Other Comprehensive Income (Loss), Net of Tax	139	128	458	397
Balance, end of period	$ (2,481)	$ (3,122)	$ (2,481)	$ (3,122)