Bank First (BFC) 10-Q 7 Aug 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Aug. 07, 2024
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	001-38676
Entity Registrant Name	Bank First Corp
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-1435359
Entity Address, Address Line One	402 North 8th Street
Entity Address, City or Town	Manitowoc
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	54220
City Area Code	920
Local Phone Number	652-3100
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	BFC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		10,013,737
Entity Central Index Key	0001746109
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 45,549	$ 69,973
Interest-bearing deposits	53,401	177,495
Cash and cash equivalents	98,950	247,468
Securities held to maturity, at amortized cost ($109,805 and $103,626 fair value at June 30, 2024 and December 31, 2023, respectively)	110,648	103,324
Securities available for sale, at fair value ($140,845 and $154,318 amortized cost at June 30, 2024 and December 31, 2023, respectively)	127,977	142,197
Loans held for sale	2,274	3,012
Loans	3,428,635	3,342,974
Allowance for credit losses - loans ("ACL-Loans")	(45,118)	(43,609)
Loans, net	3,383,517	3,299,365
Premises and equipment, net	68,633	69,891
Goodwill	175,106	175,106
Other investments	21,256	21,366
Cash value of life insurance	60,904	61,292
Core deposit intangibles, net	24,021	26,996
Mortgage servicing rights ("MSR")	13,694	13,668
Other real estate owned ("OREO")	712	2,573
Investment in minority-owned subsidiaries	34,218	32,926
Other assets	23,910	22,658
TOTAL ASSETS	4,145,820	4,221,842
Deposits:
Interest-bearing deposits	2,424,096	2,382,185
Noninterest-bearing deposits	975,845	1,050,735
Total deposits	3,399,941	3,432,920
Securities sold under repurchase agreements		75,747
Notes payable	90,321	35,270
Subordinated notes	12,000	12,000
Junior subordinated debenture		4,124
Other liabilities	28,979	41,983
Total liabilities	3,531,241	3,602,044
Stockholders' equity:
Serial preferred stock - $0.01 par value; Authorized - 5,000,000 shares
Common stock - $0.01 par value; Authorized - 20,000,000 shares; Issued - 11,515,130 shares as of June 30, 2024 and December 31, 2023; Outstanding - 10,031,350 and 10,365,131 shares as of June 30, 2024 and December 31, 2023, respectively	115	115
Additional paid-in capital	332,763	333,815
Retained earnings	372,420	348,001
Treasury stock, at cost - 1,483,780 and 1,149,999 shares as of June 30, 2024 and December 31, 2023, respectively	(81,348)	(53,387)
Accumulated other comprehensive loss	(9,371)	(8,746)
Total stockholders' equity	614,579	619,798
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 4,145,820	$ 4,221,842

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Consolidated Balance Sheets
Securities held to maturity, fair value	$ 109,805	$ 103,626
Securities available for sale, amortized cost	$ 140,845	$ 154,318
Serial preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Serial preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	11,515,130	11,515,130
Common stock, shares outstanding	10,031,350	10,365,131
Treasury stock, shares	1,483,780	1,149,999

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest income:
Loans, including fees	$ 46,349	$ 42,665	$ 91,225	$ 80,756
Securities:
Taxable	2,262	1,946	5,149	4,021
Tax-exempt	241	243	485	546
Other	495	1,075	1,760	1,508
Total interest income	49,347	45,929	98,619	86,831
Interest expense:
Deposits	15,794	10,084	31,187	17,534
Securities sold under repurchase agreements		570	22	1,131
Borrowed funds	546	1,003	1,054	1,660
Total interest expense	16,340	11,657	32,263	20,325
Net interest income	33,007	34,272	66,356	66,506
Provision for credit losses			200	4,182
Net interest income after provision for credit losses	33,007	34,272	66,156	62,324
Noninterest income:
Service charges	2,101	1,766	3,735	3,365
Income from Ansay	1,379	950	2,358	2,021
Income from UFS, LLC ("UFS")		770		1,660
Loan servicing income	735	749	1,461	1,385
Valuation adjustment on MSR	339	(548)	27	231
Net gain on sales of mortgage loans	277	236	496	376
Other	1,046	631	2,197	1,365
Total noninterest income	5,877	4,554	10,274	10,403
Noninterest expense:
Salaries, commissions, and employee benefits	10,004	9,870	20,897	19,782
Occupancy	1,330	1,317	2,914	2,908
Data processing	2,114	2,094	4,503	3,958
Postage, stationery, and supplies	205	224	443	604
Net (gain) loss on sales and valuations of OREO	(461)	489	(508)	489
Net loss on sale of securities			34	75
Advertising	79	85	174	166
Charitable contributions	234	228	410	451
Outside service fees	1,889	1,347	3,182	3,549
Amortization of intangibles	1,475	1,672	2,975	3,094
Other	2,188	2,620	4,357	4,534
Total noninterest expense	19,057	19,946	39,381	39,610
Income before provision for income taxes	19,827	18,880	37,049	33,117
Provision for income taxes	3,768	4,748	5,578	8,305
Net Income	$ 16,059	$ 14,132	$ 31,471	$ 24,812
Earnings per share - basic	$ 1.59	$ 1.37	$ 3.10	$ 2.46
Earnings per share - diluted	$ 1.59	$ 1.37	$ 3.10	$ 2.46

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Consolidated Statements of Comprehensive Income
Net Income	$ 16,059	$ 14,132	$ 31,471	$ 24,812
Unrealized gains (losses) on available for sale securities:
Unrealized holding gains (losses) arising during period	71	(2,441)	(781)	785
Amortization of unrealized holding gains on securities transferred from available for sale to held to maturity			(1)
Reclassification adjustment for losses included in net income			34	75
Income tax benefit (expense)	(31)	659	123	(232)
Total other comprehensive income (loss)	40	(1,782)	(625)	628
Comprehensive income	$ 16,099	$ 12,350	$ 30,846	$ 25,440

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Retained Earnings Adoption of new accounting pronouncement	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)	Adoption of new accounting pronouncement	Total
Beginning balance at Dec. 31, 2022	$ 101	$ 218,263		$ 295,496	$ (45,191)	$ (15,566)		$ 453,103
Net Income				10,680				10,680
Other comprehensive income (loss)						2,410		2,410
Purchase of treasury stock					(6,727)			(6,727)
Sale of treasury stock					37			37
Cash dividends				(2,616)				(2,616)
Amortization of stock-based compensation		456						456
Vesting of restricted stock awards		(1,585)			1,585
Shares issued in the acquisition	14	115,065						115,079
Ending balance at Mar. 31, 2023	115	332,199	$ (10,050)	293,510	(50,296)	(13,156)	$ (10,050)	562,372
Beginning balance at Dec. 31, 2022	101	218,263		295,496	(45,191)	(15,566)		453,103
Net Income								24,812
Ending balance at Jun. 30, 2023	115	332,718		304,525	(51,548)	(14,938)		570,872
Beginning balance at Mar. 31, 2023	115	332,199	$ (10,050)	293,510	(50,296)	(13,156)	$ (10,050)	562,372
Net Income				14,132				14,132
Other comprehensive income (loss)						(1,782)		(1,782)
Purchase of treasury stock					(1,341)			(1,341)
Sale of treasury stock					44			44
Cash dividends				(3,117)				(3,117)
Amortization of stock-based compensation		564						564
Vesting of restricted stock awards		(45)			45
Ending balance at Jun. 30, 2023	115	332,718		304,525	(51,548)	(14,938)		570,872
Beginning balance at Dec. 31, 2023	115	333,815		348,001	(53,387)	(8,746)		619,798
Net Income				15,412				15,412
Other comprehensive income (loss)						(665)		(665)
Purchase of treasury stock					(22,283)			(22,283)
Sale of treasury stock					55			55
Cash dividends				(3,541)				(3,541)
Amortization of stock-based compensation		554						554
Vesting of restricted stock awards		(2,145)			2,145
Ending balance at Mar. 31, 2024	115	332,224		359,872	(73,470)	(9,411)		609,330
Beginning balance at Dec. 31, 2023	115	333,815		348,001	(53,387)	(8,746)		619,798
Net Income								31,471
Ending balance at Jun. 30, 2024	115	332,763		372,420	(81,348)	(9,371)		614,579
Beginning balance at Mar. 31, 2024	115	332,224		359,872	(73,470)	(9,411)		609,330
Net Income				16,059				16,059
Other comprehensive income (loss)						40		40
Purchase of treasury stock					(7,943)			(7,943)
Sale of treasury stock					65			65
Cash dividends				(3,511)				(3,511)
Amortization of stock-based compensation		539						539
Ending balance at Jun. 30, 2024	$ 115	$ 332,763		$ 372,420	$ (81,348)	$ (9,371)		$ 614,579

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023
Cash dividends, per share	$ 0.35	$ 0.35	$ 0.30	$ 0.25
Hometown Bancorp, Ltd.
Shares issued in the acquisition (in shares)				1,450,272

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Cash flows from operating activities:
Net income			$ 31,471	$ 24,812
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses			200	4,182	$ 4,682
Depreciation and amortization of premises and equipment			1,122	1,017
Amortization of intangibles	1,475	1,672	2,975	3,094
Net amortization (accretion) of securities			(1,849)	(1,017)
Amortization of stock-based compensation			1,093	1,020
Accretion of purchase accounting valuations			(2,357)	(4,380)
Net change in deferred loan fees and costs			(106)	(1,159)
Change in fair value of MSR and other investments			84	(358)
Loss (gain) from sale and disposal of premises and equipment and valuation allowance			174
Net loss (gain) on sale of OREO and valuation allowance	(461)	489	(508)	489
Proceeds from sales of mortgage loans			43,345	33,531
Originations of mortgage loans held for sale			(42,111)	(34,067)
Gain on sales of mortgage loans	(277)	(236)	(496)	(376)
Realized loss on sale of securities			34	75
Net earnings on life insurance			(817)	(731)
Decrease (increase) in other assets			(1,129)	(2,617)
Increase (decrease) in other liabilities			(12,504)	(4,671)
Net cash provided by operating activities			16,263	15,163
Cash flows from investing activities, net of effects of business combination:
Activity in securities available for sale and held to maturity: Sales			10,206	34,197
Activity in securities available for sale and held to maturity: Maturities, prepayments, and calls			91,444	116,568
Activity in securities available for sale and held to maturity: Purchases			(93,687)
Net increase in loans			(82,384)	(12,437)
Proceeds from sale of OREO			1,936	1,485
Net sales of Federal Home Loan Bank ("FHLB") stock				262
Net purchases of Federal Reserve Bank ("FRB") stock				(3,970)
Proceeds from life insurance			1,205
Proceeds from sale of premises and equipment			2,380
Purchases of premises and equipment			(1,985)	(6,752)
Net cash received in business combination				89,959
Net cash provided by (used in) investing activities			(69,819)	221,759
Cash flows from financing activities, net of effects of business combination:
Net increase (decrease) in deposits			(32,933)	(187,026)
Net increase (decrease) in securities sold under repurchase agreements			(75,747)	(73,394)
Proceeds from advances of notes payable			102,000	121,700
Repayment of notes payable			(47,000)	(92,507)
Repayment of junior subordinated debentures			(4,124)
Dividends paid			(7,052)	(5,733)
Proceeds from sales of common stock			120	81
Repurchase of common stock			(30,226)	(8,068)
Net cash provided by (used in) financing activities			(94,962)	(244,947)
Net decrease in cash and cash equivalents			(148,518)	(8,025)
Cash and cash equivalents at beginning of period			247,468	119,351	119,351
Cash and cash equivalents at end of period	$ 98,950	111,326	98,950	111,326	$ 247,468
Cash paid during the period for:
Interest			30,608	17,546
Income taxes			6,286	8,606
Supplemental schedule of noncash activities:
MSR resulting from sale of loans			488	389
Change in unrealized gains and losses on investment securities available for sale, net of tax			(625)	628
Hometown
Acquisition:
Fair value of assets acquired		615,105		615,105
Fair value of liabilities assumed		549,564		549,564
Net assets acquired		65,541		65,541
Common stock issued in acquisition		$ 115,079		115,079
Joint Venture | UFS
Adjustments to reconcile net income to net cash provided by operating activities:
Undistributed income of joint venture				(1,660)
Cash flows from investing activities, net of effects of business combination:
Dividends received				1,457
Joint Venture | Ansay
Adjustments to reconcile net income to net cash provided by operating activities:
Undistributed income of joint venture			(2,358)	(2,021)
Cash flows from investing activities, net of effects of business combination:
Dividends received			$ 1,066	$ 990

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2024
BASIS OF PRESENTATION
BASIS OF PRESENTATION	NOTE 1 – BASIS OF PRESENTATION Bank First Corporation (the “Company”) provides a variety of financial services to individual and corporate customers through its wholly-owned subsidiary, Bank First, N.A. (the “Bank”). The Bank operates as a full-service financial institution with a primary market area including, but not limited to, the counties in which the Bank’s branches are located. The Bank has twenty-six locations located in Manitowoc, Outagamie, Brown, Winnebago, Sheboygan, Shawano, Waupaca, Ozaukee, Monroe, Fond du Lac, Waushara, Dane, Columbia and Jefferson counties in Wisconsin. The Company and Bank are subject to the regulations of certain federal agencies and undergo periodic examinations by those regulatory authorities. These interim unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain information and footnote disclosures required by GAAP have been omitted or abbreviated. These unaudited consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (“Annual Report”). The unaudited consolidated financial statements include all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods. The results for interim periods are not necessarily indicative of results for a full year. Critical Accounting Policies and Estimates The accounting and reporting policies of the Company conform to GAAP in the United States and general practices within the financial institution industry. To prepare financial statements in conformity with GAAP, management makes estimates, assumptions and judgments based on available information. These estimates, assumptions and judgments are based on information available as of the date of the financial statements and, as this information changes, actual results could differ from the estimates, assumptions and judgments reflected in the financial statement. As disclosed in the Company’s Annual Report, management has identified several accounting policies that, due to the estimates, assumptions and judgments inherent in those policies, are critical in understanding our financial statements. These include accounting for business combinations (primarily related to core deposit intangibles and acquired loans), accounting for the ACL-Loans, and the valuation and recording of deferred tax assets and liabilities. ​ There have been no material changes or developments with respect to the assumptions or methodologies that the Company uses when applying what management believes are critical accounting policies and developing critical accounting estimates as previously disclosed in the Company’s Annual Report. Recently Issued Not Yet Effective Accounting Standards In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. Reference rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jun. 30, 2024
ACQUISITIONS
ACQUISITIONS	NOTE 2 – ACQUISITIONS On February 10, 2023, the Company completed a merger with Hometown Bancorp, Ltd. (“Hometown”), a bank holding company headquartered in Fond du Lac, Wisconsin, pursuant to the Agreement and Plan of Bank Merger (“Merger Agreement”), dated as of July 25, 2022 by and among the Company and Hometown, whereby Hometown merged with and into the Company, and Hometown Bank, Hometown’s wholly-owned banking subsidiary, merged with and into the Bank. Hometown’s principal activity was the ownership and operation of Hometown Bank, a state-chartered banking institution that operated ten (10) branches in Wisconsin at the time of closing. The merger consideration totaled approximately $130.5 million. Pursuant to the terms of the Merger Agreement, Hometown shareholders could elect to receive either 0.3962 shares of the Company’s common stock or $29.16 in cash for each outstanding share of Hometown common stock, subject to a maximum of 30% cash consideration in total, with cash paid in lieu of any remaining fractional share. Company stock issued totaled 1,450,272 shares valued at approximately $115.1 million, with cash of $15.4 million comprising the remainder of merger consideration. The fair value of the assets acquired and liabilities assumed on February 10, 2023 was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As Recorded by Fair Value ​ As Recorded by ​ ​ Hometown Adjustments the Company Cash, cash equivalents and securities ​ $ 174,582 ​ $ (1,010) ​ $ 173,572 Other investments ​ 1,195 ​ — ​ ​ 1,195 Loans, net ​ 406,168 ​ (10,367) ​ ​ 395,801 Premises and equipment, net ​ 7,577 ​ (1,109) ​ ​ 6,468 Core deposit intangible ​ 405 ​ 16,085 ​ ​ 16,490 Other assets ​ 28,011 ​ (6,432) ​ ​ 21,579 Total assets acquired ​ $ 617,938 ​ $ (2,833) ​ $ 615,105 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ $ 532,165 ​ $ 209 ​ $ 532,374 Other borrowings ​ 5,000 ​ (331) ​ 4,669 Junior subordinated debentures ​ ​ 12,372 ​ ​ (1,464) ​ ​ 10,908 Other liabilities ​ 469 ​ 1,144 ​ 1,613 Total liabilities assumed ​ $ 550,006 ​ $ (442) ​ $ 549,564 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Excess of assets acquired over liabilities assumed ​ $ 67,932 ​ $ (2,391) ​ $ 65,541 Less: purchase price ​ ​ ​ 130,452 Goodwill ​ ​ ​ ​ ​ ​ ​ ​ 64,911 Refinement to fair value estimates (1) ​ ​ ​ ​ ​ ​ ​ ​ (30) Goodwill (after refinement) ​ ​ ​ $ 64,881 (1) Refinement consists of adjustments to the initial fair value estimates of other assets and liabilities. ​ The Company purchased loans through the acquisition of Hometown for which there was, at the date of acquisition, more than insignificant deterioration of credit quality since origination (PCD Loans). The carrying amount of these loans at acquisition was as follows: ​ ​ ​ ​ ​ ​ February 10, 2023 Purchase price of PCD loans at acquisition ​ $ 25,778 Non-credit discount on PCD loans at acquisition ​ ​ 4,498 Allowance for credit losses on PCD loans at acquisition ​ ​ 5,534 Par value of PCD acquired loans at acquisition ​ $ 35,810 ​ The Company accounted for this transaction under the acquisition method of accounting, and thus, the financial position and results of operations of Hometown prior to the consummation date was not included in the accompanying consolidated financial statements. The accounting required assets purchased and liabilities assumed to be recorded at their respective fair values at the date of acquisition. The Company determined the fair value of core deposit intangibles, securities, premises and equipment, loans, other assets and liabilities and deposits with the assistance of third-party valuations, appraisals and third-party advisors. The estimated fair values were subject to refinement for up to one year after deal consummation as additional information became available relative to the closing date fair values. For more information concerning the Company’s acquisitions, see “Note 2 – Acquisition” in the Company’s audited consolidated financial statements included in the Company’s Annual Report.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2024
EARNINGS PER SHARE
EARNINGS PER SHARE	​ NOTE 3 – EARNINGS PER SHARE The two-class method is used in the calculation of basic and diluted earnings per share. Under the two-class method, earnings available to common shareholders for the period are allocated between common shareholders and participating securities according to dividends declared (or accumulated) and participation rights in undistributed earnings. There were no anti-dilutive stock options for the six months ended June 30, 2024 or 2023. The following table presents the factors used in the earnings per share computations for the period indicated: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2024 2023 2024 2023 Basic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income available to common shareholders ​ $ 16,059 ​ $ 14,132 ​ $ 31,471 ​ $ 24,812 Less: Earnings allocated to participating securities ​ ​ (84) ​ ​ (80) ​ ​ (169) ​ ​ (144) Net income allocated to common shareholders ​ $ 15,975 ​ $ 14,052 ​ $ 31,302 ​ $ 24,668 ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average common shares outstanding including participating securities ​ ​ 10,078,611 ​ ​ 10,389,790 ​ ​ 10,155,979 ​ ​ 10,083,026 Less: Participating securities (1) ​ ​ (52,634) ​ ​ (58,065) ​ ​ (54,488) ​ ​ (58,467) Average shares ​ ​ 10,025,977 ​ ​ 10,331,725 ​ ​ 10,101,491 ​ ​ 10,024,559 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per common shares ​ $ 1.59 ​ $ 1.37 ​ $ 3.10 ​ $ 2.46 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income available to common shareholders ​ $ 16,059 ​ $ 14,132 ​ $ 31,471 ​ $ 24,812 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average common shares outstanding for basic earnings per common share ​ ​ 10,025,977 ​ ​ 10,331,725 ​ ​ 10,101,491 ​ ​ 10,024,559 Add: Dilutive effects of stock based compensation awards ​ ​ 13,885 ​ ​ 14,850 ​ ​ 21,073 ​ ​ 22,728 Average shares and dilutive potential common shares ​ ​ 10,039,862 ​ ​ 10,346,575 ​ ​ 10,122,564 ​ ​ 10,047,287 Diluted earnings per common share ​ $ 1.59 ​ $ 1.37 ​ $ 3.10 ​ $ 2.46 (1) Participating securities are restricted stock awards whereby the stock certificates have been issued, are included in outstanding shares, receive dividends and can be voted, but have not vested.

SECURITIES

SECURITIES	6 Months Ended
	Jun. 30, 2024
SECURITIES
SECURITIES	NOTE 4 – SECURITIES The following is a summary of available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Estimated ​ ​ ​ Cost ​ Gains ​ Losses ​ Fair Value ​ June 30, 2024 ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies ​ $ 30,070 ​ $ — ​ $ (3,215) ​ $ 26,855 ​ Obligations of states and political subdivisions ​ ​ 63,007 ​ ​ 9 ​ ​ (6,230) ​ ​ 56,786 ​ Mortgage-backed securities ​ ​ 32,103 ​ ​ 2 ​ ​ (1,884) ​ ​ 30,221 ​ Corporate notes ​ 15,665 ​ — ​ (1,550) ​ 14,115 ​ Total available for sale securities ​ $ 140,845 ​ $ 11 ​ $ (12,879) ​ $ 127,977 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies ​ $ 31,453 ​ $ 4 ​ $ (3,163) ​ $ 28,294 ​ Obligations of states and political subdivisions ​ ​ 63,929 ​ ​ 77 ​ ​ (5,760) ​ ​ 58,246 ​ Mortgage-backed securities ​ 37,789 ​ 5 ​ (1,664) ​ 36,130 ​ Corporate notes ​ 20,657 ​ — ​ (1,619) ​ 19,038 ​ Certificates of deposit ​ ​ 490 ​ ​ — ​ ​ (1) ​ ​ 489 ​ Total available for sale securities ​ $ 154,318 ​ $ 86 ​ $ (12,207) ​ $ 142,197 ​ ​ The following is a summary of held to maturity securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Estimated ​ ​ Cost ​ Gains ​ Losses ​ Fair Value June 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 107,452 ​ $ 628 ​ $ (1,471) ​ $ 106,609 Obligations of states and political subdivisions ​ ​ 3,196 ​ ​ — ​ ​ — ​ ​ 3,196 Total held to maturity securities ​ $ 110,648 ​ $ 628 ​ $ (1,471) ​ $ 109,805 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ ​ ​ ​ U.S. Treasury securities ​ $ 99,173 ​ $ 1,372 ​ $ (1,070) ​ $ 99,475 Obligations of states and political subdivisions ​ ​ 4,151 ​ ​ — ​ ​ — ​ ​ 4,151 Total held to maturity securities ​ $ 103,324 ​ $ 1,372 ​ $ (1,070) ​ $ 103,626 ​ The following table shows the fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less Than 12 Months ​ Greater Than 12 Months ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number ​ Fair Unrealized Fair Unrealized Fair ​ Unrealized ​ of ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses ​ Securities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2024 - Available for Sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies $ 2,214 ​ $ (21) ​ $ 24,641 ​ $ (3,194) ​ $ 26,855 ​ $ (3,215) ​ 27 Obligations of states and political subdivisions ​ 7,601 ​ ​ (99) ​ ​ 46,195 ​ ​ (6,131) ​ ​ 53,796 ​ ​ (6,230) ​ 73 Mortgage-backed securities 1,844 ​ (42) ​ 28,147 ​ (1,842) ​ 29,991 ​ (1,884) 102 Corporate notes — ​ — ​ 12,980 ​ (1,550) ​ 12,980 ​ (1,550) 9 Totals $ 11,659 ​ $ (162) ​ $ 111,963 ​ $ (12,717) ​ $ 123,622 ​ $ (12,879) 211 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2024 - Held to Maturity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities $ 22,932 ​ $ (231) ​ $ 60,789 ​ $ (1,240) ​ $ 83,721 ​ $ (1,471) ​ 51 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 - Available for Sale ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies $ 6,519 ​ $ (173) ​ $ 19,519 ​ $ (2,990) ​ $ 26,038 ​ $ (3,163) ​ 24 Obligations of states and political subdivisions ​ 6,806 ​ ​ (71) ​ ​ 40,959 ​ ​ (5,689) ​ ​ 47,765 ​ ​ (5,760) ​ 65 Mortgage-backed securities 5,751 ​ (95) ​ 28,693 ​ (1,569) ​ 34,444 ​ (1,664) 104 Corporate notes 4,926 ​ (68) ​ 12,487 ​ (1,551) ​ 17,413 ​ (1,619) 9 Certificate of deposits ​ — ​ ​ — ​ ​ 489 ​ ​ (1) ​ ​ 489 ​ ​ (1) ​ 2 Totals $ 24,002 ​ $ (407) ​ $ 102,147 ​ $ (11,800) ​ $ 126,149 ​ $ (12,207) ​ 204 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 - Held to Maturity ​ ​ ​ ​ ​ U.S. Treasury securities $ 31,785 ​ $ (99) ​ $ 35,362 ​ $ (971) ​ $ 67,147 ​ $ (1,070) ​ 49 Obligations of states and political subdivisions — ​ — ​ 220 ​ — ​ 220 ​ — ​ 1 Totals $ 31,785 ​ $ (99) ​ $ 35,582 ​ $ (971) ​ $ 67,367 ​ $ (1,070) ​ 50 ​ As of June 30, 2024, no allowance for credit losses has been recognized on available for sale securities in an unrealized loss position as the Company does not believe any of the debt securities are credit impaired. This is based on the Company’s analysis of the risk characteristics, including credit ratings, and other qualitative factors related to these securities. The issuers of these securities continue to make timely principal and interest payments under the contractual terms of the securities. As of June 30, 2024, the Company did not intend to sell these securities and it was more likely than not that the Company would not be required to sell the debt securities before recovery of their amortized cost, which may be at maturity. The unrealized losses have occurred as a result of changes in interest rates, market spreads and market conditions subsequent to purchase, not credit deterioration. Furthermore, based on its analysis the Company has determined that held to maturity securities have zero expected credit losses. U.S. Treasury securities have the full faith and credit backing of the United States Government. The following is a summary of amortized cost and estimated fair value of securities by contractual maturity as of June 30, 2024. Contractual maturities will differ from expected maturities for mortgage-backed securities because borrowers may have the right to call or prepay obligations without penalties. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available for Sale ​ Held to Maturity ​ Amortized Estimated Amortized Estimated ​ ​ Cost ​ Fair Value ​ Cost ​ Fair Value Due in one year or less ​ $ 2,815 ​ $ 2,808 ​ $ 21,562 ​ $ 21,392 Due after one year through 5 years ​ 16,425 ​ 16,042 ​ ​ 53,071 ​ ​ 52,035 Due after 5 years through 10 years ​ 39,428 ​ 35,657 ​ ​ 36,015 ​ ​ 36,378 Due after 10 years ​ 50,074 ​ 43,249 ​ ​ — ​ ​ — Subtotal ​ 108,742 ​ 97,756 ​ ​ 110,648 ​ ​ 109,805 Mortgage-backed securities ​ 32,103 ​ 30,221 ​ ​ — ​ ​ — Total ​ $ 140,845 ​ $ 127,977 ​ $ 110,648 ​ $ 109,805 ​ As of June 30, 2024 and December 31, 2023, the carrying values of securities pledged to secure public deposits, securities sold under repurchase agreements, and for other purposes required or permitted by law were approximately $160.4 million and $204.8 million, respectively. ​ There were no sales of securities available for sale during the three months ended June 30, 2024 or 2023. Sales of securities available for sale produced $10.2 million in proceeds with immaterial gross losses for the six months ended June 30, 2024. Sales of securities available for sale produced $34.2 million in proceeds, $0.1 million in gross gains and $0.2 million in gross losses for the six months ended June 30, 2023.

LOANS, ALLOWANCE FOR CREDIT LOS

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY	6 Months Ended
	Jun. 30, 2024
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY	NOTE 5 – LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY The following table presents total loans by portfolio segment and class of loan as of June 30, 2024 and December 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2024 2023 Commercial/industrial ​ $ 507,895 ​ $ 488,498 Commercial real estate - owner occupied ​ 921,204 ​ 893,977 Commercial real estate - non-owner occupied ​ 472,392 ​ 473,829 Multi-family ​ ​ 333,660 ​ ​ 332,959 Construction and development ​ 230,791 ​ 201,823 Residential 1‑4 family ​ 896,957 ​ 888,412 Consumer ​ 52,946 ​ 50,741 Other ​ 14,795 ​ 14,980 Subtotals ​ 3,430,640 ​ 3,345,219 ACL - Loans ​ (45,118) ​ (43,609) Loans, net of ACL - Loans ​ 3,385,522 ​ 3,301,610 Deferred loan fees, net ​ (2,005) ​ (2,245) Loans, net ​ $ 3,383,517 ​ $ 3,299,365 ​ The ACL - Loans is based on the Company’s evaluation of historical default and loss experience, current and projected economic conditions, asset quality trends, known and inherent risks in the portfolio, adverse situations that may affect the borrowers’ ability to repay a loan, the estimated value of any underlying collateral, composition of the loan portfolio and other relevant factors. More information regarding the Company’s methodology related to the ACL-Loans can be found in the Company’s Annual Report. ​ The Company utilized the high-end range of the Federal Reserve Bank Open Market Committee forecast for national unemployment and the low-end range for national GDP growth at June 30, 2024 and December 31, 2023. As of June 30, 2024, the Company anticipates the national unemployment rate to rise during the forecast period and the national GDP growth rate to decline. Due to recent volatility in forecasts, the Company utilized long-term averages for the remaining loss drivers. ​ A roll forward of the ACL-Loans is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Six Months Ended ​ Year Ended ​ ​ June 30, 2024 ​ June 30, 2023 ​ June 30, 2024 ​ June 30, 2023 ​ December 31, 2023 ​ Beginning Balance $ 44,378 ​ $ 43,316 ​ $ 43,609 ​ $ 22,680 ​ $ 22,680 ​ Adoption of ASU 2016-13 ​ - ​ ​ - ​ ​ - ​ ​ 10,972 ​ ​ 10,972 ​ ACL on PCD loans acquired ​ - ​ ​ - ​ ​ - ​ ​ 5,534 ​ ​ 5,534 ​ Provision for credit losses ​ 500 ​ ​ - ​ ​ 700 ​ ​ 4,092 ​ ​ 4,292 ​ Charge-offs ​ (25) ​ ​ (46) ​ ​ (77) ​ ​ (55) ​ ​ (88) ​ Recoveries ​ 265 ​ ​ 139 ​ ​ 886 ​ ​ 186 ​ ​ 219 ​ Net recoveries ​ 240 ​ ​ 93 ​ ​ 809 ​ ​ 131 ​ ​ 131 ​ Ending Balance $ 45,118 ​ $ 43,409 ​ $ 45,118 ​ $ 43,409 ​ $ 43,609 ​ ​ ​ A summary of the activity in the ACL - Loans by loan type for the six months ended June 30, 2024 is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real Estate - ​ Real Estate  - ​ ​ ​ ​ Construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial / ​ Owner ​ Non - Owner ​ Multi- ​ and ​ Residential ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Occupied ​ Occupied ​ Family ​ Development ​ 1-4 Family ​ Consumer ​ Other ​ Total ACL - Loans - January 1, 2024 ​ $ 5,965 ​ $ 12,285 ​ $ 5,700 ​ $ 4,754 ​ $ 3,597 ​ $ 10,620 ​ $ 615 ​ $ 73 ​ $ 43,609 Charge-offs ​ (17) ​ ​ (1) ​ ​ — ​ ​ — ​ — ​ (1) ​ (6) ​ (52) ​ (77) Recoveries ​ 2 ​ ​ 861 ​ ​ — ​ ​ — ​ — ​ 6 ​ 2 ​ 15 ​ 886 Provision ​ (195) ​ ​ 193 ​ ​ (61) ​ ​ (84) ​ 572 ​ 184 ​ (1) ​ 92 ​ 700 ACL - Loans - June 30, 2024 ​ $ 5,755 ​ $ 13,338 ​ $ 5,639 ​ $ 4,670 ​ $ 4,169 ​ $ 10,809 ​ $ 610 ​ $ 128 ​ $ 45,118 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ A summary of the activity in the ACL – Loans by loan type for the six months ended June 30, 2023 is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial Commercial ​ ​ ​ ​ ​ Real Estate - ​ Real Estate - ​ ​ ​ ​ Construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial / ​ Owner ​ Non - Owner ​ Multi- ​ and ​ Residential ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Occupied ​ Occupied ​ Family ​ Development ​ 1-4 Family ​ Consumer ​ Other ​ Total ACL - Loans - January 1, 2023 ​ $ 4,071 ​ $ 5,204 ​ $ 2,644 ​ $ 2,761 ​ $ 1,592 ​ $ 5,944 ​ $ 314 ​ $ 150 ​ $ 22,680 Adoption of ASU 2016-13 ​ ​ 1,859 ​ ​ 1,982 ​ ​ 1,161 ​ ​ 753 ​ ​ 2,063 ​ ​ 2,567 ​ ​ 620 ​ ​ (33) ​ ​ 10,972 ACL - Loans on PCD loans acquired ​ ​ 1,082 ​ ​ 4,424 ​ ​ — ​ ​ — ​ ​ — ​ ​ 28 ​ ​ — ​ ​ — ​ ​ 5,534 Charge-offs ​ — ​ ​ — ​ ​ — ​ ​ — ​ — ​ — ​ — ​ (55) ​ (55) Recoveries ​ 3 ​ ​ 70 ​ ​ — ​ ​ — ​ — ​ 102 ​ 3 ​ 8 ​ 186 Provision ​ 135 ​ ​ 1,171 ​ ​ 929 ​ ​ 151 ​ (417) ​ 2,004 ​ 76 ​ 43 ​ 4,092 ACL - Loans - June 30, 2023 ​ $ 7,150 ​ $ 12,851 ​ $ 4,734 ​ $ 3,665 ​ $ 3,238 ​ $ 10,645 ​ $ 1,013 ​ $ 113 ​ $ 43,409 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ In addition to the ACL-Loans, the Company has established an allowance for credit losses on unfunded commitments (“ACL-Unfunded Commitments”), classified in other liabilities on the consolidated balance sheets. This allowance is maintained to absorb losses arising from unfunded loan commitments, and is determined quarterly based on methodology similar to the methodology for determining the ACL-Loans. The ACL - Unfunded Commitments was $3.3 million and $3.8 million at June 30, 2024 and December 31, 2023, respectively. See Note 10 for further information on commitments. ​ The provision for credit losses is determined by the Company as the amount to be added to the ACL loss accounts for various types of financial instruments including loans, investment securities, and off-balance sheet credit exposures after net charge-offs have been deducted to bring the ACL to a level that, in management’s judgment, is necessary to absorb expected credit losses over the lives of the respective financial instruments. The following table presents the components of the provision for credit losses. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Six Months Ended ​ Year Ended ​ ​ June 30, 2024 ​ June 30, 2023 ​ June 30, 2024 ​ June 30, 2023 ​ December 31, 2023 Provision for credit losses on: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ $ 500 ​ $ — ​ $ 700 ​ $ 4,092 ​ $ 4,292 Unfunded Commitments ​ ​ (500) ​ ​ 90 ​ ​ (500) ​ ​ 90 ​ ​ 390 Total provision for credit losses ​ $ — ​ $ — ​ $ 200 ​ $ 4,182 ​ $ 4,682 ​ The Company’s past due and non-accrual loans as of June 30, 2024 is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 90 Days ​ ​ ​ ​ ​ Non-Accrual ​ ​ 30-89 Days ​ or more ​ ​ ​ ​ ​ ​ ​ with no ​ ​ Past Due ​ Past Due ​ Non- ​ ​ ​ ​ specifically ​ ​ Accruing ​ and Accruing ​ Accrual ​ Total ​ allocated ACL Commercial/industrial ​ $ 2 ​ $ 15 ​ $ 4,301 ​ $ 4,318 ​ $ 19 Commercial real estate - owner occupied ​ — ​ 2,477 ​ 2,754 ​ 5,231 ​ 13 Commercial real estate - non-owner occupied ​ 80 ​ — ​ — ​ 80 ​ — Multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Construction and development ​ — ​ — ​ — ​ — ​ — Residential 1‑4 family ​ 528 ​ 874 ​ 218 ​ 1,620 ​ 218 Consumer ​ 96 ​ 19 ​ 10 ​ 125 ​ 10 Other ​ — ​ — ​ — ​ — ​ — ​ ​ $ 706 ​ $ 3,385 ​ $ 7,283 ​ $ 11,374 ​ $ 260 ​ The Company’s past due and non-accrual loans as of December 31, 2023 is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 90 Days ​ ​ ​ ​ ​ Non-Accrual ​ ​ 30-89 Days ​ or more ​ ​ ​ ​ ​ ​ ​ with no ​ ​ Past Due ​ Past Due ​ Non- ​ ​ ​ ​ specifically ​ ​ Accruing ​ and Accruing ​ Accrual ​ Total ​ allocated ACL Commercial/industrial ​ $ 4,303 ​ $ 106 ​ $ 1,344 ​ $ 5,753 ​ $ 365 Commercial real estate - owner occupied ​ 180 ​ 252 ​ 3,877 ​ 4,309 ​ 343 Commercial real estate - non-owner occupied ​ 14 ​ — ​ — ​ 14 ​ — Multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Construction and development ​ — ​ — ​ — ​ — ​ — Residential 1‑4 family ​ 871 ​ 507 ​ 429 ​ 1,807 ​ 394 Consumer ​ 68 ​ 28 ​ 12 ​ 108 ​ 11 Other ​ — ​ — ​ — ​ — ​ — ​ ​ $ 5,436 ​ $ 893 ​ $ 5,662 ​ $ 11,991 ​ $ 1,113 ​ Interest recognized on non-accrual loans is considered immaterial to the consolidated financial statements for the six months ended June 30, 2024 and 2023. ​ A loan is considered to be collateral dependent when, based upon management’s assessment, the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. For collateral dependent loans, expected credit losses are based on amortized cost of the loan less the estimated fair value of the collateral at the balance sheet date, with consideration for estimated selling costs if satisfaction of the loan depends on the sale of the collateral. ​ ​ The following tables present collateral dependent loans by portfolio segment and collateral type, including those loans with and without a related allowance allocation. A significant portion of the loan balances in these tables and essentially all of the allowance allocations relate to PCD loans which were acquired from Hometown. Real estate collateral primarily consists of operating facilities of the underlying borrowers. Other business assets collateral primarily consists of equipment, receivables and inventory of the underlying borrowers. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral Type ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2024 ​ ​ ​ ​ Other ​ ​ ​ ​ Without an ​ With an ​ Allowance ​ ​ Real Estate ​ Business Assets ​ Total ​ Allowance ​ Allowance ​ Allocation Commercial/industrial ​ $ — ​ $ 4,305 ​ $ 4,305 ​ $ — ​ $ 4,305 ​ $ 842 Commercial real estate - owner occupied ​ 9,212 ​ — ​ 9,212 ​ — ​ 9,212 ​ 3,729 Commercial real estate - non-owner occupied ​ — ​ — ​ — ​ — ​ — ​ — Multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Construction and development ​ 707 ​ — ​ 707 ​ 707 ​ — ​ — Residential 1‑4 family ​ — ​ — ​ — ​ — ​ — ​ — Consumer ​ — ​ — ​ — ​ — ​ — ​ — Other ​ — ​ — ​ — ​ — ​ — ​ — Total Loans ​ $ 9,919 ​ $ 4,305 ​ $ 14,224 ​ $ 707 ​ $ 13,517 ​ $ 4,571 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral Type ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ Other ​ ​ ​ ​ Without an ​ With an ​ Allowance ​ ​ Real Estate ​ Business Assets ​ Total ​ Allowance ​ Allowance ​ Allocation Commercial/industrial ​ $ — ​ $ 5,320 ​ $ 5,320 ​ $ 47 ​ $ 5,273 ​ $ 1,089 Commercial real estate - owner occupied ​ 8,131 ​ — ​ 8,131 ​ 794 ​ 7,337 ​ 3,156 Commercial real estate - non-owner occupied ​ — ​ — ​ — ​ — ​ — ​ — Multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Construction and development ​ — ​ — ​ — ​ — ​ — ​ — Residential 1‑4 family ​ 35 ​ — ​ 35 ​ 35 ​ — ​ — Consumer ​ — ​ — ​ — ​ — ​ — ​ — Other ​ — ​ — ​ — ​ — ​ — ​ — Total Loans ​ $ 8,166 ​ $ 5,320 ​ $ 13,486 ​ $ 876 ​ $ 12,610 ​ $ 4,245 ​ The Company utilizes a numerical risk rating system for commercial relationships. All other types of relationships (ex: residential, consumer, other) are assigned a “Pass” rating, unless they have fallen 90 days past due or more, at which time they are assessed for a rating of 5, 6 or 7. The Company uses split ratings for government guaranties on loans. The portion of a loan that is supported by a government guaranty is included with other Pass credits. The determination of a commercial loan risk rating begins with completion of a matrix, which assigns scores based on the strength of the borrower’s debt service coverage, collateral coverage, balance sheet leverage, industry outlook, and customer concentration. A weighted average is taken of these individual scores to arrive at the overall rating. This rating is subject to adjustment by the loan officer based on facts and circumstances pertaining to the borrower. Risk ratings are subject to independent review. Commercial borrowers with ratings between 1 and 5 are considered Pass credits, with 1 being most acceptable and 5 being just above the minimum level of acceptance. Commercial borrowers rated 6 have potential weaknesses which may jeopardize repayment ability. Borrowers rated 7 have a well-defined weakness or weaknesses such as the inability to demonstrate significant cash flow for debt service based on analysis of the company’s financial information. These loans remain on accrual status provided full collection of principal and interest is reasonably expected. Otherwise they are deemed impaired and placed on nonaccrual status. Borrowers rated 8 are the same as 7 rated credits with one exception: collection or liquidation in full is not probable. The following tables present total loans by risk ratings and year of origination. Loans acquired from other previously acquired institutions have been included in the table based upon the actual origination date. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Cost Basis by Origination Year ​ ​ ​ ​ ​ ​ As of June 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ ​ ​ ​ 2024 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ Prior ​ Revolving ​ to Term ​ Total Commercial/industrial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 46,155 $ 56,427 $ 74,025 $ 56,328 $ 45,320 $ 24,366 $ 80,376 $ - $ 382,997 Grade 5 ​ 9,817 ​ 8,843 ​ 52,195 ​ 7,612 ​ 2,889 ​ 2,368 ​ 24,402 ​ - ​ 108,126 Grade 6 ​ - ​ 837 ​ 82 ​ 578 ​ 122 ​ 211 ​ 3,796 ​ - ​ 5,626 Grade 7 ​ 506 ​ 378 ​ 240 ​ 4,594 ​ 1,149 ​ 1,320 ​ 2,959 ​ - ​ 11,146 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 56,478 $ 66,485 $ 126,542 $ 69,112 $ 49,480 $ 28,265 $ 111,533 $ - $ 507,895 Current-period gross charge-offs $ - $ - $ - $ 15 $ - $ 2 $ - $ - $ 17 Commercial real estate - owner occupied ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 24,487 $ 61,890 $ 106,742 $ 154,122 $ 101,966 $ 204,971 $ 52,271 $ - $ 706,449 Grade 5 ​ 17,641 ​ 7,124 ​ 24,876 ​ 33,421 ​ 12,603 ​ 32,025 ​ 21,578 ​ - ​ 149,268 Grade 6 ​ - ​ 815 ​ 2,098 ​ 3,231 ​ 96 ​ 5,060 ​ 585 ​ - ​ 11,885 Grade 7 ​ - ​ 2,708 ​ 7,381 ​ 8,126 ​ 2,210 ​ 30,364 ​ 2,813 ​ - ​ 53,602 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 42,128 $ 72,537 $ 141,097 $ 198,900 $ 116,875 $ 272,420 $ 77,247 $ - $ 921,204 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 1 $ - $ - $ 1 Commercial real estate - non-owner occupied ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 18,879 $ 51,557 $ 68,458 $ 132,059 $ 50,282 $ 105,912 $ 10,249 $ - $ 437,396 Grade 5 ​ 1,566 ​ 1,158 ​ 2,078 ​ 9,895 ​ 3,612 ​ 13,193 ​ - ​ - ​ 31,502 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ 2,872 ​ - ​ - ​ 2,872 Grade 7 ​ - ​ - ​ - ​ 63 ​ 359 ​ 200 ​ - ​ - ​ 622 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 20,445 $ 52,715 $ 70,536 $ 142,017 $ 54,253 $ 122,177 $ 10,249 $ - $ 472,392 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Multi-family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 1,280 $ 25,021 $ 32,624 $ 100,662 $ 73,174 $ 88,854 $ 1,081 $ - $ 322,696 Grade 5 ​ 784 ​ 880 ​ 1,881 ​ 4,241 ​ - ​ 126 ​ - ​ - ​ 7,912 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ 3,052 ​ - ​ - ​ 3,052 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 2,064 $ 25,901 $ 34,505 $ 104,903 $ 73,174 $ 92,032 $ 1,081 $ - $ 333,660 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction and development ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 17,960 $ 88,626 $ 65,032 $ 12,308 $ 4,645 $ 5,691 $ 566 $ - $ 194,828 Grade 5 ​ 131 ​ 25,481 ​ 526 ​ 1,261 ​ 695 ​ 183 ​ 1,051 ​ - ​ 29,328 Grade 6 ​ - ​ 2,490 ​ - ​ 2,497 ​ - ​ - ​ - ​ - ​ 4,987 Grade 7 ​ - ​ 707 ​ - ​ - ​ 166 ​ 775 ​ - ​ - ​ 1,648 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 18,091 $ 117,304 $ 65,558 $ 16,066 $ 5,506 $ 6,649 $ 1,617 $ - $ 230,791 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential 1 ‑ 4 family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 43,807 $ 98,818 $ 188,160 $ 188,302 $ 151,373 $ 113,386 $ 87,782 $ - $ 871,628 Grade 5 ​ 2,433 ​ 3,489 ​ 6,574 ​ 2,906 ​ 215 ​ 2,567 ​ 425 ​ - ​ 18,609 Grade 6 ​ - ​ 155 ​ 315 ​ - ​ - ​ 178 ​ - ​ - ​ 648 Grade 7 ​ - ​ 312 ​ 321 ​ 1,043 ​ 1,731 ​ 2,491 ​ 174 ​ - ​ 6,072 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 46,240 $ 102,774 $ 195,370 $ 192,251 $ 153,319 $ 118,622 $ 88,381 $ - $ 896,957 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 1 $ - $ - $ 1 Consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 16,137 $ 15,728 $ 10,169 $ 5,007 $ 3,434 $ 1,951 $ 501 $ - $ 52,927 Grade 5 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ 19 ​ - ​ - ​ 19 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 16,137 $ 15,728 $ 10,169 $ 5,007 $ 3,434 $ 1,970 $ 501 $ - $ 52,946 Current-period gross charge-offs $ - $ - $ 3 $ - $ 3 $ - $ - $ - $ 6 Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 859 $ 185 $ 635 $ 499 $ 559 $ 9,502 $ 2,473 $ - $ 14,712 Grade 5 ​ - ​ - ​ - ​ - ​ - ​ - ​ 83 ​ - ​ 83 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 859 $ 185 $ 635 $ 499 $ 559 $ 9,502 $ 2,556 $ - $ 14,795 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 52 $ - $ 52 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans $ 202,442 $ 453,629 $ 644,412 $ 728,755 $ 456,600 $ 651,637 $ 293,165 $ - $ 3,430,640 Total current-period gross charge-offs $ - $ - $ 3 $ 15 $ 3 $ 4 $ 52 $ - $ 77 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Cost Basis by Origination Year ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ ​ ​ ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Revolving ​ to Term ​ Total Commercial/industrial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 59,526 $ 133,469 $ 62,894 $ 54,552 $ 10,380 $ 20,575 $ 78,439 $ - $ 419,835 Grade 5 ​ 6,127 ​ 5,367 ​ 11,641 ​ 4,208 ​ 1,180 ​ 3,039 ​ 21,420 ​ - ​ 52,982 Grade 6 ​ 671 ​ 93 ​ 61 ​ 206 ​ - ​ - ​ 627 ​ - ​ 1,658 Grade 7 ​ 365 ​ 271 ​ 5,756 ​ 2,351 ​ 30 ​ 1,687 ​ 3,563 ​ - ​ 14,023 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 66,689 $ 139,200 $ 80,352 $ 61,317 $ 11,590 $ 25,301 $ 104,049 $ - $ 488,498 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - owner occupied ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 55,239 $ 105,187 $ 167,124 $ 108,680 $ 47,115 $ 178,586 $ 33,220 $ - $ 695,151 Grade 5 ​ 7,586 ​ 24,734 ​ 24,890 ​ 12,955 ​ 11,168 ​ 26,179 ​ 21,519 ​ - ​ 129,031 Grade 6 ​ - ​ 1,161 ​ 1,694 ​ 110 ​ 867 ​ 6,552 ​ 699 ​ - ​ 11,083 Grade 7 ​ 3,143 ​ 9,988 ​ 10,061 ​ 2,313 ​ 14,775 ​ 15,777 ​ 2,655 ​ - ​ 58,712 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 65,968 $ 141,070 $ 203,769 $ 124,058 $ 73,925 $ 227,094 $ 58,093 $ - $ 893,977 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 54,774 $ 72,336 $ 127,450 $ 53,341 $ 45,898 $ 84,129 $ 9,870 $ - $ 447,798 Grade 5 ​ 944 ​ 4,819 ​ 2,872 ​ 3,516 ​ 97 ​ 10,081 ​ - ​ - ​ 22,329 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ 64 ​ 366 ​ 2,722 ​ 550 ​ - ​ - ​ 3,702 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 55,718 $ 77,155 $ 130,386 $ 57,223 $ 48,717 $ 94,760 $ 9,870 $ - $ 473,829 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - multi-family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 25,099 $ 28,144 $ 103,804 $ 74,083 $ 25,640 $ 61,589 $ 2,149 $ - $ 320,508 Grade 5 ​ 672 ​ 1,092 ​ 10,660 ​ - ​ - ​ 27 ​ - ​ - ​ 12,451 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 25,771 $ 29,236 $ 114,464 $ 74,083 $ 25,640 $ 61,616 $ 2,149 $ - $ 332,959 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction and development ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 65,134 $ 67,396 $ 35,017 $ 5,013 $ 1,853 $ 4,281 $ 779 $ - $ 179,473 Grade 5 ​ 11,796 ​ 1,190 ​ 6,060 ​ 743 ​ - ​ 84 ​ 808 ​ - ​ 20,681 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ 707 ​ - ​ - ​ 172 ​ - ​ 790 ​ - ​ - ​ 1,669 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 77,637 $ 68,586 $ 41,077 $ 5,928 $ 1,853 $ 5,155 $ 1,587 $ - $ 201,823 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential 1 ‑ 4 family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 102,529 $ 199,295 $ 197,713 $ 160,489 $ 44,411 $ 77,644 $ 80,659 $ - $ 862,740 Grade 5 ​ 3,816 ​ 4,819 ​ 6,269 ​ 119 ​ 612 ​ 2,465 ​ 604 ​ - ​ 18,704 Grade 6 ​ 158 ​ 319 ​ 810 ​ - ​ - ​ 180 ​ 249 ​ - ​ 1,716 Grade 7 ​ 316 ​ 366 ​ 29 ​ 1,022 ​ 400 ​ 2,947 ​ 172 ​ - ​ 5,252 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 106,819 $ 204,799 $ 204,821 $ 161,630 $ 45,423 $ 83,236 $ 81,684 $ - $ 888,412 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 23,711 $ 12,497 $ 6,570 $ 4,498 $ 1,194 $ 1,326 $ 925 $ - $ 50,721 Grade 5 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ 20 ​ - ​ - ​ 20 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 23,711 $ 12,497 $ 6,570 $ 4,498 $ 1,194 $ 1,346 $ 925 $ - $ 50,741 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 4 $ - $ 4 Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 347 $ 663 $ 551 $ 1,076 $ 38 $ 9,697 $ 2,520 $ - $ 14,892 Grade 5 ​ - ​ - ​ - ​ - ​ - ​ - ​ 88 ​ - ​ 88 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 347 $ 663 $ 551 $ 1,076 $ 38 $ 9,697 $ 2,608 $ - $ 14,980 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 84 $ - $ 84 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans $ 422,660 $ 673,206 $ 781,990 $ 489,813 $ 208,380 $ 508,205 $ 260,965 $ - $ 3,345,219 Total current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 88 $ - $ 88 ​ Loans that were both experiencing financial difficulty and were modified during the six months ended June 30, 2024 and 2023, were insignificant to these consolidated financial statements.

MORTGAGE SERVICING RIGHTS

MORTGAGE SERVICING RIGHTS	6 Months Ended
	Jun. 30, 2024
MORTGAGE SERVICING RIGHTS
MORTGAGE SERVICING RIGHTS	NOTE 6 – MORTGAGE SERVICING RIGHTS Loans serviced for others are not included in the accompanying consolidated balance sheets. MSRs are recognized as separate assets when loans sold in the secondary market are sold with servicing retained. The Company utilizes a third-party consulting firm to assist with determining an accurate assessment of the MSRs fair value. The third-party firm collects relevant data points from numerous sources. Some of these data points relate directly to the pricing level or relative value of the mortgage servicing while other data points relate to the assumptions used to derive fair value. In addition, the valuation evaluates specific collateral types, and current and historical performance of the collateral in question. The valuation process focuses on the non-distressed secondary servicing market, common industry practices and current regulatory standards. The primary determinants of the fair value of MSRs are servicing fee percentage, ancillary income, expected loan life or prepayment speeds, discount rates, costs to service, delinquency rates, foreclosure losses and recourse obligations. The valuation data also contains interest rate shock analyses for monitoring fair value changes in differing interest rate environments. Following is an analysis of activity in the MSR asset: ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended Year Ended ​ ​ June 30, 2024 ​ December 31, 2023 Fair value at beginning of period ​ $ 13,668 ​ $ 9,582 ​ ​ ​ ​ ​ ​ ​ Servicing asset additions ​ 488 ​ 879 Loan payments and payoffs ​ (819) ​ (1,624) Changes in valuation inputs and assumptions used in the valuation model ​ 357 ​ 1,140 Amount recognized through earnings ​ ​ 26 ​ ​ 395 MSR asset acquired ​ — ​ 3,691 Fair value at end of period ​ $ 13,694 ​ $ 13,668 ​ ​ ​ ​ ​ ​ ​ Unpaid principal balance of loans serviced for others ​ $ 1,164,785 ​ $ 1,175,709 Mortgage servicing rights as a percent of loans serviced for others ​ 1.18 ​ 1.16 ​ The primary economic assumptions utilized by the Company in measuring the value of MSRs were constant prepayment speeds of 7.8 and 7.5 months as of June 30, 2024 and December 31, 2023, respectively, and discount rates of 10.19% as of each of those periods. The constant prepayment speeds are obtained from publicly available sources for each of the loan programs the Company originates under.

NOTES PAYABLE

NOTES PAYABLE	6 Months Ended
	Jun. 30, 2024
NOTES PAYABLE
NOTES PAYABLE	NOTE 7 – NOTES PAYABLE The Company utilizes FHLB advances to fund liquidity. The Company had outstanding balances borrowed from the FHLB of $90.5 million at June 30, 2024 and $35.5 million as of December 31, 2023. The advances, rate, and maturities of FHLB advances were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, December 31, ​ ​ Maturity ​ Rate ​ 2024 ​ 2023 Fixed rate, fixed term ​ 06/30/2025 ​ 5.16% ​ $ 25,000 ​ $ — Fixed rate, fixed term ​ 03/23/2026 ​ 4.02% ​ ​ 10,000 ​ ​ 10,000 Fixed rate, fixed term ​ 05/26/2026 ​ 1.95% ​ ​ 5,000 ​ ​ 5,000 Fixed rate, fixed term ​ 06/29/2026 ​ 4.77% ​ ​ 15,000 ​ ​ — Fixed rate, fixed term ​ 03/23/2027 ​ 3.91% ​ ​ 10,000 ​ ​ 10,000 Fixed rate, fixed term ​ 06/28/2027 ​ 4.57% ​ ​ 15,000 ​ ​ — Fixed rate, fixed term ​ 03/23/2028 ​ 3.85% ​ ​ 10,000 ​ ​ 10,000 Fixed rate, fixed term ​ 04/22/2030 ​ 0.00% ​ ​ 508 ​ ​ 508 ​ ​ ​ ​ ​ ​ ​ 90,508 ​ ​ 35,508 Adjustment due to purchase accounting ​ ​ ​ ​ ​ ​ (187) ​ ​ (238) ​ ​ ​ ​ ​ ​ $ 90,321 ​ $ 35,270 ​ Future maturities of borrowings were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, December 31, ​ ​ 2024 ​ 2023 1 year or less ​ $ 25,000 ​ $ — 1 to 2 years ​ 30,000 ​ — 2 to 3 years ​ 25,000 ​ 15,000 3 to 4 years ​ 10,000 ​ 10,000 4 to 5 years ​ — ​ 10,000 Over 5 years ​ ​ 508 ​ ​ 508 ​ ​ $ 90,508 ​ $ 35,508 ​ As of June 30, 2024, the Company had borrowing availability at the FHLB totaling $737.1 million in addition to the existing borrowings noted in the tables above.

SUBORDINATED NOTES AND JUNIOR S

SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES	6 Months Ended
	Jun. 30, 2024
SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES
SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES	NOTE 8 – SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES During July 2020, the Company entered into subordinated note agreements with two separate commercial banks. The Company had through December 31, 2020, to borrow funds up to a maximum availability of $6.0 million under each agreement, or $12.0 million total. These notes were issued with 10-year maturities, carry interest at a fixed rate of 5.0% through June 30, 2025, and at a variable rate thereafter, payable quarterly. These notes are callable on or after January 1, 2026 and qualify for Tier 2 capital for regulatory purposes. The Company had outstanding balances of $6.0 million under these agreements at June 30, 2024 and December 31, 2023. ​ During August 2022, the Company entered into subordinated note agreements with an individual. The Company had outstanding balances of $6.0 million under these agreements as of June 30, 2024 and December 31, 2023. These notes were issued with 10-year maturities, carry interest at a fixed rate of 5.25% through August 6, 2027, and at a variable rate thereafter, payable quarterly. These notes are callable on or after August 6, 2027 and qualify for Tier 2 capital for regulatory purposes. ​ As a result of the acquisition of Hometown during February 2023, the Company acquired all of the common securities of Hometown’s wholly-owned subsidiaries, Hometown Bancorp, Ltd. Capital Trust I (“Trust I”) and Hometown Bancorp, Ltd. Capital Trust II (“Trust II”). The Company also assumed adjustable rate junior subordinated debentures issued to these trusts. The junior subordinated debentures issued to Trust I and Trust II totaled $4.1 million and $8.2 million, respectively, carried interest at floating rates resetting on each quarterly payment date, and were due on January 7, 2034 and December 15, 2036, respectively. Applicable discounts originally totaling $1.5 million were recorded to carry the assumed debentures at their then estimated fair value and were being accreted to interest expense over the remaining life of the debentures. Both junior subordinated debentures were redeemable by the Company, subject to prior approval by the Federal Reserve Bank, on any quarterly payment date. The junior subordinated debentures represented the sole asset of Trust I and Trust II. The trusts were not included in the Company’s consolidated financial statements. The net effect of all agreements assumed with respect to Trust I and Trust II is that the Company, through payments on its debentures, was liable for the distributions and other payments required on the trusts’ preferred securities. Trust I and Trust II also provided the Company with $12.0 million in Tier 1 capital for regulatory capital purposes. The Company redeemed the junior subordinated debenture related to Trust II during December 2023 and the junior subordinated debenture related to Trust I during January 2024, resulting in the trusts’ dissolution. As a result of the redemption of the junior subordinated debenture related to Trust II and notification of the Company’s intent to redeem the junior subordinated debenture of Trust I prior to December 31, 2023, the Company amortized the remaining original fair value discounts into interest expense during December 2023.

REGULATORY MATTERS

REGULATORY MATTERS	6 Months Ended
	Jun. 30, 2024
REGULATORY MATTERS
REGULATORY MATTERS	NOTE 9 – REGULATORY MATTERS Banks and certain bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations involve quantitative measures of assets, liabilities, and certain off-balance sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. Under regulatory guidance for non-advanced approaches institutions, the Bank and Company are required to maintain minimum amounts and ratios of common equity Tier I capital to risk-weighted assets, including an additional conservation buffer determined by banking regulators. As of June 30, 2024 and December 31, 2023, this buffer was 2.5%. The Bank met all capital adequacy requirements to which they are subject as of June 30, 2024 and December 31, 2023. Actual and required capital amounts and ratios are presented below at period-end: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ To Be Well ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Capital ​ Capitalized Under ​ ​ ​ ​ ​ ​ ​ For Capital ​ Adequacy with ​ Prompt Corrective ​ ​ Actual ​ Adequacy Purposes ​ Capital Buffer ​ Action Provisions ​ Amount Ratio Amount Ratio Amount Ratio Amount Ratio ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital (to risk-weighted assets): ​ ​ ​ ​ ​ Company ​ $ 482,349 13.66 % $ 282,548 8.00 % $ 370,844 10.50 % ​ NA NA ​ Bank ​ $ 434,726 12.32 % $ 282,387 8.00 % $ 370,633 10.50 % $ 352,984 10.00 % Tier 1 capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 429,847 12.17 % $ 211,911 6.00 % $ 300,207 8.50 % ​ NA NA ​ Bank ​ $ 394,224 11.17 % $ 211,790 6.00 % $ 300,036 8.50 % $ 282,387 8.00 % Common Equity Tier 1 capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 429,847 12.17 % $ 158,933 4.50 % $ 247,229 7.00 % ​ NA NA ​ Bank ​ $ 394,224 11.17 % $ 158,843 4.50 % $ 247,089 7.00 % $ 229,440 6.50 % Tier 1 capital (to average assets): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 429,847 10.98 % $ 156,549 4.00 % $ 156,549 4.00 % ​ NA NA ​ Bank ​ $ 394,224 10.07 % $ 156,540 4.00 % $ 156,540 4.00 % $ 195,675 5.00 % December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Total capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ Company ​ $ 484,398 13.99 % $ 276,904 8.00 % $ 363,437 10.50 % ​ NA NA ​ Bank ​ $ 446,634 12.91 % $ 276,726 8.00 % $ 363,202 10.50 % $ 345,907 10.00 % Tier 1 capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 437,979 12.65 % $ 207,678 6.00 % $ 294,211 8.50 % ​ NA NA ​ Bank ​ $ 412,215 11.92 % $ 207,544 6.00 % $ 294,021 8.50 % $ 276,726 8.00 % Common Equity Tier 1 capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 433,979 12.54 % $ 155,759 4.50 % $ 242,291 7.00 % ​ NA NA ​ Bank ​ $ 412,215 11.92 % $ 155,658 4.50 % $ 242,135 7.00 % $ 224,840 6.50 % Tier 1 capital (to average assets): ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 437,979 11.05 % $ 158,581 4.00 % $ 158,581 4.00 % ​ NA NA ​ Bank ​ $ 412,215 10.40 % $ 158,585 4.00 % $ 158,585 4.00 % $ 198,231 5.00 % ​

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2024
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	NOTE 10 – COMMITMENTS AND CONTINGENCIES The Company enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate-lock commitments). Rate-lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. Accordingly, such commitments, along with any related fees received from potential borrowers, are recorded at fair value in derivative assets or liabilities, with changes in fair value recorded in the net gain or loss on sale of mortgage loans. Fair value is based on fees currently charged to enter into similar agreements and for fixed rate commitments also considers the difference between current levels of interest rates and committed rates. The notional amount of rate-lock commitments at June 30, 2024 and December 31, 2023 was approximately $13.2 million and $5.9 million, respectively. The fair value of these rate-lock commitments are not material to these financial statements and have not been recorded. The Company is party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual or notional amount of these commitments. The Company follows the same credit policies in making commitments as it does for on-balance-sheet instruments. Since some of the commitments are expected to expire without being drawn upon and some of the commitments may not be drawn upon to the total extent of the commitment, the notional amount of these commitments does not necessarily represent future cash requirements. The following commitments were outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ Notional Amount ​ June 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Commitments to extend credit: ​ ​ Fixed ​ $ 59,958 ​ $ 92,113 Variable ​ 704,141 ​ 707,285 Credit card arrangements ​ 22,273 ​ 21,213 Letters of credit ​ 11,265 ​ 9,785 ​

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2024
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	NOTE 11 – FAIR VALUE MEASUREMENTS Accounting guidance establishes a fair value hierarchy 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 (unadjusted) or identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other 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. Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. ​ Information regarding the fair value of assets measured at fair value on a recurring basis is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Instruments Markets Other Significant ​ ​ Measured ​ for Identical ​ Observable ​ Unobservable ​ ​ At Fair ​ Assets ​ Inputs ​ Inputs ​ ​ Value ​ (Level 1) ​ (Level 2) ​ (Level 3) June 30, 2024 ​ ​ ​ ​ Assets ​ ​ ​ ​ Securities available for sale ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies ​ $ 26,855 ​ $ — ​ $ 26,855 ​ $ — Obligations of states and political subdivisions ​ 56,786 ​ — ​ 56,786 ​ — Mortgage-backed securities ​ ​ 30,221 ​ ​ — ​ ​ 30,221 ​ ​ — Corporate notes ​ 14,115 ​ — ​ 14,115 ​ — Mortgage servicing rights ​ 13,694 ​ — ​ 13,694 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ ​ ​ ​ Assets ​ ​ ​ ​ Securities available for sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies ​ $ 28,294 ​ $ — ​ $ 28,294 ​ $ — Obligations of states and political subdivisions ​ 58,246 ​ — ​ 58,246 ​ — Mortgage-backed securities ​ ​ 36,130 ​ ​ — ​ ​ 36,130 ​ ​ — Corporate notes ​ 19,038 ​ — ​ 19,038 ​ — Certificates of deposit ​ ​ 489 ​ ​ — ​ ​ 489 ​ ​ — Mortgage servicing rights ​ 13,668 ​ — ​ 13,668 ​ — ​ There were no assets measured on a recurring basis using significant unobservable inputs (Level 3) during these periods. Furthermore, there were no liabilities measured on a recurring basis during the periods. ​ Information regarding the fair value of assets measured at fair value on a non-recurring basis is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ In Active ​ Significant ​ ​ ​ ​ ​ Assets ​ Markets ​ Other ​ Significant ​ ​ Measured ​ for Identical ​ Observable ​ Unobservable ​ ​ At Fair ​ Assets ​ Inputs ​ Inputs ​ ​ Value ​ (Level 1) ​ (Level 2) ​ (Level 3) June 30, 2024 ​ ​ ​ ​ OREO ​ $ 712 ​ $ — ​ $ — ​ $ 712 Loans individually evaluated, net of reserve ​ ​ 9,653 ​ ​ — ​ ​ — ​ ​ 9,653 ​ ​ $ 10,365 ​ $ — ​ $ — ​ $ 10,365 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ ​ ​ ​ OREO ​ $ 2,573 ​ $ — ​ $ — ​ $ 2,573 Loans individually evaluated, net of reserve ​ 9,242 ​ — ​ — ​ 9,242 ​ ​ $ 11,815 ​ $ — ​ $ — ​ $ 11,815 ​ The following is a description of the valuation methodologies used by the Company for the items noted in the table above, including the general classification of such instruments in the fair value hierarchy. For loans individually evaluated, the amount of reserve is based upon the present value of expected future cash flows discounted at the loan’s effective interest rate, the estimated fair value of the underlying collateral for collateral-dependent loans, or the estimated liquidity of the note. For OREO, the fair value is based upon the estimated fair value of the underlying collateral adjusted for the expected costs to sell. The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Unobservable ​ Range of ​ Average ​ ​ Valuation Technique ​ Inputs ​ Discounts Discount ​ As of June 30, 2024 ​ OREO Third party appraisals, sales contracts or brokered price options Collateral discounts and estimated costs to sell 61 % 61 % Loans individually evaluated Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 71 % 35 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ OREO Third party appraisals, sales contracts or brokered price options Collateral discounts and estimated costs to sell 3% - 71 % 38 % Loans individually evaluated Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 53 % 31 % ​ The carrying value and estimated fair value of financial instruments not measured and reported at fair value on a recurring or non-recurring basis at June 30, 2024 and December 31, 2023 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2024 amount Level 1 Level 2 Level 3 Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 98,950 ​ $ 98,950 ​ $ — ​ $ — ​ $ 98,950 Securities held to maturity ​ 110,648 ​ 106,609 ​ 3,196 ​ — ​ 109,805 Loans held for sale ​ 2,274 ​ — ​ 2,274 ​ — ​ 2,274 Loans, net ​ 3,383,517 ​ — ​ — ​ 3,172,419 ​ 3,172,419 Other investments ​ 21,256 ​ — ​ — ​ 21,256 ​ 21,256 Mortgage servicing rights ​ 13,694 ​ — ​ 13,694 ​ — ​ 13,694 Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ $ 3,399,941 ​ $ — ​ $ — ​ $ 3,129,841 ​ $ 3,129,841 Notes payable ​ ​ 90,321 ​ ​ — ​ ​ 90,321 ​ ​ — ​ ​ 90,321 Subordinated notes ​ 12,000 ​ ​ — ​ ​ 12,000 ​ ​ — ​ ​ 12,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ amount ​ Level 1 ​ Level 2 ​ Level 3 ​ Total Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 247,468 ​ $ 247,468 ​ $ — ​ $ — ​ $ 247,468 Securities held to maturity ​ 103,324 ​ 99,475 ​ 4,151 ​ — ​ 103,626 Loans held for sale ​ 3,012 ​ — ​ 3,012 ​ — ​ 3,012 Loans, net ​ 3,299,365 ​ — ​ — ​ 3,168,749 ​ 3,168,749 Other investments ​ 21,366 ​ — ​ — ​ 21,366 ​ 21,366 Mortgage servicing rights ​ 13,668 ​ — ​ 13,668 ​ — ​ 13,668 Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ $ 3,432,920 ​ — ​ — ​ 3,153,512 ​ ​ 3,153,512 Securities sold under repurchase agreements ​ ​ 75,747 ​ ​ — ​ ​ 75,747 ​ ​ — ​ ​ 75,747 Notes payable ​ 35,270 ​ ​ — ​ ​ 35,270 ​ ​ — ​ ​ 35,270 Subordinated notes ​ 12,000 ​ ​ — ​ ​ 12,000 ​ ​ — ​ ​ 12,000 Junior subordinated debentures ​ ​ 4,124 ​ ​ — ​ ​ 4,124 ​ ​ — ​ ​ 4,124 ​ The fair value of a financial instrument is the current amount that would be exchanged between willing parties, other than in a forced liquidation. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. Consequently, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. Fair value estimates are made at a specific point in time based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters that could affect the estimates. Fair value estimates are based on existing on- and off-balance-sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Deposits with no stated maturities are defined as having a fair value equivalent to the amount payable on demand. This prohibits adjusting fair value derived from retaining those deposits for an expected future period of time. This component, commonly referred to as a deposit base intangible, is neither considered in the above amounts nor is it recorded as an intangible asset on the consolidated balance sheet. Significant assets and liabilities that are not considered financial assets and liabilities include premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

STOCK BASED COMPENSATION

STOCK BASED COMPENSATION	6 Months Ended
	Jun. 30, 2024
STOCK BASED COMPENSATION
STOCK BASED COMPENSATION	NOTE 12 – STOCK BASED COMPENSATION The Company has made restricted share grants pursuant to the Bank First Corporation 2011 Equity Plan and the Bank First Corporation 2020 Equity Plan, which replaced the 2011 Plan. The purpose of the Plan is to provide financial incentives for selected employees and for the non-employee Directors of the Company, thereby promoting the long-term growth and financial success of the Company. The number of shares of Company stock that may be issued pursuant to awards under the 2020 Plan shall not exceed, in the aggregate, 700,000. As of June 30, 2024, 100,954 shares of Company stock have been awarded under the 2020 Plan. Compensation expense for restricted stock is based on the fair value of the awards of Bank First Corporation common stock at the time of grant. The value of restricted stock grants that are expected to vest is amortized into expense over the vesting periods. For the three months ended June 30, 2024 and 2023, compensation expense of $0.5 million and $0.6 million, respectively, was recognized related to restricted stock awards. For the six months ended June 30, 2024 and 2023, compensation expense of $1.1 million and $1.0 million, respectively, was recognized related to restricted stock awards. As of June 30, 2024, there was $3.0 million of unrecognized compensation cost related to non-vested restricted stock awards granted under the plan. That cost is expected to be recognized over a weighted average period of 1.66 years. The aggregate grant date fair value of restricted stock awards that vested during the six months ended June 30, 2024, was approximately $2.1 million. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the period ended ​ For the period ended ​ ​ June 30, 2024 ​ June 30, 2023 ​ ​ Weighted- ​ Weighted- ​ ​ ​ ​ Average Grant- ​ ​ ​ Average Grant- ​ ​ Shares ​ Date Fair Value ​ Shares ​ Date Fair Value Restricted Stock ​ ​ Outstanding at beginning of period 58,196 ​ $ 72.28 59,272 ​ $ 65.85 Granted 24,581 ​ 85.85 25,375 ​ 80.17 Vested (30,143) ​ 71.14 (25,762) ​ 62.05 Forfeited or cancelled — ​ — (820) ​ 65.09 Outstanding at end of period 52,634 ​ $ 79.27 58,065 ​ $ 71.41 ​

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 16,059	$ 15,412	$ 14,132	$ 10,680	$ 31,471	$ 24,812

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	Rule 10b5-1 Trading Arrangements For the quarter ended June 30, 2024, there were no trading arrangements for the sale or purchases of Company securities adopted, terminated or for which the amount, pricing or timing provisions were modified by our directors and officers that was either (1) a contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement”) or (2) a “non-Rule 10b5-1 trading arrangement” (as defined in Item 408(c) of Regulation S-K). ​
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2024
BASIS OF PRESENTATION
Critical Accounting Policies and Estimates	Critical Accounting Policies and Estimates The accounting and reporting policies of the Company conform to GAAP in the United States and general practices within the financial institution industry. To prepare financial statements in conformity with GAAP, management makes estimates, assumptions and judgments based on available information. These estimates, assumptions and judgments are based on information available as of the date of the financial statements and, as this information changes, actual results could differ from the estimates, assumptions and judgments reflected in the financial statement. As disclosed in the Company’s Annual Report, management has identified several accounting policies that, due to the estimates, assumptions and judgments inherent in those policies, are critical in understanding our financial statements. These include accounting for business combinations (primarily related to core deposit intangibles and acquired loans), accounting for the ACL-Loans, and the valuation and recording of deferred tax assets and liabilities. ​ There have been no material changes or developments with respect to the assumptions or methodologies that the Company uses when applying what management believes are critical accounting policies and developing critical accounting estimates as previously disclosed in the Company’s Annual Report.
Recently Issued Not Yet Effective Accounting Standards	Recently Issued Not Yet Effective Accounting Standards In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. Reference rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables) - Hometown Bancorp, Ltd.	6 Months Ended
	Jun. 30, 2024
ACQUISITIONS
Schedule of fair value of the assets acquired and liabilities assumed	The fair value of the assets acquired and liabilities assumed on February 10, 2023 was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As Recorded by Fair Value ​ As Recorded by ​ ​ Hometown Adjustments the Company Cash, cash equivalents and securities ​ $ 174,582 ​ $ (1,010) ​ $ 173,572 Other investments ​ 1,195 ​ — ​ ​ 1,195 Loans, net ​ 406,168 ​ (10,367) ​ ​ 395,801 Premises and equipment, net ​ 7,577 ​ (1,109) ​ ​ 6,468 Core deposit intangible ​ 405 ​ 16,085 ​ ​ 16,490 Other assets ​ 28,011 ​ (6,432) ​ ​ 21,579 Total assets acquired ​ $ 617,938 ​ $ (2,833) ​ $ 615,105 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ $ 532,165 ​ $ 209 ​ $ 532,374 Other borrowings ​ 5,000 ​ (331) ​ 4,669 Junior subordinated debentures ​ ​ 12,372 ​ ​ (1,464) ​ ​ 10,908 Other liabilities ​ 469 ​ 1,144 ​ 1,613 Total liabilities assumed ​ $ 550,006 ​ $ (442) ​ $ 549,564 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Excess of assets acquired over liabilities assumed ​ $ 67,932 ​ $ (2,391) ​ $ 65,541 Less: purchase price ​ ​ ​ 130,452 Goodwill ​ ​ ​ ​ ​ ​ ​ ​ 64,911 Refinement to fair value estimates (1) ​ ​ ​ ​ ​ ​ ​ ​ (30) Goodwill (after refinement) ​ ​ ​ $ 64,881 (1) Refinement consists of adjustments to the initial fair value estimates of other assets and liabilities. ​
Schedule of loans purchased through acquisition	The Company purchased loans through the acquisition of Hometown for which there was, at the date of acquisition, more than insignificant deterioration of credit quality since origination (PCD Loans). The carrying amount of these loans at acquisition was as follows: ​ ​ ​ ​ ​ ​ February 10, 2023 Purchase price of PCD loans at acquisition ​ $ 25,778 Non-credit discount on PCD loans at acquisition ​ ​ 4,498 Allowance for credit losses on PCD loans at acquisition ​ ​ 5,534 Par value of PCD acquired loans at acquisition ​ $ 35,810

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2024
EARNINGS PER SHARE
Schedule of earnings per common share	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2024 2023 2024 2023 Basic ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income available to common shareholders ​ $ 16,059 ​ $ 14,132 ​ $ 31,471 ​ $ 24,812 Less: Earnings allocated to participating securities ​ ​ (84) ​ ​ (80) ​ ​ (169) ​ ​ (144) Net income allocated to common shareholders ​ $ 15,975 ​ $ 14,052 ​ $ 31,302 ​ $ 24,668 ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average common shares outstanding including participating securities ​ ​ 10,078,611 ​ ​ 10,389,790 ​ ​ 10,155,979 ​ ​ 10,083,026 Less: Participating securities (1) ​ ​ (52,634) ​ ​ (58,065) ​ ​ (54,488) ​ ​ (58,467) Average shares ​ ​ 10,025,977 ​ ​ 10,331,725 ​ ​ 10,101,491 ​ ​ 10,024,559 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per common shares ​ $ 1.59 ​ $ 1.37 ​ $ 3.10 ​ $ 2.46 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income available to common shareholders ​ $ 16,059 ​ $ 14,132 ​ $ 31,471 ​ $ 24,812 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average common shares outstanding for basic earnings per common share ​ ​ 10,025,977 ​ ​ 10,331,725 ​ ​ 10,101,491 ​ ​ 10,024,559 Add: Dilutive effects of stock based compensation awards ​ ​ 13,885 ​ ​ 14,850 ​ ​ 21,073 ​ ​ 22,728 Average shares and dilutive potential common shares ​ ​ 10,039,862 ​ ​ 10,346,575 ​ ​ 10,122,564 ​ ​ 10,047,287 Diluted earnings per common share ​ $ 1.59 ​ $ 1.37 ​ $ 3.10 ​ $ 2.46 (1) Participating securities are restricted stock awards whereby the stock certificates have been issued, are included in outstanding shares, receive dividends and can be voted, but have not vested.

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2024
SECURITIES
Schedule of available for sale securities	The following is a summary of available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Estimated ​ ​ ​ Cost ​ Gains ​ Losses ​ Fair Value ​ June 30, 2024 ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies ​ $ 30,070 ​ $ — ​ $ (3,215) ​ $ 26,855 ​ Obligations of states and political subdivisions ​ ​ 63,007 ​ ​ 9 ​ ​ (6,230) ​ ​ 56,786 ​ Mortgage-backed securities ​ ​ 32,103 ​ ​ 2 ​ ​ (1,884) ​ ​ 30,221 ​ Corporate notes ​ 15,665 ​ — ​ (1,550) ​ 14,115 ​ Total available for sale securities ​ $ 140,845 ​ $ 11 ​ $ (12,879) ​ $ 127,977 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies ​ $ 31,453 ​ $ 4 ​ $ (3,163) ​ $ 28,294 ​ Obligations of states and political subdivisions ​ ​ 63,929 ​ ​ 77 ​ ​ (5,760) ​ ​ 58,246 ​ Mortgage-backed securities ​ 37,789 ​ 5 ​ (1,664) ​ 36,130 ​ Corporate notes ​ 20,657 ​ — ​ (1,619) ​ 19,038 ​ Certificates of deposit ​ ​ 490 ​ ​ — ​ ​ (1) ​ ​ 489 ​ Total available for sale securities ​ $ 154,318 ​ $ 86 ​ $ (12,207) ​ $ 142,197 ​
Schedule of held to maturity securities	The following is a summary of held to maturity securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Estimated ​ ​ Cost ​ Gains ​ Losses ​ Fair Value June 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 107,452 ​ $ 628 ​ $ (1,471) ​ $ 106,609 Obligations of states and political subdivisions ​ ​ 3,196 ​ ​ — ​ ​ — ​ ​ 3,196 Total held to maturity securities ​ $ 110,648 ​ $ 628 ​ $ (1,471) ​ $ 109,805 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ ​ ​ ​ U.S. Treasury securities ​ $ 99,173 ​ $ 1,372 ​ $ (1,070) ​ $ 99,475 Obligations of states and political subdivisions ​ ​ 4,151 ​ ​ — ​ ​ — ​ ​ 4,151 Total held to maturity securities ​ $ 103,324 ​ $ 1,372 ​ $ (1,070) ​ $ 103,626 ​
Schedule of fair value and gross unrealized losses of securities	The following table shows the fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less Than 12 Months ​ Greater Than 12 Months ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number ​ Fair Unrealized Fair Unrealized Fair ​ Unrealized ​ of ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses ​ Securities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2024 - Available for Sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies $ 2,214 ​ $ (21) ​ $ 24,641 ​ $ (3,194) ​ $ 26,855 ​ $ (3,215) ​ 27 Obligations of states and political subdivisions ​ 7,601 ​ ​ (99) ​ ​ 46,195 ​ ​ (6,131) ​ ​ 53,796 ​ ​ (6,230) ​ 73 Mortgage-backed securities 1,844 ​ (42) ​ 28,147 ​ (1,842) ​ 29,991 ​ (1,884) 102 Corporate notes — ​ — ​ 12,980 ​ (1,550) ​ 12,980 ​ (1,550) 9 Totals $ 11,659 ​ $ (162) ​ $ 111,963 ​ $ (12,717) ​ $ 123,622 ​ $ (12,879) 211 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2024 - Held to Maturity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities $ 22,932 ​ $ (231) ​ $ 60,789 ​ $ (1,240) ​ $ 83,721 ​ $ (1,471) ​ 51 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 - Available for Sale ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies $ 6,519 ​ $ (173) ​ $ 19,519 ​ $ (2,990) ​ $ 26,038 ​ $ (3,163) ​ 24 Obligations of states and political subdivisions ​ 6,806 ​ ​ (71) ​ ​ 40,959 ​ ​ (5,689) ​ ​ 47,765 ​ ​ (5,760) ​ 65 Mortgage-backed securities 5,751 ​ (95) ​ 28,693 ​ (1,569) ​ 34,444 ​ (1,664) 104 Corporate notes 4,926 ​ (68) ​ 12,487 ​ (1,551) ​ 17,413 ​ (1,619) 9 Certificate of deposits ​ — ​ ​ — ​ ​ 489 ​ ​ (1) ​ ​ 489 ​ ​ (1) ​ 2 Totals $ 24,002 ​ $ (407) ​ $ 102,147 ​ $ (11,800) ​ $ 126,149 ​ $ (12,207) ​ 204 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 - Held to Maturity ​ ​ ​ ​ ​ U.S. Treasury securities $ 31,785 ​ $ (99) ​ $ 35,362 ​ $ (971) ​ $ 67,147 ​ $ (1,070) ​ 49 Obligations of states and political subdivisions — ​ — ​ 220 ​ — ​ 220 ​ — ​ 1 Totals $ 31,785 ​ $ (99) ​ $ 35,582 ​ $ (971) ​ $ 67,367 ​ $ (1,070) ​ 50 ​
Schedule of amortized cost and estimated fair value of securities by contract maturity	The following is a summary of amortized cost and estimated fair value of securities by contractual maturity as of June 30, 2024. Contractual maturities will differ from expected maturities for mortgage-backed securities because borrowers may have the right to call or prepay obligations without penalties. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available for Sale ​ Held to Maturity ​ Amortized Estimated Amortized Estimated ​ ​ Cost ​ Fair Value ​ Cost ​ Fair Value Due in one year or less ​ $ 2,815 ​ $ 2,808 ​ $ 21,562 ​ $ 21,392 Due after one year through 5 years ​ 16,425 ​ 16,042 ​ ​ 53,071 ​ ​ 52,035 Due after 5 years through 10 years ​ 39,428 ​ 35,657 ​ ​ 36,015 ​ ​ 36,378 Due after 10 years ​ 50,074 ​ 43,249 ​ ​ — ​ ​ — Subtotal ​ 108,742 ​ 97,756 ​ ​ 110,648 ​ ​ 109,805 Mortgage-backed securities ​ 32,103 ​ 30,221 ​ ​ — ​ ​ — Total ​ $ 140,845 ​ $ 127,977 ​ $ 110,648 ​ $ 109,805

LOANS, ALLOWANCE FOR CREDIT L_2

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY (Tables)	6 Months Ended
	Jun. 30, 2024
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Schedule of loans by composition	The following table presents total loans by portfolio segment and class of loan as of June 30, 2024 and December 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2024 2023 Commercial/industrial ​ $ 507,895 ​ $ 488,498 Commercial real estate - owner occupied ​ 921,204 ​ 893,977 Commercial real estate - non-owner occupied ​ 472,392 ​ 473,829 Multi-family ​ ​ 333,660 ​ ​ 332,959 Construction and development ​ 230,791 ​ 201,823 Residential 1‑4 family ​ 896,957 ​ 888,412 Consumer ​ 52,946 ​ 50,741 Other ​ 14,795 ​ 14,980 Subtotals ​ 3,430,640 ​ 3,345,219 ACL - Loans ​ (45,118) ​ (43,609) Loans, net of ACL - Loans ​ 3,385,522 ​ 3,301,610 Deferred loan fees, net ​ (2,005) ​ (2,245) Loans, net ​ $ 3,383,517 ​ $ 3,299,365
Summary of the activity in the ACL by loan type	A roll forward of the ACL-Loans is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Six Months Ended ​ Year Ended ​ ​ June 30, 2024 ​ June 30, 2023 ​ June 30, 2024 ​ June 30, 2023 ​ December 31, 2023 ​ Beginning Balance $ 44,378 ​ $ 43,316 ​ $ 43,609 ​ $ 22,680 ​ $ 22,680 ​ Adoption of ASU 2016-13 ​ - ​ ​ - ​ ​ - ​ ​ 10,972 ​ ​ 10,972 ​ ACL on PCD loans acquired ​ - ​ ​ - ​ ​ - ​ ​ 5,534 ​ ​ 5,534 ​ Provision for credit losses ​ 500 ​ ​ - ​ ​ 700 ​ ​ 4,092 ​ ​ 4,292 ​ Charge-offs ​ (25) ​ ​ (46) ​ ​ (77) ​ ​ (55) ​ ​ (88) ​ Recoveries ​ 265 ​ ​ 139 ​ ​ 886 ​ ​ 186 ​ ​ 219 ​ Net recoveries ​ 240 ​ ​ 93 ​ ​ 809 ​ ​ 131 ​ ​ 131 ​ Ending Balance $ 45,118 ​ $ 43,409 ​ $ 45,118 ​ $ 43,409 ​ $ 43,609 ​ ​ ​ A summary of the activity in the ACL - Loans by loan type for the six months ended June 30, 2024 is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real Estate - ​ Real Estate  - ​ ​ ​ ​ Construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial / ​ Owner ​ Non - Owner ​ Multi- ​ and ​ Residential ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Occupied ​ Occupied ​ Family ​ Development ​ 1-4 Family ​ Consumer ​ Other ​ Total ACL - Loans - January 1, 2024 ​ $ 5,965 ​ $ 12,285 ​ $ 5,700 ​ $ 4,754 ​ $ 3,597 ​ $ 10,620 ​ $ 615 ​ $ 73 ​ $ 43,609 Charge-offs ​ (17) ​ ​ (1) ​ ​ — ​ ​ — ​ — ​ (1) ​ (6) ​ (52) ​ (77) Recoveries ​ 2 ​ ​ 861 ​ ​ — ​ ​ — ​ — ​ 6 ​ 2 ​ 15 ​ 886 Provision ​ (195) ​ ​ 193 ​ ​ (61) ​ ​ (84) ​ 572 ​ 184 ​ (1) ​ 92 ​ 700 ACL - Loans - June 30, 2024 ​ $ 5,755 ​ $ 13,338 ​ $ 5,639 ​ $ 4,670 ​ $ 4,169 ​ $ 10,809 ​ $ 610 ​ $ 128 ​ $ 45,118 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ A summary of the activity in the ACL – Loans by loan type for the six months ended June 30, 2023 is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial Commercial ​ ​ ​ ​ ​ Real Estate - ​ Real Estate - ​ ​ ​ ​ Construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial / ​ Owner ​ Non - Owner ​ Multi- ​ and ​ Residential ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Occupied ​ Occupied ​ Family ​ Development ​ 1-4 Family ​ Consumer ​ Other ​ Total ACL - Loans - January 1, 2023 ​ $ 4,071 ​ $ 5,204 ​ $ 2,644 ​ $ 2,761 ​ $ 1,592 ​ $ 5,944 ​ $ 314 ​ $ 150 ​ $ 22,680 Adoption of ASU 2016-13 ​ ​ 1,859 ​ ​ 1,982 ​ ​ 1,161 ​ ​ 753 ​ ​ 2,063 ​ ​ 2,567 ​ ​ 620 ​ ​ (33) ​ ​ 10,972 ACL - Loans on PCD loans acquired ​ ​ 1,082 ​ ​ 4,424 ​ ​ — ​ ​ — ​ ​ — ​ ​ 28 ​ ​ — ​ ​ — ​ ​ 5,534 Charge-offs ​ — ​ ​ — ​ ​ — ​ ​ — ​ — ​ — ​ — ​ (55) ​ (55) Recoveries ​ 3 ​ ​ 70 ​ ​ — ​ ​ — ​ — ​ 102 ​ 3 ​ 8 ​ 186 Provision ​ 135 ​ ​ 1,171 ​ ​ 929 ​ ​ 151 ​ (417) ​ 2,004 ​ 76 ​ 43 ​ 4,092 ACL - Loans - June 30, 2023 ​ $ 7,150 ​ $ 12,851 ​ $ 4,734 ​ $ 3,665 ​ $ 3,238 ​ $ 10,645 ​ $ 1,013 ​ $ 113 ​ $ 43,409 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of components of the provision for credit losses	The following table presents the components of the provision for credit losses. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Six Months Ended ​ Year Ended ​ ​ June 30, 2024 ​ June 30, 2023 ​ June 30, 2024 ​ June 30, 2023 ​ December 31, 2023 Provision for credit losses on: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ $ 500 ​ $ — ​ $ 700 ​ $ 4,092 ​ $ 4,292 Unfunded Commitments ​ ​ (500) ​ ​ 90 ​ ​ (500) ​ ​ 90 ​ ​ 390 Total provision for credit losses ​ $ — ​ $ — ​ $ 200 ​ $ 4,182 ​ $ 4,682 ​
Summary of past due loans	The Company’s past due and non-accrual loans as of June 30, 2024 is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 90 Days ​ ​ ​ ​ ​ Non-Accrual ​ ​ 30-89 Days ​ or more ​ ​ ​ ​ ​ ​ ​ with no ​ ​ Past Due ​ Past Due ​ Non- ​ ​ ​ ​ specifically ​ ​ Accruing ​ and Accruing ​ Accrual ​ Total ​ allocated ACL Commercial/industrial ​ $ 2 ​ $ 15 ​ $ 4,301 ​ $ 4,318 ​ $ 19 Commercial real estate - owner occupied ​ — ​ 2,477 ​ 2,754 ​ 5,231 ​ 13 Commercial real estate - non-owner occupied ​ 80 ​ — ​ — ​ 80 ​ — Multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Construction and development ​ — ​ — ​ — ​ — ​ — Residential 1‑4 family ​ 528 ​ 874 ​ 218 ​ 1,620 ​ 218 Consumer ​ 96 ​ 19 ​ 10 ​ 125 ​ 10 Other ​ — ​ — ​ — ​ — ​ — ​ ​ $ 706 ​ $ 3,385 ​ $ 7,283 ​ $ 11,374 ​ $ 260 ​ The Company’s past due and non-accrual loans as of December 31, 2023 is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 90 Days ​ ​ ​ ​ ​ Non-Accrual ​ ​ 30-89 Days ​ or more ​ ​ ​ ​ ​ ​ ​ with no ​ ​ Past Due ​ Past Due ​ Non- ​ ​ ​ ​ specifically ​ ​ Accruing ​ and Accruing ​ Accrual ​ Total ​ allocated ACL Commercial/industrial ​ $ 4,303 ​ $ 106 ​ $ 1,344 ​ $ 5,753 ​ $ 365 Commercial real estate - owner occupied ​ 180 ​ 252 ​ 3,877 ​ 4,309 ​ 343 Commercial real estate - non-owner occupied ​ 14 ​ — ​ — ​ 14 ​ — Multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Construction and development ​ — ​ — ​ — ​ — ​ — Residential 1‑4 family ​ 871 ​ 507 ​ 429 ​ 1,807 ​ 394 Consumer ​ 68 ​ 28 ​ 12 ​ 108 ​ 11 Other ​ — ​ — ​ — ​ — ​ — ​ ​ $ 5,436 ​ $ 893 ​ $ 5,662 ​ $ 11,991 ​ $ 1,113 ​
Schedule of collateral dependent loans by portfolio segment and collateral type	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral Type ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2024 ​ ​ ​ ​ Other ​ ​ ​ ​ Without an ​ With an ​ Allowance ​ ​ Real Estate ​ Business Assets ​ Total ​ Allowance ​ Allowance ​ Allocation Commercial/industrial ​ $ — ​ $ 4,305 ​ $ 4,305 ​ $ — ​ $ 4,305 ​ $ 842 Commercial real estate - owner occupied ​ 9,212 ​ — ​ 9,212 ​ — ​ 9,212 ​ 3,729 Commercial real estate - non-owner occupied ​ — ​ — ​ — ​ — ​ — ​ — Multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Construction and development ​ 707 ​ — ​ 707 ​ 707 ​ — ​ — Residential 1‑4 family ​ — ​ — ​ — ​ — ​ — ​ — Consumer ​ — ​ — ​ — ​ — ​ — ​ — Other ​ — ​ — ​ — ​ — ​ — ​ — Total Loans ​ $ 9,919 ​ $ 4,305 ​ $ 14,224 ​ $ 707 ​ $ 13,517 ​ $ 4,571 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral Type ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ Other ​ ​ ​ ​ Without an ​ With an ​ Allowance ​ ​ Real Estate ​ Business Assets ​ Total ​ Allowance ​ Allowance ​ Allocation Commercial/industrial ​ $ — ​ $ 5,320 ​ $ 5,320 ​ $ 47 ​ $ 5,273 ​ $ 1,089 Commercial real estate - owner occupied ​ 8,131 ​ — ​ 8,131 ​ 794 ​ 7,337 ​ 3,156 Commercial real estate - non-owner occupied ​ — ​ — ​ — ​ — ​ — ​ — Multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Construction and development ​ — ​ — ​ — ​ — ​ — ​ — Residential 1‑4 family ​ 35 ​ — ​ 35 ​ 35 ​ — ​ — Consumer ​ — ​ — ​ — ​ — ​ — ​ — Other ​ — ​ — ​ — ​ — ​ — ​ — Total Loans ​ $ 8,166 ​ $ 5,320 ​ $ 13,486 ​ $ 876 ​ $ 12,610 ​ $ 4,245 ​
Schedule of loans by risk ratings and year of origination	The following tables present total loans by risk ratings and year of origination. Loans acquired from other previously acquired institutions have been included in the table based upon the actual origination date. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Cost Basis by Origination Year ​ ​ ​ ​ ​ ​ As of June 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ ​ ​ ​ 2024 ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ Prior ​ Revolving ​ to Term ​ Total Commercial/industrial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 46,155 $ 56,427 $ 74,025 $ 56,328 $ 45,320 $ 24,366 $ 80,376 $ - $ 382,997 Grade 5 ​ 9,817 ​ 8,843 ​ 52,195 ​ 7,612 ​ 2,889 ​ 2,368 ​ 24,402 ​ - ​ 108,126 Grade 6 ​ - ​ 837 ​ 82 ​ 578 ​ 122 ​ 211 ​ 3,796 ​ - ​ 5,626 Grade 7 ​ 506 ​ 378 ​ 240 ​ 4,594 ​ 1,149 ​ 1,320 ​ 2,959 ​ - ​ 11,146 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 56,478 $ 66,485 $ 126,542 $ 69,112 $ 49,480 $ 28,265 $ 111,533 $ - $ 507,895 Current-period gross charge-offs $ - $ - $ - $ 15 $ - $ 2 $ - $ - $ 17 Commercial real estate - owner occupied ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 24,487 $ 61,890 $ 106,742 $ 154,122 $ 101,966 $ 204,971 $ 52,271 $ - $ 706,449 Grade 5 ​ 17,641 ​ 7,124 ​ 24,876 ​ 33,421 ​ 12,603 ​ 32,025 ​ 21,578 ​ - ​ 149,268 Grade 6 ​ - ​ 815 ​ 2,098 ​ 3,231 ​ 96 ​ 5,060 ​ 585 ​ - ​ 11,885 Grade 7 ​ - ​ 2,708 ​ 7,381 ​ 8,126 ​ 2,210 ​ 30,364 ​ 2,813 ​ - ​ 53,602 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 42,128 $ 72,537 $ 141,097 $ 198,900 $ 116,875 $ 272,420 $ 77,247 $ - $ 921,204 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 1 $ - $ - $ 1 Commercial real estate - non-owner occupied ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 18,879 $ 51,557 $ 68,458 $ 132,059 $ 50,282 $ 105,912 $ 10,249 $ - $ 437,396 Grade 5 ​ 1,566 ​ 1,158 ​ 2,078 ​ 9,895 ​ 3,612 ​ 13,193 ​ - ​ - ​ 31,502 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ 2,872 ​ - ​ - ​ 2,872 Grade 7 ​ - ​ - ​ - ​ 63 ​ 359 ​ 200 ​ - ​ - ​ 622 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 20,445 $ 52,715 $ 70,536 $ 142,017 $ 54,253 $ 122,177 $ 10,249 $ - $ 472,392 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Multi-family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 1,280 $ 25,021 $ 32,624 $ 100,662 $ 73,174 $ 88,854 $ 1,081 $ - $ 322,696 Grade 5 ​ 784 ​ 880 ​ 1,881 ​ 4,241 ​ - ​ 126 ​ - ​ - ​ 7,912 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ 3,052 ​ - ​ - ​ 3,052 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 2,064 $ 25,901 $ 34,505 $ 104,903 $ 73,174 $ 92,032 $ 1,081 $ - $ 333,660 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction and development ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 17,960 $ 88,626 $ 65,032 $ 12,308 $ 4,645 $ 5,691 $ 566 $ - $ 194,828 Grade 5 ​ 131 ​ 25,481 ​ 526 ​ 1,261 ​ 695 ​ 183 ​ 1,051 ​ - ​ 29,328 Grade 6 ​ - ​ 2,490 ​ - ​ 2,497 ​ - ​ - ​ - ​ - ​ 4,987 Grade 7 ​ - ​ 707 ​ - ​ - ​ 166 ​ 775 ​ - ​ - ​ 1,648 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 18,091 $ 117,304 $ 65,558 $ 16,066 $ 5,506 $ 6,649 $ 1,617 $ - $ 230,791 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential 1 ‑ 4 family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 43,807 $ 98,818 $ 188,160 $ 188,302 $ 151,373 $ 113,386 $ 87,782 $ - $ 871,628 Grade 5 ​ 2,433 ​ 3,489 ​ 6,574 ​ 2,906 ​ 215 ​ 2,567 ​ 425 ​ - ​ 18,609 Grade 6 ​ - ​ 155 ​ 315 ​ - ​ - ​ 178 ​ - ​ - ​ 648 Grade 7 ​ - ​ 312 ​ 321 ​ 1,043 ​ 1,731 ​ 2,491 ​ 174 ​ - ​ 6,072 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 46,240 $ 102,774 $ 195,370 $ 192,251 $ 153,319 $ 118,622 $ 88,381 $ - $ 896,957 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 1 $ - $ - $ 1 Consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 16,137 $ 15,728 $ 10,169 $ 5,007 $ 3,434 $ 1,951 $ 501 $ - $ 52,927 Grade 5 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ 19 ​ - ​ - ​ 19 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 16,137 $ 15,728 $ 10,169 $ 5,007 $ 3,434 $ 1,970 $ 501 $ - $ 52,946 Current-period gross charge-offs $ - $ - $ 3 $ - $ 3 $ - $ - $ - $ 6 Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 859 $ 185 $ 635 $ 499 $ 559 $ 9,502 $ 2,473 $ - $ 14,712 Grade 5 ​ - ​ - ​ - ​ - ​ - ​ - ​ 83 ​ - ​ 83 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 859 $ 185 $ 635 $ 499 $ 559 $ 9,502 $ 2,556 $ - $ 14,795 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 52 $ - $ 52 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans $ 202,442 $ 453,629 $ 644,412 $ 728,755 $ 456,600 $ 651,637 $ 293,165 $ - $ 3,430,640 Total current-period gross charge-offs $ - $ - $ 3 $ 15 $ 3 $ 4 $ 52 $ - $ 77 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Cost Basis by Origination Year ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ ​ ​ ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Revolving ​ to Term ​ Total Commercial/industrial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 59,526 $ 133,469 $ 62,894 $ 54,552 $ 10,380 $ 20,575 $ 78,439 $ - $ 419,835 Grade 5 ​ 6,127 ​ 5,367 ​ 11,641 ​ 4,208 ​ 1,180 ​ 3,039 ​ 21,420 ​ - ​ 52,982 Grade 6 ​ 671 ​ 93 ​ 61 ​ 206 ​ - ​ - ​ 627 ​ - ​ 1,658 Grade 7 ​ 365 ​ 271 ​ 5,756 ​ 2,351 ​ 30 ​ 1,687 ​ 3,563 ​ - ​ 14,023 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 66,689 $ 139,200 $ 80,352 $ 61,317 $ 11,590 $ 25,301 $ 104,049 $ - $ 488,498 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - owner occupied ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 55,239 $ 105,187 $ 167,124 $ 108,680 $ 47,115 $ 178,586 $ 33,220 $ - $ 695,151 Grade 5 ​ 7,586 ​ 24,734 ​ 24,890 ​ 12,955 ​ 11,168 ​ 26,179 ​ 21,519 ​ - ​ 129,031 Grade 6 ​ - ​ 1,161 ​ 1,694 ​ 110 ​ 867 ​ 6,552 ​ 699 ​ - ​ 11,083 Grade 7 ​ 3,143 ​ 9,988 ​ 10,061 ​ 2,313 ​ 14,775 ​ 15,777 ​ 2,655 ​ - ​ 58,712 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 65,968 $ 141,070 $ 203,769 $ 124,058 $ 73,925 $ 227,094 $ 58,093 $ - $ 893,977 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 54,774 $ 72,336 $ 127,450 $ 53,341 $ 45,898 $ 84,129 $ 9,870 $ - $ 447,798 Grade 5 ​ 944 ​ 4,819 ​ 2,872 ​ 3,516 ​ 97 ​ 10,081 ​ - ​ - ​ 22,329 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ 64 ​ 366 ​ 2,722 ​ 550 ​ - ​ - ​ 3,702 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 55,718 $ 77,155 $ 130,386 $ 57,223 $ 48,717 $ 94,760 $ 9,870 $ - $ 473,829 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - multi-family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 25,099 $ 28,144 $ 103,804 $ 74,083 $ 25,640 $ 61,589 $ 2,149 $ - $ 320,508 Grade 5 ​ 672 ​ 1,092 ​ 10,660 ​ - ​ - ​ 27 ​ - ​ - ​ 12,451 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 25,771 $ 29,236 $ 114,464 $ 74,083 $ 25,640 $ 61,616 $ 2,149 $ - $ 332,959 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction and development ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 65,134 $ 67,396 $ 35,017 $ 5,013 $ 1,853 $ 4,281 $ 779 $ - $ 179,473 Grade 5 ​ 11,796 ​ 1,190 ​ 6,060 ​ 743 ​ - ​ 84 ​ 808 ​ - ​ 20,681 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ 707 ​ - ​ - ​ 172 ​ - ​ 790 ​ - ​ - ​ 1,669 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 77,637 $ 68,586 $ 41,077 $ 5,928 $ 1,853 $ 5,155 $ 1,587 $ - $ 201,823 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential 1 ‑ 4 family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 102,529 $ 199,295 $ 197,713 $ 160,489 $ 44,411 $ 77,644 $ 80,659 $ - $ 862,740 Grade 5 ​ 3,816 ​ 4,819 ​ 6,269 ​ 119 ​ 612 ​ 2,465 ​ 604 ​ - ​ 18,704 Grade 6 ​ 158 ​ 319 ​ 810 ​ - ​ - ​ 180 ​ 249 ​ - ​ 1,716 Grade 7 ​ 316 ​ 366 ​ 29 ​ 1,022 ​ 400 ​ 2,947 ​ 172 ​ - ​ 5,252 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 106,819 $ 204,799 $ 204,821 $ 161,630 $ 45,423 $ 83,236 $ 81,684 $ - $ 888,412 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 23,711 $ 12,497 $ 6,570 $ 4,498 $ 1,194 $ 1,326 $ 925 $ - $ 50,721 Grade 5 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ 20 ​ - ​ - ​ 20 Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 23,711 $ 12,497 $ 6,570 $ 4,498 $ 1,194 $ 1,346 $ 925 $ - $ 50,741 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 4 $ - $ 4 Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Grades 1-4 $ 347 $ 663 $ 551 $ 1,076 $ 38 $ 9,697 $ 2,520 $ - $ 14,892 Grade 5 ​ - ​ - ​ - ​ - ​ - ​ - ​ 88 ​ - ​ 88 Grade 6 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 7 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Grade 8 ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - ​ - Total $ 347 $ 663 $ 551 $ 1,076 $ 38 $ 9,697 $ 2,608 $ - $ 14,980 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 84 $ - $ 84 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans $ 422,660 $ 673,206 $ 781,990 $ 489,813 $ 208,380 $ 508,205 $ 260,965 $ - $ 3,345,219 Total current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 88 $ - $ 88 ​

MORTGAGE SERVICING RIGHTS (Tabl

MORTGAGE SERVICING RIGHTS (Tables)	6 Months Ended
	Jun. 30, 2024
MORTGAGE SERVICING RIGHTS
Schedule of analysis of activity in the MSR asset	Following is an analysis of activity in the MSR asset: ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended Year Ended ​ ​ June 30, 2024 ​ December 31, 2023 Fair value at beginning of period ​ $ 13,668 ​ $ 9,582 ​ ​ ​ ​ ​ ​ ​ Servicing asset additions ​ 488 ​ 879 Loan payments and payoffs ​ (819) ​ (1,624) Changes in valuation inputs and assumptions used in the valuation model ​ 357 ​ 1,140 Amount recognized through earnings ​ ​ 26 ​ ​ 395 MSR asset acquired ​ — ​ 3,691 Fair value at end of period ​ $ 13,694 ​ $ 13,668 ​ ​ ​ ​ ​ ​ ​ Unpaid principal balance of loans serviced for others ​ $ 1,164,785 ​ $ 1,175,709 Mortgage servicing rights as a percent of loans serviced for others ​ 1.18 ​ 1.16

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	6 Months Ended
	Jun. 30, 2024
NOTES PAYABLE
Schedule of advances, rate, and maturities of FHLB advances	The advances, rate, and maturities of FHLB advances were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, December 31, ​ ​ Maturity ​ Rate ​ 2024 ​ 2023 Fixed rate, fixed term ​ 06/30/2025 ​ 5.16% ​ $ 25,000 ​ $ — Fixed rate, fixed term ​ 03/23/2026 ​ 4.02% ​ ​ 10,000 ​ ​ 10,000 Fixed rate, fixed term ​ 05/26/2026 ​ 1.95% ​ ​ 5,000 ​ ​ 5,000 Fixed rate, fixed term ​ 06/29/2026 ​ 4.77% ​ ​ 15,000 ​ ​ — Fixed rate, fixed term ​ 03/23/2027 ​ 3.91% ​ ​ 10,000 ​ ​ 10,000 Fixed rate, fixed term ​ 06/28/2027 ​ 4.57% ​ ​ 15,000 ​ ​ — Fixed rate, fixed term ​ 03/23/2028 ​ 3.85% ​ ​ 10,000 ​ ​ 10,000 Fixed rate, fixed term ​ 04/22/2030 ​ 0.00% ​ ​ 508 ​ ​ 508 ​ ​ ​ ​ ​ ​ ​ 90,508 ​ ​ 35,508 Adjustment due to purchase accounting ​ ​ ​ ​ ​ ​ (187) ​ ​ (238) ​ ​ ​ ​ ​ ​ $ 90,321 ​ $ 35,270 ​
Schedule of future maturities of borrowings	Future maturities of borrowings were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, December 31, ​ ​ 2024 ​ 2023 1 year or less ​ $ 25,000 ​ $ — 1 to 2 years ​ 30,000 ​ — 2 to 3 years ​ 25,000 ​ 15,000 3 to 4 years ​ 10,000 ​ 10,000 4 to 5 years ​ — ​ 10,000 Over 5 years ​ ​ 508 ​ ​ 508 ​ ​ $ 90,508 ​ $ 35,508 ​

REGULATORY MATTERS (Tables)

REGULATORY MATTERS (Tables)	6 Months Ended
	Jun. 30, 2024
REGULATORY MATTERS
Schedule of Actual and required capital amounts and ratios	Actual and required capital amounts and ratios are presented below at period-end: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ To Be Well ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Capital ​ Capitalized Under ​ ​ ​ ​ ​ ​ ​ For Capital ​ Adequacy with ​ Prompt Corrective ​ ​ Actual ​ Adequacy Purposes ​ Capital Buffer ​ Action Provisions ​ Amount Ratio Amount Ratio Amount Ratio Amount Ratio ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital (to risk-weighted assets): ​ ​ ​ ​ ​ Company ​ $ 482,349 13.66 % $ 282,548 8.00 % $ 370,844 10.50 % ​ NA NA ​ Bank ​ $ 434,726 12.32 % $ 282,387 8.00 % $ 370,633 10.50 % $ 352,984 10.00 % Tier 1 capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 429,847 12.17 % $ 211,911 6.00 % $ 300,207 8.50 % ​ NA NA ​ Bank ​ $ 394,224 11.17 % $ 211,790 6.00 % $ 300,036 8.50 % $ 282,387 8.00 % Common Equity Tier 1 capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 429,847 12.17 % $ 158,933 4.50 % $ 247,229 7.00 % ​ NA NA ​ Bank ​ $ 394,224 11.17 % $ 158,843 4.50 % $ 247,089 7.00 % $ 229,440 6.50 % Tier 1 capital (to average assets): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 429,847 10.98 % $ 156,549 4.00 % $ 156,549 4.00 % ​ NA NA ​ Bank ​ $ 394,224 10.07 % $ 156,540 4.00 % $ 156,540 4.00 % $ 195,675 5.00 % December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Total capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ Company ​ $ 484,398 13.99 % $ 276,904 8.00 % $ 363,437 10.50 % ​ NA NA ​ Bank ​ $ 446,634 12.91 % $ 276,726 8.00 % $ 363,202 10.50 % $ 345,907 10.00 % Tier 1 capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 437,979 12.65 % $ 207,678 6.00 % $ 294,211 8.50 % ​ NA NA ​ Bank ​ $ 412,215 11.92 % $ 207,544 6.00 % $ 294,021 8.50 % $ 276,726 8.00 % Common Equity Tier 1 capital (to risk-weighted assets): ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 433,979 12.54 % $ 155,759 4.50 % $ 242,291 7.00 % ​ NA NA ​ Bank ​ $ 412,215 11.92 % $ 155,658 4.50 % $ 242,135 7.00 % $ 224,840 6.50 % Tier 1 capital (to average assets): ​ ​ ​ ​ ​ ​ ​ ​ Company ​ $ 437,979 11.05 % $ 158,581 4.00 % $ 158,581 4.00 % ​ NA NA ​ Bank ​ $ 412,215 10.40 % $ 158,585 4.00 % $ 158,585 4.00 % $ 198,231 5.00 % ​

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2024
COMMITMENTS AND CONTINGENCIES
Schedule of commitments outstanding	The following commitments were outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ Notional Amount ​ June 30, 2024 ​ December 31, 2023 ​ ​ ​ ​ ​ ​ ​ Commitments to extend credit: ​ ​ Fixed ​ $ 59,958 ​ $ 92,113 Variable ​ 704,141 ​ 707,285 Credit card arrangements ​ 22,273 ​ 21,213 Letters of credit ​ 11,265 ​ 9,785 ​

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
FAIR VALUE MEASUREMENTS
Schedule of fair value of assets measured at fair value on a recurring basis	Information regarding the fair value of assets measured at fair value on a recurring basis is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Instruments Markets Other Significant ​ ​ Measured ​ for Identical ​ Observable ​ Unobservable ​ ​ At Fair ​ Assets ​ Inputs ​ Inputs ​ ​ Value ​ (Level 1) ​ (Level 2) ​ (Level 3) June 30, 2024 ​ ​ ​ ​ Assets ​ ​ ​ ​ Securities available for sale ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies ​ $ 26,855 ​ $ — ​ $ 26,855 ​ $ — Obligations of states and political subdivisions ​ 56,786 ​ — ​ 56,786 ​ — Mortgage-backed securities ​ ​ 30,221 ​ ​ — ​ ​ 30,221 ​ ​ — Corporate notes ​ 14,115 ​ — ​ 14,115 ​ — Mortgage servicing rights ​ 13,694 ​ — ​ 13,694 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ ​ ​ ​ Assets ​ ​ ​ ​ Securities available for sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored agencies ​ $ 28,294 ​ $ — ​ $ 28,294 ​ $ — Obligations of states and political subdivisions ​ 58,246 ​ — ​ 58,246 ​ — Mortgage-backed securities ​ ​ 36,130 ​ ​ — ​ ​ 36,130 ​ ​ — Corporate notes ​ 19,038 ​ — ​ 19,038 ​ — Certificates of deposit ​ ​ 489 ​ ​ — ​ ​ 489 ​ ​ — Mortgage servicing rights ​ 13,668 ​ — ​ 13,668 ​ —
Schedule of fair value of assets measured on a non-recurring basis	Information regarding the fair value of assets measured at fair value on a non-recurring basis is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ In Active ​ Significant ​ ​ ​ ​ ​ Assets ​ Markets ​ Other ​ Significant ​ ​ Measured ​ for Identical ​ Observable ​ Unobservable ​ ​ At Fair ​ Assets ​ Inputs ​ Inputs ​ ​ Value ​ (Level 1) ​ (Level 2) ​ (Level 3) June 30, 2024 ​ ​ ​ ​ OREO ​ $ 712 ​ $ — ​ $ — ​ $ 712 Loans individually evaluated, net of reserve ​ ​ 9,653 ​ ​ — ​ ​ — ​ ​ 9,653 ​ ​ $ 10,365 ​ $ — ​ $ — ​ $ 10,365 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ ​ ​ ​ OREO ​ $ 2,573 ​ $ — ​ $ — ​ $ 2,573 Loans individually evaluated, net of reserve ​ 9,242 ​ — ​ — ​ 9,242 ​ ​ $ 11,815 ​ $ — ​ $ — ​ $ 11,815
Schedule of fair value measurement on inputs and valuation techniques	The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Unobservable ​ Range of ​ Average ​ ​ Valuation Technique ​ Inputs ​ Discounts Discount ​ As of June 30, 2024 ​ OREO Third party appraisals, sales contracts or brokered price options Collateral discounts and estimated costs to sell 61 % 61 % Loans individually evaluated Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 71 % 35 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ OREO Third party appraisals, sales contracts or brokered price options Collateral discounts and estimated costs to sell 3% - 71 % 38 % Loans individually evaluated Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 53 % 31 % ​
Schedule of carrying value and estimated fair value of financial instruments	The carrying value and estimated fair value of financial instruments not measured and reported at fair value on a recurring or non-recurring basis at June 30, 2024 and December 31, 2023 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2024 amount Level 1 Level 2 Level 3 Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 98,950 ​ $ 98,950 ​ $ — ​ $ — ​ $ 98,950 Securities held to maturity ​ 110,648 ​ 106,609 ​ 3,196 ​ — ​ 109,805 Loans held for sale ​ 2,274 ​ — ​ 2,274 ​ — ​ 2,274 Loans, net ​ 3,383,517 ​ — ​ — ​ 3,172,419 ​ 3,172,419 Other investments ​ 21,256 ​ — ​ — ​ 21,256 ​ 21,256 Mortgage servicing rights ​ 13,694 ​ — ​ 13,694 ​ — ​ 13,694 Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ $ 3,399,941 ​ $ — ​ $ — ​ $ 3,129,841 ​ $ 3,129,841 Notes payable ​ ​ 90,321 ​ ​ — ​ ​ 90,321 ​ ​ — ​ ​ 90,321 Subordinated notes ​ 12,000 ​ ​ — ​ ​ 12,000 ​ ​ — ​ ​ 12,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2023 ​ amount ​ Level 1 ​ Level 2 ​ Level 3 ​ Total Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 247,468 ​ $ 247,468 ​ $ — ​ $ — ​ $ 247,468 Securities held to maturity ​ 103,324 ​ 99,475 ​ 4,151 ​ — ​ 103,626 Loans held for sale ​ 3,012 ​ — ​ 3,012 ​ — ​ 3,012 Loans, net ​ 3,299,365 ​ — ​ — ​ 3,168,749 ​ 3,168,749 Other investments ​ 21,366 ​ — ​ — ​ 21,366 ​ 21,366 Mortgage servicing rights ​ 13,668 ​ — ​ 13,668 ​ — ​ 13,668 Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ $ 3,432,920 ​ — ​ — ​ 3,153,512 ​ ​ 3,153,512 Securities sold under repurchase agreements ​ ​ 75,747 ​ ​ — ​ ​ 75,747 ​ ​ — ​ ​ 75,747 Notes payable ​ 35,270 ​ ​ — ​ ​ 35,270 ​ ​ — ​ ​ 35,270 Subordinated notes ​ 12,000 ​ ​ — ​ ​ 12,000 ​ ​ — ​ ​ 12,000 Junior subordinated debentures ​ ​ 4,124 ​ ​ — ​ ​ 4,124 ​ ​ — ​ ​ 4,124

STOCK BASED COMPENSATION (Table

STOCK BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2024
STOCK BASED COMPENSATION
Schedule of share-based compensation, restricted stock and restricted stock units activity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the period ended ​ For the period ended ​ ​ June 30, 2024 ​ June 30, 2023 ​ ​ Weighted- ​ Weighted- ​ ​ ​ ​ Average Grant- ​ ​ ​ Average Grant- ​ ​ Shares ​ Date Fair Value ​ Shares ​ Date Fair Value Restricted Stock ​ ​ Outstanding at beginning of period 58,196 ​ $ 72.28 59,272 ​ $ 65.85 Granted 24,581 ​ 85.85 25,375 ​ 80.17 Vested (30,143) ​ 71.14 (25,762) ​ 62.05 Forfeited or cancelled — ​ — (820) ​ 65.09 Outstanding at end of period 52,634 ​ $ 79.27 58,065 ​ $ 71.41 ​

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details)	Jun. 30, 2024 item
BASIS OF PRESENTATION
Number of bank locations	26

ACQUISITIONS - Hometown (Detail

ACQUISITIONS - Hometown (Details) - Hometown $ / shares in Units, $ in Thousands	Feb. 10, 2023 USD ($) item $ / shares shares
ACQUISITIONS
Number of branches operated | item	10
Total amount of merger consideration	$ 130,452
Number of company shares received for each share of acquisition company common stock | shares	0.3962
Acquisition price, cash per share | $ / shares	$ 29.16
Maximum percentage of total consideration consisting of cash	30%
Common stock issued in acquisition | shares	1,450,272
Value of shares issued in business combination	$ 115,100
Cash paid as consideration	$ 15,400

ACQUISITIONS - Hometown - Fair

ACQUISITIONS - Hometown - Fair value of assets acquired and liabilities assumed (Details) - USD ($) $ in Thousands	Feb. 10, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
ACQUISITIONS
Goodwill		$ 175,106	$ 175,106
Hometown
ACQUISITIONS
Cash, cash equivalents and securities	$ 173,572
Other investments	1,195
Loans, net	395,801
Premises and equipment, net	6,468
Core deposit intangible	16,490
Other assets	21,579
Total assets acquired	615,105			$ 615,105
Deposits	532,374
Other borrowings	4,669
Junior subordinated debentures	10,908
Other liabilities	1,613
Total liabilities assumed	549,564			549,564
Excess of assets acquired over liabilities assumed	65,541			$ 65,541
Less: purchase price	130,452
Goodwill	64,911
Refinement to fair value estimates	(30)
Goodwill (after refinement)	64,881
Hometown | Adjustments
ACQUISITIONS
Cash, cash equivalents and securities	(1,010)
Loans, net	(10,367)
Premises and equipment, net	(1,109)
Core deposit intangible	16,085
Other assets	(6,432)
Total assets acquired	(2,833)
Deposits	209
Other borrowings	(331)
Junior subordinated debentures	(1,464)
Other liabilities	1,144
Total liabilities assumed	(442)
Excess of assets acquired over liabilities assumed	(2,391)
Hometown | Previously Reported
ACQUISITIONS
Cash, cash equivalents and securities	174,582
Other investments	1,195
Loans, net	406,168
Premises and equipment, net	7,577
Core deposit intangible	405
Other assets	28,011
Total assets acquired	617,938
Deposits	532,165
Other borrowings	5,000
Junior subordinated debentures	12,372
Other liabilities	469
Total liabilities assumed	550,006
Excess of assets acquired over liabilities assumed	$ 67,932

ACQUISITIONS - Hometown - Loans

ACQUISITIONS - Hometown - Loans purchased through acquisition (Details) - Hometown $ in Thousands	Feb. 10, 2023 USD ($)
ACQUISITIONS
Purchase price of PCD loans at acquisition	$ 25,778
Non-credit discount on PCD loans at acquisition	4,498
Allowance for credit losses on PCD loans at acquisition	5,534
Par value of PCD acquired loans at acquisition	$ 35,810

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
EARNINGS PER SHARE
Antidilutive Securities excluded from computation of earnings per share, amount					0	0
Basic
Net income available to common shareholders	$ 16,059	$ 15,412	$ 14,132	$ 10,680	$ 31,471	$ 24,812
Less: Earnings allocated to participating securities	(84)		(80)		(169)	(144)
Net income available to common shareholders	$ 15,975		$ 14,052		$ 31,302	$ 24,668
Weighted average common shares outstanding including participating securities	10,078,611		10,389,790		10,155,979	10,083,026
Less: Participating securities	(52,634)		(58,065)		(54,488)	(58,467)
Average shares outstanding, basic	10,025,977		10,331,725		10,101,491	10,024,559
Basic earnings per common shares	$ 1.59		$ 1.37		$ 3.10	$ 2.46
Diluted
Net income available to common shareholders	$ 16,059	$ 15,412	$ 14,132	$ 10,680	$ 31,471	$ 24,812
Weighted average common shares outstanding for basic earnings per common share	10,025,977		10,331,725		10,101,491	10,024,559
Add: Dilutive effects of stock based compensation awards	13,885		14,850		21,073	22,728
Average shares and dilutive potential common shares	10,039,862		10,346,575		10,122,564	10,047,287
Diluted earnings per common share	$ 1.59		$ 1.37		$ 3.10	$ 2.46

SECURITIES - Summary of securit

SECURITIES - Summary of securities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Available for sale securities
Amortized Cost	$ 140,845	$ 154,318
Gross Unrealized Gains	11	86
Gross Unrealized Losses	(12,879)	(12,207)
Estimated Fair Value	127,977	142,197
Held to maturity securities
Amortized Cost	110,648	103,324
Gross Unrealized Gains	628	1,372
Gross Unrealized Losses	(1,471)	(1,070)
Estimated Fair Value	109,805	103,626
U.S. Treasury securities
Held to maturity securities
Amortized Cost	107,452	99,173
Gross Unrealized Gains	628	1,372
Gross Unrealized Losses	(1,471)	(1,070)
Estimated Fair Value	106,609	99,475
Obligations of U.S. Government sponsored agencies
Available for sale securities
Amortized Cost	30,070	31,453
Gross Unrealized Gains		4
Gross Unrealized Losses	(3,215)	(3,163)
Estimated Fair Value	26,855	28,294
Obligations of states and political subdivisions
Available for sale securities
Amortized Cost	63,007	63,929
Gross Unrealized Gains	9	77
Gross Unrealized Losses	(6,230)	(5,760)
Estimated Fair Value	56,786	58,246
Held to maturity securities
Amortized Cost	3,196	4,151
Estimated Fair Value	3,196	4,151
Mortgage-backed securities
Available for sale securities
Amortized Cost	32,103	37,789
Gross Unrealized Gains	2	5
Gross Unrealized Losses	(1,884)	(1,664)
Estimated Fair Value	30,221	36,130
Corporate notes
Available for sale securities
Amortized Cost	15,665	20,657
Gross Unrealized Losses	(1,550)	(1,619)
Estimated Fair Value	$ 14,115	19,038
Certificates of deposit
Available for sale securities
Amortized Cost		490
Gross Unrealized Losses		(1)
Estimated Fair Value		$ 489

SECURITIES - Fair value and gro

SECURITIES - Fair value and gross unrealized losses of securities with unrealized losses (Details) $ in Thousands	Jun. 30, 2024 USD ($) item	Dec. 31, 2023 USD ($) item
Available for Sale
Less Than 12 Months, Fair Value	$ 11,659	$ 24,002
Less Than 12 Months, Unrealized Losses	(162)	(407)
Greater Than 12 Months, Fair Value	111,963	102,147
Greater Than 12 Months, Unrealized Losses	(12,717)	(11,800)
Total, Fair Value	123,622	126,149
Total, Unrealized Losses	$ (12,879)	$ (12,207)
Number of Securities | item	211	204
Held to Maturity
Less Than 12 Months, Fair Value		$ 31,785
Less Than 12 Months, Unrealized Losses		(99)
Greater Than 12 Months, Fair Value		35,582
Greater Than 12 Months, Unrealized Losses		(971)
Total, Fair Value		67,367
Total, Unrealized Losses		$ (1,070)
Number of Securities | item		50
Debt Securities, Available for Sale, Allowance for credit losses	$ 0
Debt Securities, Held to maturity, Allowance for credit losses	0
U.S. Treasury securities
Held to Maturity
Less Than 12 Months, Fair Value	22,932	$ 31,785
Less Than 12 Months, Unrealized Losses	(231)	(99)
Greater Than 12 Months, Fair Value	60,789	35,362
Greater Than 12 Months, Unrealized Losses	(1,240)	(971)
Total, Fair Value	83,721	67,147
Total, Unrealized Losses	$ (1,471)	$ (1,070)
Number of Securities | item	51	49
Obligations of U.S. Government sponsored agencies
Available for Sale
Less Than 12 Months, Fair Value	$ 2,214	$ 6,519
Less Than 12 Months, Unrealized Losses	(21)	(173)
Greater Than 12 Months, Fair Value	24,641	19,519
Greater Than 12 Months, Unrealized Losses	(3,194)	(2,990)
Total, Fair Value	26,855	26,038
Total, Unrealized Losses	$ (3,215)	$ (3,163)
Number of Securities | item	27	24
Obligations of states and political subdivisions
Available for Sale
Less Than 12 Months, Fair Value	$ 7,601	$ 6,806
Less Than 12 Months, Unrealized Losses	(99)	(71)
Greater Than 12 Months, Fair Value	46,195	40,959
Greater Than 12 Months, Unrealized Losses	(6,131)	(5,689)
Total, Fair Value	53,796	47,765
Total, Unrealized Losses	$ (6,230)	$ (5,760)
Number of Securities | item	73	65
Held to Maturity
Greater Than 12 Months, Fair Value		$ 220
Total, Fair Value		$ 220
Number of Securities | item		1
Mortgage-backed securities
Available for Sale
Less Than 12 Months, Fair Value	$ 1,844	$ 5,751
Less Than 12 Months, Unrealized Losses	(42)	(95)
Greater Than 12 Months, Fair Value	28,147	28,693
Greater Than 12 Months, Unrealized Losses	(1,842)	(1,569)
Total, Fair Value	29,991	34,444
Total, Unrealized Losses	$ (1,884)	$ (1,664)
Number of Securities | item	102	104
Corporate notes
Available for Sale
Less Than 12 Months, Fair Value		$ 4,926
Less Than 12 Months, Unrealized Losses		(68)
Greater Than 12 Months, Fair Value	$ 12,980	12,487
Greater Than 12 Months, Unrealized Losses	(1,550)	(1,551)
Total, Fair Value	12,980	17,413
Total, Unrealized Losses	$ (1,550)	$ (1,619)
Number of Securities | item	9	9
Certificates of Deposits
Available for Sale
Greater Than 12 Months, Fair Value		$ 489
Greater Than 12 Months, Unrealized Losses		(1)
Total, Fair Value		489
Total, Unrealized Losses		$ (1)
Number of Securities | item		2

SECURITIES - Amortized cost and

SECURITIES - Amortized cost and estimated fair value of securities by contractual maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Available for Sale, Amortized Cost
Due in one year or less	$ 2,815
Due after one year through 5 years	16,425
Due after 5 years through ten years	39,428
Due after 10 years	50,074
Subtotal	108,742
Mortgage-backed securities	32,103
Amortized Cost	140,845	$ 154,318
Available for Sale, Estimated Fair Value
Due in one year or less	2,808
Due after one year through 5 years	16,042
Due after 5 years through ten years	35,657
Due after 10 years	43,249
Subtotal	97,756
Mortgage-backed securities	30,221
Total	127,977	142,197
Held to Maturity, Amortized Cost
Due in one year or less	21,562
Due after one year through 5 years	53,071
Due after 5 years through ten years	36,015
Subtotal	110,648
Amortized Cost	110,648	103,324
Held to Maturity, Estimated Fair Value
Due in one year or less	21,392
Due after one year through 5 years	52,035
Due after 5 years through ten years	36,378
Subtotal	109,805
Total	$ 109,805	$ 103,626

SECURITIES - Sales of securitie

SECURITIES - Sales of securities available for sate (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
SECURITIES
Carrying values of pledged securities	$ 160.4		$ 160.4		$ 204.8
Proceeds from sales of securities	$ 0	$ 0	$ 10.2	$ 34.2
Gross gains on sales				0.1
Gross losses on sales				$ 0.2

LOANS, ALLOWANCE FOR CREDIT L_3

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY - Composition of loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Loans
Subtotals	$ 3,430,640		$ 3,345,219
ACL - Loans	(45,118)	$ (44,378)	(43,609)	$ (43,409)	$ (43,316)	$ (22,680)
Loans, net of ACL - Loans	3,385,522		3,301,610
Deferred loan fees, net	(2,005)		(2,245)
Loans, net	3,383,517		3,299,365
Commercial/Industrial
Loans
Subtotals	507,895		488,498
ACL - Loans	(5,755)		(5,965)	(7,150)		(4,071)
Commercial real estate-owner occupied
Loans
Subtotals	921,204		893,977
ACL - Loans	(13,338)		(12,285)	(12,851)		(5,204)
Commercial real estate - non-owner occupied
Loans
Subtotals	472,392		473,829
ACL - Loans	(5,639)		(5,700)	(4,734)		(2,644)
Multi-family
Loans
Subtotals	333,660		332,959
ACL - Loans	(4,670)		(4,754)	(3,665)		(2,761)
Construction and development
Loans
Subtotals	230,791		201,823
ACL - Loans	(4,169)		(3,597)	(3,238)		(1,592)
Residential 1-4 Family
Loans
Subtotals	896,957		888,412
ACL - Loans	(10,809)		(10,620)	(10,645)		(5,944)
Consumer
Loans
Subtotals	52,946		50,741
ACL - Loans	(610)		(615)	(1,013)		(314)
Other
Loans
Subtotals	14,795		14,980
ACL - Loans	$ (128)		$ (73)	$ (113)		$ (150)

LOANS, ALLOWANCE FOR CREDIT L_4

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY - Activity in the ACL (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Loans
ACL - Loans, Beginning balance	$ 44,378	$ 43,316	$ 43,609	$ 22,680	$ 22,680
ACL on PCD loans acquired				5,534	5,534
Charge-offs	(25)	(46)	(77)	(55)	(88)
Recoveries	265	139	886	186	219
Net recoveries	240	93	809	131	131
Provision	500		700	4,092	4,292
ACL - Loans, Ending balance	45,118	43,409	45,118	43,409	43,609
Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				10,972	10,972
Commercial/Industrial
Loans
ACL - Loans, Beginning balance			5,965	4,071	4,071
ACL on PCD loans acquired				1,082
Charge-offs			(17)
Recoveries			2	3
Provision			(195)	135
ACL - Loans, Ending balance	5,755	7,150	5,755	7,150	5,965
Commercial/Industrial | Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				1,859	1,859
Commercial real estate-owner occupied
Loans
ACL - Loans, Beginning balance			12,285	5,204	5,204
ACL on PCD loans acquired				4,424
Charge-offs			(1)
Recoveries			861	70
Provision			193	1,171
ACL - Loans, Ending balance	13,338	12,851	13,338	12,851	12,285
Commercial real estate-owner occupied | Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				1,982	1,982
Commercial real estate - non-owner occupied
Loans
ACL - Loans, Beginning balance			5,700	2,644	2,644
Provision			(61)	929
ACL - Loans, Ending balance	5,639	4,734	5,639	4,734	5,700
Commercial real estate - non-owner occupied | Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				1,161	1,161
Multi-family
Loans
ACL - Loans, Beginning balance			4,754	2,761	2,761
Provision			(84)	151
ACL - Loans, Ending balance	4,670	3,665	4,670	3,665	4,754
Multi-family | Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				753	753
Construction and development
Loans
ACL - Loans, Beginning balance			3,597	1,592	1,592
Provision			572	(417)
ACL - Loans, Ending balance	4,169	3,238	4,169	3,238	3,597
Construction and development | Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				2,063	2,063
Residential 1-4 Family
Loans
ACL - Loans, Beginning balance			10,620	5,944	5,944
ACL on PCD loans acquired				28
Charge-offs			(1)
Recoveries			6	102
Provision			184	2,004
ACL - Loans, Ending balance	10,809	10,645	10,809	10,645	10,620
Residential 1-4 Family | Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				2,567	2,567
Consumer
Loans
ACL - Loans, Beginning balance			615	314	314
Charge-offs			(6)
Recoveries			2	3
Provision			(1)	76
ACL - Loans, Ending balance	610	1,013	610	1,013	615
Consumer | Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				620	620
Other
Loans
ACL - Loans, Beginning balance			73	150	150
Charge-offs			(52)	(55)
Recoveries			15	8
Provision			92	43
ACL - Loans, Ending balance	$ 128	$ 113	$ 128	113	73
Other | Adoption of ASU 2016-13
Loans
ACL - Loans, Beginning balance				$ (33)	$ (33)

LOANS, ALLOWANCE FOR CREDIT L_5

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY - Provisions for credit losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Provision for credit losses on:
Loans	$ 500		$ 700	$ 4,092	$ 4,292
Unfunded commitments	(500)	$ 90	(500)	90	390
Total provision for credit losses			200	$ 4,182	4,682
Other liabilities
Loans
Reserve for unfunded commitments	$ 3,300		$ 3,300		$ 3,800

LOANS, ALLOWANCE FOR CREDIT L_6

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY - Past due and non-accrual loans (Details) - Past Due - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Loans
30-89 Days Past Due Accruing	$ 706	$ 5,436
90 Days or more Past Due and Accruing	3,385	893
Non-Accrual	7,283	5,662
Total	11,374	11,991
Non-Accrual with no specifically allocated ACL	260	1,113
Commercial/Industrial
Loans
30-89 Days Past Due Accruing	2	4,303
90 Days or more Past Due and Accruing	15	106
Non-Accrual	4,301	1,344
Total	4,318	5,753
Non-Accrual with no specifically allocated ACL	19	365
Commercial real estate-owner occupied
Loans
30-89 Days Past Due Accruing		180
90 Days or more Past Due and Accruing	2,477	252
Non-Accrual	2,754	3,877
Total	5,231	4,309
Non-Accrual with no specifically allocated ACL	13	343
Commercial real estate - non-owner occupied
Loans
30-89 Days Past Due Accruing	80	14
Total	80	14
Residential 1-4 Family
Loans
30-89 Days Past Due Accruing	528	871
90 Days or more Past Due and Accruing	874	507
Non-Accrual	218	429
Total	1,620	1,807
Non-Accrual with no specifically allocated ACL	218	394
Consumer
Loans
30-89 Days Past Due Accruing	96	68
90 Days or more Past Due and Accruing	19	28
Non-Accrual	10	12
Total	125	108
Non-Accrual with no specifically allocated ACL	$ 10	$ 11

LOANS, ALLOWANCE FOR CREDIT L_7

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY - Collateral dependent loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Loans
Without an Allowance	$ 707	$ 876
With an Allowance	13,517	12,610
Allowance Allocation	4,571	4,245
Total
Loans
Collateral dependent loans	14,224	13,486
Real Estate
Loans
Collateral dependent loans	9,919	8,166
Other Business Assets
Loans
Collateral dependent loans	4,305	5,320
Commercial/Industrial
Loans
Without an Allowance		47
With an Allowance	4,305	5,273
Allowance Allocation	842	1,089
Commercial/Industrial | Total
Loans
Collateral dependent loans	4,305	5,320
Commercial/Industrial | Other Business Assets
Loans
Collateral dependent loans	4,305	5,320
Commercial real estate-owner occupied
Loans
Without an Allowance		794
With an Allowance	9,212	7,337
Allowance Allocation	3,729	3,156
Commercial real estate-owner occupied | Total
Loans
Collateral dependent loans	9,212	8,131
Commercial real estate-owner occupied | Real Estate
Loans
Collateral dependent loans	9,212	8,131
Construction and development
Loans
Without an Allowance	707
Construction and development | Total
Loans
Collateral dependent loans	707
Construction and development | Real Estate
Loans
Collateral dependent loans	$ 707
Residential 1-4 Family
Loans
Without an Allowance		35
Residential 1-4 Family | Total
Loans
Collateral dependent loans		35
Residential 1-4 Family | Real Estate
Loans
Collateral dependent loans		$ 35

LOANS, ALLOWANCE FOR CREDIT L_8

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY - Total loans by risk ratings and year of origination (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Loans
Total loans	$ 3,430,640	$ 3,345,219
Current-period gross charge-offs	77	88
2024
Loans
Total loans	202,442
2023
Loans
Total loans	453,629	422,660
2022
Loans
Total loans	644,412	673,206
Current-period gross charge-offs	3
2021
Loans
Total loans	728,755	781,990
Current-period gross charge-offs	15
2020
Loans
Total loans	456,600	489,813
Current-period gross charge-offs	3
2019
Loans
Total loans		208,380
Prior to 2020
Loans
Total loans	651,637
Current-period gross charge-offs	4
Prior to 2019
Loans
Total loans		508,205
Revolving
Loans
Total loans	293,165	260,965
Current-period gross charge-offs	52	88
Commercial/Industrial
Loans
Total loans	507,895	488,498
Current-period gross charge-offs	17
Commercial/Industrial | 2024
Loans
Total loans	56,478
Commercial/Industrial | 2023
Loans
Total loans	66,485	66,689
Commercial/Industrial | 2022
Loans
Total loans	126,542	139,200
Commercial/Industrial | 2021
Loans
Total loans	69,112	80,352
Current-period gross charge-offs	15
Commercial/Industrial | 2020
Loans
Total loans	49,480	61,317
Commercial/Industrial | 2019
Loans
Total loans		11,590
Commercial/Industrial | Prior to 2020
Loans
Total loans	28,265
Current-period gross charge-offs	2
Commercial/Industrial | Prior to 2019
Loans
Total loans		25,301
Commercial/Industrial | Revolving
Loans
Total loans	111,533	104,049
Commercial/Industrial | Grades 1-4
Loans
Total loans	382,997	419,835
Commercial/Industrial | Grades 1-4 | 2024
Loans
Total loans	46,155
Commercial/Industrial | Grades 1-4 | 2023
Loans
Total loans	56,427	59,526
Commercial/Industrial | Grades 1-4 | 2022
Loans
Total loans	74,025	133,469
Commercial/Industrial | Grades 1-4 | 2021
Loans
Total loans	56,328	62,894
Commercial/Industrial | Grades 1-4 | 2020
Loans
Total loans	45,320	54,552
Commercial/Industrial | Grades 1-4 | 2019
Loans
Total loans		10,380
Commercial/Industrial | Grades 1-4 | Prior to 2020
Loans
Total loans	24,366
Commercial/Industrial | Grades 1-4 | Prior to 2019
Loans
Total loans		20,575
Commercial/Industrial | Grades 1-4 | Revolving
Loans
Total loans	80,376	78,439
Commercial/Industrial | Grade 5
Loans
Total loans	108,126	52,982
Commercial/Industrial | Grade 5 | 2024
Loans
Total loans	9,817
Commercial/Industrial | Grade 5 | 2023
Loans
Total loans	8,843	6,127
Commercial/Industrial | Grade 5 | 2022
Loans
Total loans	52,195	5,367
Commercial/Industrial | Grade 5 | 2021
Loans
Total loans	7,612	11,641
Commercial/Industrial | Grade 5 | 2020
Loans
Total loans	2,889	4,208
Commercial/Industrial | Grade 5 | 2019
Loans
Total loans		1,180
Commercial/Industrial | Grade 5 | Prior to 2020
Loans
Total loans	2,368
Commercial/Industrial | Grade 5 | Prior to 2019
Loans
Total loans		3,039
Commercial/Industrial | Grade 5 | Revolving
Loans
Total loans	24,402	21,420
Commercial/Industrial | Grade 6
Loans
Total loans	5,626	1,658
Commercial/Industrial | Grade 6 | 2023
Loans
Total loans	837	671
Commercial/Industrial | Grade 6 | 2022
Loans
Total loans	82	93
Commercial/Industrial | Grade 6 | 2021
Loans
Total loans	578	61
Commercial/Industrial | Grade 6 | 2020
Loans
Total loans	122	206
Commercial/Industrial | Grade 6 | Prior to 2020
Loans
Total loans	211
Commercial/Industrial | Grade 6 | Revolving
Loans
Total loans	3,796	627
Commercial/Industrial | Grade 7
Loans
Total loans	11,146	14,023
Commercial/Industrial | Grade 7 | 2024
Loans
Total loans	506
Commercial/Industrial | Grade 7 | 2023
Loans
Total loans	378	365
Commercial/Industrial | Grade 7 | 2022
Loans
Total loans	240	271
Commercial/Industrial | Grade 7 | 2021
Loans
Total loans	4,594	5,756
Commercial/Industrial | Grade 7 | 2020
Loans
Total loans	1,149	2,351
Commercial/Industrial | Grade 7 | 2019
Loans
Total loans		30
Commercial/Industrial | Grade 7 | Prior to 2020
Loans
Total loans	1,320
Commercial/Industrial | Grade 7 | Prior to 2019
Loans
Total loans		1,687
Commercial/Industrial | Grade 7 | Revolving
Loans
Total loans	2,959	3,563
Commercial real estate-owner occupied
Loans
Total loans	921,204	893,977
Current-period gross charge-offs	1
Commercial real estate-owner occupied | 2024
Loans
Total loans	42,128
Commercial real estate-owner occupied | 2023
Loans
Total loans	72,537	65,968
Commercial real estate-owner occupied | 2022
Loans
Total loans	141,097	141,070
Commercial real estate-owner occupied | 2021
Loans
Total loans	198,900	203,769
Commercial real estate-owner occupied | 2020
Loans
Total loans	116,875	124,058
Commercial real estate-owner occupied | 2019
Loans
Total loans		73,925
Commercial real estate-owner occupied | Prior to 2020
Loans
Total loans	272,420
Current-period gross charge-offs	1
Commercial real estate-owner occupied | Prior to 2019
Loans
Total loans		227,094
Commercial real estate-owner occupied | Revolving
Loans
Total loans	77,247	58,093
Commercial real estate-owner occupied | Grades 1-4
Loans
Total loans	706,449	695,151
Commercial real estate-owner occupied | Grades 1-4 | 2024
Loans
Total loans	24,487
Commercial real estate-owner occupied | Grades 1-4 | 2023
Loans
Total loans	61,890	55,239
Commercial real estate-owner occupied | Grades 1-4 | 2022
Loans
Total loans	106,742	105,187
Commercial real estate-owner occupied | Grades 1-4 | 2021
Loans
Total loans	154,122	167,124
Commercial real estate-owner occupied | Grades 1-4 | 2020
Loans
Total loans	101,966	108,680
Commercial real estate-owner occupied | Grades 1-4 | 2019
Loans
Total loans		47,115
Commercial real estate-owner occupied | Grades 1-4 | Prior to 2020
Loans
Total loans	204,971
Commercial real estate-owner occupied | Grades 1-4 | Prior to 2019
Loans
Total loans		178,586
Commercial real estate-owner occupied | Grades 1-4 | Revolving
Loans
Total loans	52,271	33,220
Commercial real estate-owner occupied | Grade 5
Loans
Total loans	149,268	129,031
Commercial real estate-owner occupied | Grade 5 | 2024
Loans
Total loans	17,641
Commercial real estate-owner occupied | Grade 5 | 2023
Loans
Total loans	7,124	7,586
Commercial real estate-owner occupied | Grade 5 | 2022
Loans
Total loans	24,876	24,734
Commercial real estate-owner occupied | Grade 5 | 2021
Loans
Total loans	33,421	24,890
Commercial real estate-owner occupied | Grade 5 | 2020
Loans
Total loans	12,603	12,955
Commercial real estate-owner occupied | Grade 5 | 2019
Loans
Total loans		11,168
Commercial real estate-owner occupied | Grade 5 | Prior to 2020
Loans
Total loans	32,025
Commercial real estate-owner occupied | Grade 5 | Prior to 2019
Loans
Total loans		26,179
Commercial real estate-owner occupied | Grade 5 | Revolving
Loans
Total loans	21,578	21,519
Commercial real estate-owner occupied | Grade 6
Loans
Total loans	11,885	11,083
Commercial real estate-owner occupied | Grade 6 | 2023
Loans
Total loans	815
Commercial real estate-owner occupied | Grade 6 | 2022
Loans
Total loans	2,098	1,161
Commercial real estate-owner occupied | Grade 6 | 2021
Loans
Total loans	3,231	1,694
Commercial real estate-owner occupied | Grade 6 | 2020
Loans
Total loans	96	110
Commercial real estate-owner occupied | Grade 6 | 2019
Loans
Total loans		867
Commercial real estate-owner occupied | Grade 6 | Prior to 2020
Loans
Total loans	5,060
Commercial real estate-owner occupied | Grade 6 | Prior to 2019
Loans
Total loans		6,552
Commercial real estate-owner occupied | Grade 6 | Revolving
Loans
Total loans	585	699
Commercial real estate-owner occupied | Grade 7
Loans
Total loans	53,602	58,712
Commercial real estate-owner occupied | Grade 7 | 2023
Loans
Total loans	2,708	3,143
Commercial real estate-owner occupied | Grade 7 | 2022
Loans
Total loans	7,381	9,988
Commercial real estate-owner occupied | Grade 7 | 2021
Loans
Total loans	8,126	10,061
Commercial real estate-owner occupied | Grade 7 | 2020
Loans
Total loans	2,210	2,313
Commercial real estate-owner occupied | Grade 7 | 2019
Loans
Total loans		14,775
Commercial real estate-owner occupied | Grade 7 | Prior to 2020
Loans
Total loans	30,364
Commercial real estate-owner occupied | Grade 7 | Prior to 2019
Loans
Total loans		15,777
Commercial real estate-owner occupied | Grade 7 | Revolving
Loans
Total loans	2,813	2,655
Commercial real estate - non-owner occupied
Loans
Total loans	472,392	473,829
Commercial real estate - non-owner occupied | 2024
Loans
Total loans	20,445
Commercial real estate - non-owner occupied | 2023
Loans
Total loans	52,715	55,718
Commercial real estate - non-owner occupied | 2022
Loans
Total loans	70,536	77,155
Commercial real estate - non-owner occupied | 2021
Loans
Total loans	142,017	130,386
Commercial real estate - non-owner occupied | 2020
Loans
Total loans	54,253	57,223
Commercial real estate - non-owner occupied | 2019
Loans
Total loans		48,717
Commercial real estate - non-owner occupied | Prior to 2020
Loans
Total loans	122,177
Commercial real estate - non-owner occupied | Prior to 2019
Loans
Total loans		94,760
Commercial real estate - non-owner occupied | Revolving
Loans
Total loans	10,249	9,870
Commercial real estate - non-owner occupied | Grades 1-4
Loans
Total loans	437,396	447,798
Commercial real estate - non-owner occupied | Grades 1-4 | 2024
Loans
Total loans	18,879
Commercial real estate - non-owner occupied | Grades 1-4 | 2023
Loans
Total loans	51,557	54,774
Commercial real estate - non-owner occupied | Grades 1-4 | 2022
Loans
Total loans	68,458	72,336
Commercial real estate - non-owner occupied | Grades 1-4 | 2021
Loans
Total loans	132,059	127,450
Commercial real estate - non-owner occupied | Grades 1-4 | 2020
Loans
Total loans	50,282	53,341
Commercial real estate - non-owner occupied | Grades 1-4 | 2019
Loans
Total loans		45,898
Commercial real estate - non-owner occupied | Grades 1-4 | Prior to 2020
Loans
Total loans	105,912
Commercial real estate - non-owner occupied | Grades 1-4 | Prior to 2019
Loans
Total loans		84,129
Commercial real estate - non-owner occupied | Grades 1-4 | Revolving
Loans
Total loans	10,249	9,870
Commercial real estate - non-owner occupied | Grade 5
Loans
Total loans	31,502	22,329
Commercial real estate - non-owner occupied | Grade 5 | 2024
Loans
Total loans	1,566
Commercial real estate - non-owner occupied | Grade 5 | 2023
Loans
Total loans	1,158	944
Commercial real estate - non-owner occupied | Grade 5 | 2022
Loans
Total loans	2,078	4,819
Commercial real estate - non-owner occupied | Grade 5 | 2021
Loans
Total loans	9,895	2,872
Commercial real estate - non-owner occupied | Grade 5 | 2020
Loans
Total loans	3,612	3,516
Commercial real estate - non-owner occupied | Grade 5 | 2019
Loans
Total loans		97
Commercial real estate - non-owner occupied | Grade 5 | Prior to 2020
Loans
Total loans	13,193
Commercial real estate - non-owner occupied | Grade 5 | Prior to 2019
Loans
Total loans		10,081
Commercial real estate - non-owner occupied | Grade 6
Loans
Total loans	2,872
Commercial real estate - non-owner occupied | Grade 6 | Prior to 2020
Loans
Total loans	2,872
Commercial real estate - non-owner occupied | Grade 7
Loans
Total loans	622	3,702
Commercial real estate - non-owner occupied | Grade 7 | 2021
Loans
Total loans	63	64
Commercial real estate - non-owner occupied | Grade 7 | 2020
Loans
Total loans	359	366
Commercial real estate - non-owner occupied | Grade 7 | 2019
Loans
Total loans		2,722
Commercial real estate - non-owner occupied | Grade 7 | Prior to 2020
Loans
Total loans	200
Commercial real estate - non-owner occupied | Grade 7 | Prior to 2019
Loans
Total loans		550
Commercial real estate - multi-family
Loans
Total loans		332,959
Commercial real estate - multi-family | 2023
Loans
Total loans		25,771
Commercial real estate - multi-family | 2022
Loans
Total loans		29,236
Commercial real estate - multi-family | 2021
Loans
Total loans		114,464
Commercial real estate - multi-family | 2020
Loans
Total loans		74,083
Commercial real estate - multi-family | 2019
Loans
Total loans		25,640
Commercial real estate - multi-family | Prior to 2019
Loans
Total loans		61,616
Commercial real estate - multi-family | Revolving
Loans
Total loans		2,149
Commercial real estate - multi-family | Grades 1-4
Loans
Total loans		320,508
Commercial real estate - multi-family | Grades 1-4 | 2023
Loans
Total loans		25,099
Commercial real estate - multi-family | Grades 1-4 | 2022
Loans
Total loans		28,144
Commercial real estate - multi-family | Grades 1-4 | 2021
Loans
Total loans		103,804
Commercial real estate - multi-family | Grades 1-4 | 2020
Loans
Total loans		74,083
Commercial real estate - multi-family | Grades 1-4 | 2019
Loans
Total loans		25,640
Commercial real estate - multi-family | Grades 1-4 | Prior to 2019
Loans
Total loans		61,589
Commercial real estate - multi-family | Grades 1-4 | Revolving
Loans
Total loans		2,149
Commercial real estate - multi-family | Grade 5
Loans
Total loans		12,451
Commercial real estate - multi-family | Grade 5 | 2023
Loans
Total loans		672
Commercial real estate - multi-family | Grade 5 | 2022
Loans
Total loans		1,092
Commercial real estate - multi-family | Grade 5 | 2021
Loans
Total loans		10,660
Commercial real estate - multi-family | Grade 5 | Prior to 2019
Loans
Total loans		27
Multi-family
Loans
Total loans	333,660	332,959
Multi-family | 2024
Loans
Total loans	2,064
Multi-family | 2023
Loans
Total loans	25,901
Multi-family | 2022
Loans
Total loans	34,505
Multi-family | 2021
Loans
Total loans	104,903
Multi-family | 2020
Loans
Total loans	73,174
Multi-family | Prior to 2020
Loans
Total loans	92,032
Multi-family | Revolving
Loans
Total loans	1,081
Multi-family | Grades 1-4
Loans
Total loans	322,696
Multi-family | Grades 1-4 | 2024
Loans
Total loans	1,280
Multi-family | Grades 1-4 | 2023
Loans
Total loans	25,021
Multi-family | Grades 1-4 | 2022
Loans
Total loans	32,624
Multi-family | Grades 1-4 | 2021
Loans
Total loans	100,662
Multi-family | Grades 1-4 | 2020
Loans
Total loans	73,174
Multi-family | Grades 1-4 | Prior to 2020
Loans
Total loans	88,854
Multi-family | Grades 1-4 | Revolving
Loans
Total loans	1,081
Multi-family | Grade 5
Loans
Total loans	7,912
Multi-family | Grade 5 | 2024
Loans
Total loans	784
Multi-family | Grade 5 | 2023
Loans
Total loans	880
Multi-family | Grade 5 | 2022
Loans
Total loans	1,881
Multi-family | Grade 5 | 2021
Loans
Total loans	4,241
Multi-family | Grade 5 | Prior to 2020
Loans
Total loans	126
Multi-family | Grade 7
Loans
Total loans	3,052
Multi-family | Grade 7 | Prior to 2020
Loans
Total loans	3,052
Construction and development
Loans
Total loans	230,791	201,823
Construction and development | 2024
Loans
Total loans	18,091
Construction and development | 2023
Loans
Total loans	117,304	77,637
Construction and development | 2022
Loans
Total loans	65,558	68,586
Construction and development | 2021
Loans
Total loans	16,066	41,077
Construction and development | 2020
Loans
Total loans	5,506	5,928
Construction and development | 2019
Loans
Total loans		1,853
Construction and development | Prior to 2020
Loans
Total loans	6,649
Construction and development | Prior to 2019
Loans
Total loans		5,155
Construction and development | Revolving
Loans
Total loans	1,617	1,587
Construction and development | Grades 1-4
Loans
Total loans	194,828	179,473
Construction and development | Grades 1-4 | 2024
Loans
Total loans	17,960
Construction and development | Grades 1-4 | 2023
Loans
Total loans	88,626	65,134
Construction and development | Grades 1-4 | 2022
Loans
Total loans	65,032	67,396
Construction and development | Grades 1-4 | 2021
Loans
Total loans	12,308	35,017
Construction and development | Grades 1-4 | 2020
Loans
Total loans	4,645	5,013
Construction and development | Grades 1-4 | 2019
Loans
Total loans		1,853
Construction and development | Grades 1-4 | Prior to 2020
Loans
Total loans	5,691
Construction and development | Grades 1-4 | Prior to 2019
Loans
Total loans		4,281
Construction and development | Grades 1-4 | Revolving
Loans
Total loans	566	779
Construction and development | Grade 5
Loans
Total loans	29,328	20,681
Construction and development | Grade 5 | 2024
Loans
Total loans	131
Construction and development | Grade 5 | 2023
Loans
Total loans	25,481	11,796
Construction and development | Grade 5 | 2022
Loans
Total loans	526	1,190
Construction and development | Grade 5 | 2021
Loans
Total loans	1,261	6,060
Construction and development | Grade 5 | 2020
Loans
Total loans	695	743
Construction and development | Grade 5 | Prior to 2020
Loans
Total loans	183
Construction and development | Grade 5 | Prior to 2019
Loans
Total loans		84
Construction and development | Grade 5 | Revolving
Loans
Total loans	1,051	808
Construction and development | Grade 6
Loans
Total loans	4,987
Construction and development | Grade 6 | 2023
Loans
Total loans	2,490
Construction and development | Grade 6 | 2021
Loans
Total loans	2,497
Construction and development | Grade 7
Loans
Total loans	1,648	1,669
Construction and development | Grade 7 | 2023
Loans
Total loans	707	707
Construction and development | Grade 7 | 2020
Loans
Total loans	166	172
Construction and development | Grade 7 | Prior to 2020
Loans
Total loans	775
Construction and development | Grade 7 | Prior to 2019
Loans
Total loans		790
Residential 1-4 Family
Loans
Total loans	896,957	888,412
Current-period gross charge-offs	1
Residential 1-4 Family | 2024
Loans
Total loans	46,240
Residential 1-4 Family | 2023
Loans
Total loans	102,774	106,819
Residential 1-4 Family | 2022
Loans
Total loans	195,370	204,799
Residential 1-4 Family | 2021
Loans
Total loans	192,251	204,821
Residential 1-4 Family | 2020
Loans
Total loans	153,319	161,630
Residential 1-4 Family | 2019
Loans
Total loans		45,423
Residential 1-4 Family | Prior to 2020
Loans
Total loans	118,622
Current-period gross charge-offs	1
Residential 1-4 Family | Prior to 2019
Loans
Total loans		83,236
Residential 1-4 Family | Revolving
Loans
Total loans	88,381	81,684
Residential 1-4 Family | Grades 1-4
Loans
Total loans	871,628	862,740
Residential 1-4 Family | Grades 1-4 | 2024
Loans
Total loans	43,807
Residential 1-4 Family | Grades 1-4 | 2023
Loans
Total loans	98,818	102,529
Residential 1-4 Family | Grades 1-4 | 2022
Loans
Total loans	188,160	199,295
Residential 1-4 Family | Grades 1-4 | 2021
Loans
Total loans	188,302	197,713
Residential 1-4 Family | Grades 1-4 | 2020
Loans
Total loans	151,373	160,489
Residential 1-4 Family | Grades 1-4 | 2019
Loans
Total loans		44,411
Residential 1-4 Family | Grades 1-4 | Prior to 2020
Loans
Total loans	113,386
Residential 1-4 Family | Grades 1-4 | Prior to 2019
Loans
Total loans		77,644
Residential 1-4 Family | Grades 1-4 | Revolving
Loans
Total loans	87,782	80,659
Residential 1-4 Family | Grade 5
Loans
Total loans	18,609	18,704
Residential 1-4 Family | Grade 5 | 2024
Loans
Total loans	2,433
Residential 1-4 Family | Grade 5 | 2023
Loans
Total loans	3,489	3,816
Residential 1-4 Family | Grade 5 | 2022
Loans
Total loans	6,574	4,819
Residential 1-4 Family | Grade 5 | 2021
Loans
Total loans	2,906	6,269
Residential 1-4 Family | Grade 5 | 2020
Loans
Total loans	215	119
Residential 1-4 Family | Grade 5 | 2019
Loans
Total loans		612
Residential 1-4 Family | Grade 5 | Prior to 2020
Loans
Total loans	2,567
Residential 1-4 Family | Grade 5 | Prior to 2019
Loans
Total loans		2,465
Residential 1-4 Family | Grade 5 | Revolving
Loans
Total loans	425	604
Residential 1-4 Family | Grade 6
Loans
Total loans	648	1,716
Residential 1-4 Family | Grade 6 | 2023
Loans
Total loans	155	158
Residential 1-4 Family | Grade 6 | 2022
Loans
Total loans	315	319
Residential 1-4 Family | Grade 6 | 2021
Loans
Total loans		810
Residential 1-4 Family | Grade 6 | Prior to 2020
Loans
Total loans	178
Residential 1-4 Family | Grade 6 | Prior to 2019
Loans
Total loans		180
Residential 1-4 Family | Grade 6 | Revolving
Loans
Total loans		249
Residential 1-4 Family | Grade 7
Loans
Total loans	6,072	5,252
Residential 1-4 Family | Grade 7 | 2023
Loans
Total loans	312	316
Residential 1-4 Family | Grade 7 | 2022
Loans
Total loans	321	366
Residential 1-4 Family | Grade 7 | 2021
Loans
Total loans	1,043	29
Residential 1-4 Family | Grade 7 | 2020
Loans
Total loans	1,731	1,022
Residential 1-4 Family | Grade 7 | 2019
Loans
Total loans		400
Residential 1-4 Family | Grade 7 | Prior to 2020
Loans
Total loans	2,491
Residential 1-4 Family | Grade 7 | Prior to 2019
Loans
Total loans		2,947
Residential 1-4 Family | Grade 7 | Revolving
Loans
Total loans	174	172
Consumer
Loans
Total loans	52,946	50,741
Current-period gross charge-offs	6	4
Consumer | 2024
Loans
Total loans	16,137
Consumer | 2023
Loans
Total loans	15,728	23,711
Consumer | 2022
Loans
Total loans	10,169	12,497
Current-period gross charge-offs	3
Consumer | 2021
Loans
Total loans	5,007	6,570
Consumer | 2020
Loans
Total loans	3,434	4,498
Current-period gross charge-offs	3
Consumer | 2019
Loans
Total loans		1,194
Consumer | Prior to 2020
Loans
Total loans	1,970
Consumer | Prior to 2019
Loans
Total loans		1,346
Consumer | Revolving
Loans
Total loans	501	925
Current-period gross charge-offs		4
Consumer | Grades 1-4
Loans
Total loans	52,927	50,721
Consumer | Grades 1-4 | 2024
Loans
Total loans	16,137
Consumer | Grades 1-4 | 2023
Loans
Total loans	15,728	23,711
Consumer | Grades 1-4 | 2022
Loans
Total loans	10,169	12,497
Consumer | Grades 1-4 | 2021
Loans
Total loans	5,007	6,570
Consumer | Grades 1-4 | 2020
Loans
Total loans	3,434	4,498
Consumer | Grades 1-4 | 2019
Loans
Total loans		1,194
Consumer | Grades 1-4 | Prior to 2020
Loans
Total loans	1,951
Consumer | Grades 1-4 | Prior to 2019
Loans
Total loans		1,326
Consumer | Grades 1-4 | Revolving
Loans
Total loans	501	925
Consumer | Grade 7
Loans
Total loans	19	20
Consumer | Grade 7 | Prior to 2020
Loans
Total loans	19
Consumer | Grade 7 | Prior to 2019
Loans
Total loans		20
Other
Loans
Total loans	14,795	14,980
Current-period gross charge-offs	52	84
Other | 2024
Loans
Total loans	859
Other | 2023
Loans
Total loans	185	347
Other | 2022
Loans
Total loans	635	663
Other | 2021
Loans
Total loans	499	551
Other | 2020
Loans
Total loans	559	1,076
Other | 2019
Loans
Total loans		38
Other | Prior to 2020
Loans
Total loans	9,502
Other | Prior to 2019
Loans
Total loans		9,697
Other | Revolving
Loans
Total loans	2,556	2,608
Current-period gross charge-offs	52	84
Other | Grades 1-4
Loans
Total loans	14,712	14,892
Other | Grades 1-4 | 2024
Loans
Total loans	859
Other | Grades 1-4 | 2023
Loans
Total loans	185	347
Other | Grades 1-4 | 2022
Loans
Total loans	635	663
Other | Grades 1-4 | 2021
Loans
Total loans	499	551
Other | Grades 1-4 | 2020
Loans
Total loans	559	1,076
Other | Grades 1-4 | 2019
Loans
Total loans		38
Other | Grades 1-4 | Prior to 2020
Loans
Total loans	9,502
Other | Grades 1-4 | Prior to 2019
Loans
Total loans		9,697
Other | Grades 1-4 | Revolving
Loans
Total loans	2,473	2,520
Other | Grade 5
Loans
Total loans	83	88
Other | Grade 5 | Revolving
Loans
Total loans	$ 83	$ 88

MORTGAGE SERVICING RIGHTS (Deta

MORTGAGE SERVICING RIGHTS (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024 USD ($) item M	Dec. 31, 2023 USD ($) M item
Mortgage Servicing Rights
Fair value at beginning of period	$ 13,668	$ 9,582
Servicing asset additions	488	879
Loan payments and payoffs	(819)	(1,624)
Changes in valuation inputs and assumptions used in the valuation model	357	1,140
Amount recognized through earnings	26	395
MSR asset acquired		3,691
Fair value at end of period	13,694	13,668
Unpaid principal balance of loans serviced for others	$ 1,164,785	$ 1,175,709
MSR asset, measurement input	0.0118	0.0116
Measurement Input, Prepayment Rate
Mortgage Servicing Rights
MSR asset, measurement input | M	7.8	7.5
Measurement Input, Discount Rate
Mortgage Servicing Rights
MSR asset, measurement input | item	0.1019	0.1019

NOTES PAYABLE - FHLB advances (

NOTES PAYABLE - FHLB advances (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Notes Payable
Notes payable, before adjustments	$ 90,508	$ 35,508
Purchase accounting adjustment	(187)	(238)
Total notes payable	$ 90,321	35,270
Fixed rate, fixed term, Maturity 06/30/2025
Notes Payable
Rate	5.16%
Notes payable, before adjustments	$ 25,000
Fixed rate, fixed term, Maturity 03/23/2026
Notes Payable
Rate	4.02%
Notes payable, before adjustments	$ 10,000	10,000
Fixed rate, fixed term, Maturity 05/26/2026
Notes Payable
Rate	1.95%
Notes payable, before adjustments	$ 5,000	5,000
Fixed rate, foxed term, Maturity 06/29/2026
Notes Payable
Rate	4.77%
Notes payable, before adjustments	$ 15,000
Fixed rate, fixed term, Maturity 03/23/2027
Notes Payable
Rate	3.91%
Notes payable, before adjustments	$ 10,000	10,000
Fixed rate, fixed term, Maturity 06/28/2027
Notes Payable
Rate	4.57%
Notes payable, before adjustments	$ 15,000
Fixed rate, fixed term, Maturity 03/23/2028
Notes Payable
Rate	3.85%
Notes payable, before adjustments	$ 10,000	10,000
Fixed rate, fixed term, Maturity 04/22/2030
Notes Payable
Rate	0%
Notes payable, before adjustments	$ 508	$ 508

NOTES PAYABLE - Future maturiti

NOTES PAYABLE - Future maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
NOTES PAYABLE
1 year or less	$ 25,000
1 to 2 years	30,000
2 to 3 years	25,000	$ 15,000
3 to 4 years	10,000	10,000
4 to 5 years		10,000
Over 5 years	508	508
Total	$ 90,508	$ 35,508

NOTES PAYABLE - Additional Info

NOTES PAYABLE - Additional Information (Details) $ in Millions	Jun. 30, 2024 USD ($)
NOTES PAYABLE
Borrowing availability at the FHLB	$ 737.1

SUBORDINATED NOTES AND JUNIOR_2

SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES (Details)	1 Months Ended	18 Months Ended
	Jul. 31, 2020 USD ($)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Feb. 28, 2023 USD ($)
SUBORDINATED NOTES
Subordinated notes, outstanding balance		$ 12,000,000	$ 12,000,000
Subordinated Notes, July 2020
SUBORDINATED NOTES
Number of banks participating in note agreement	2
Maximum borrowing capacity per bank	$ 6,000,000
Maximum borrowing capacity	$ 12,000,000
Subordinated notes, outstanding balance		6,000,000	6,000,000
Maturity term	10 years
Interest at fixed rate (as a percent)	5%
Subordinated Notes, August 2022
SUBORDINATED NOTES
Subordinated notes, outstanding balance		$ 6,000,000	$ 6,000,000
Maturity term		10 years
Interest at fixed rate (as a percent)		5.25%
Junior subordinated Notes, Hometown Bancorp, Ltd. Capital Trust I and II
SUBORDINATED NOTES
Applicable discounts				$ 1,500,000
Tier 1 capital				12,000,000
Junior subordinated Notes, Hometown Bancorp, Ltd. Capital Trust I
SUBORDINATED NOTES
Junior subordinated notes, outstanding balance				4,100,000
Junior subordinated Notes, Hometown Bancorp, Ltd. Capital Trust II
SUBORDINATED NOTES
Junior subordinated notes, outstanding balance				$ 8,200,000

REGULATORY MATTERS (Details)

REGULATORY MATTERS (Details) $ in Thousands	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
REGULATORY MATTERS
Minimum conservation buffer	0.025	0.025
Standardized Approach
Total capital (to risk-weighted assets):
Actual, Amount	$ 482,349	$ 484,398
Actual, Ratio	0.1366	0.1399
For Capital Adequacy Purposes, Amount	$ 282,548	$ 276,904
For Capital Adequacy Purposes, Ratio	0.0800	0.0800
Minimum Capital Adequacy with Capital Buffer, Amount	$ 370,844	$ 363,437
Minimum Capital Adequacy with Capital Buffer, Ratio	0.1050	0.1050
Tier 1 capital (to risk-weighted assets):
Actual, Amount	$ 429,847	$ 437,979
Actual, Ratio	0.1217	0.1265
For Capital Adequacy Purposes, Amount	$ 211,911	$ 207,678
For Capital Adequacy Purposes, Ratio	0.0600	0.0600
Minimum Capital Adequacy with Capital Buffer, Amount	$ 300,207	$ 294,211
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0850	0.0850
Common Equity Tier 1 capital (to risk-weighted assets):
Actual, Amount	$ 429,847	$ 433,979
Actual, Ratio	0.1217	0.1254
For Capital Adequacy Purposes, Amount	$ 158,933	$ 155,759
For Capital Adequacy Purposes, Ratio	0.0450	0.0450
Minimum Capital Adequacy with Capital Buffer, Amount	$ 247,229	$ 242,291
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0700	0.0700
Tier 1 capital (to average assets):
Actual, Amount	$ 429,847	$ 437,979
Actual, Ratio	0.1098	0.1105
For Capital Adequacy Purposes, Amount	$ 156,549	$ 158,581
For Capital Adequacy Purposes, Ratio	0.0400	0.0400
Minimum Capital Adequacy with Capital Buffer, Amount	$ 156,549	$ 158,581
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0400	0.0400
Bank | Standardized Approach
Total capital (to risk-weighted assets):
Actual, Amount	$ 434,726	$ 446,634
Actual, Ratio	0.1232	0.1291
For Capital Adequacy Purposes, Amount	$ 282,387	$ 276,726
For Capital Adequacy Purposes, Ratio	0.0800	0.0800
Minimum Capital Adequacy with Capital Buffer, Amount	$ 370,633	$ 363,202
Minimum Capital Adequacy with Capital Buffer, Ratio	0.1050	0.1050
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 352,984	$ 345,907
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.1000	0.1000
Tier 1 capital (to risk-weighted assets):
Actual, Amount	$ 394,224	$ 412,215
Actual, Ratio	0.1117	0.1192
For Capital Adequacy Purposes, Amount	$ 211,790	$ 207,544
For Capital Adequacy Purposes, Ratio	0.0600	0.0600
Minimum Capital Adequacy with Capital Buffer, Amount	$ 300,036	$ 294,021
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0850	0.0850
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 282,387	$ 276,726
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0800	0.0800
Common Equity Tier 1 capital (to risk-weighted assets):
Actual, Amount	$ 394,224	$ 412,215
Actual, Ratio	0.1117	0.1192
For Capital Adequacy Purposes, Amount	$ 158,843	$ 155,658
For Capital Adequacy Purposes, Ratio	0.0450	0.0450
Minimum Capital Adequacy with Capital Buffer, Amount	$ 247,089	$ 242,135
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0700	0.0700
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 229,440	$ 224,840
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0650	0.0650
Tier 1 capital (to average assets):
Actual, Amount	$ 394,224	$ 412,215
Actual, Ratio	0.1007	0.1040
For Capital Adequacy Purposes, Amount	$ 156,540	$ 158,585
For Capital Adequacy Purposes, Ratio	0.0400	0.0400
Minimum Capital Adequacy with Capital Buffer, Amount	$ 156,540	$ 158,585
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0400	0.0400
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 195,675	$ 198,231
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0500	0.0500

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Interest rate lock commitments
Commitments and contingencies
Notional amount of derivatives	$ 13,200	$ 5,900
Fixed
Commitments and contingencies
Commitments to extend credit, Notional Amount	59,958	92,113
Variable
Commitments and contingencies
Commitments to extend credit, Notional Amount	704,141	707,285
Credit card arrangements
Commitments and contingencies
Commitments to extend credit, Notional Amount	22,273	21,213
Letters of credit
Commitments and contingencies
Commitments to extend credit, Notional Amount	$ 11,265	$ 9,785

FAIR VALUE MEASUREMENTS - Fair

FAIR VALUE MEASUREMENTS - Fair value of assets measured on a recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Assets
Mortgage servicing rights	$ 13,694	$ 13,668	$ 9,582
Recurring
Assets
Mortgage servicing rights	13,694	13,668
Recurring | Obligations of U.S. Government sponsored agencies
Assets
Securities available for sale	26,855	28,294
Recurring | Obligations of states and political subdivisions
Assets
Securities available for sale	56,786	58,246
Recurring | Mortgage-backed securities
Assets
Securities available for sale	30,221	36,130
Recurring | Corporate notes
Assets
Securities available for sale	14,115	19,038
Recurring | Certificates of deposit
Assets
Securities available for sale		489
Recurring | Other Observable Inputs (Level 2)
Assets
Mortgage servicing rights	13,694	13,668
Recurring | Other Observable Inputs (Level 2) | Obligations of U.S. Government sponsored agencies
Assets
Securities available for sale	26,855	28,294
Recurring | Other Observable Inputs (Level 2) | Obligations of states and political subdivisions
Assets
Securities available for sale	56,786	58,246
Recurring | Other Observable Inputs (Level 2) | Mortgage-backed securities
Assets
Securities available for sale	30,221	36,130
Recurring | Other Observable Inputs (Level 2) | Corporate notes
Assets
Securities available for sale	14,115	19,038
Recurring | Other Observable Inputs (Level 2) | Certificates of deposit
Assets
Securities available for sale		489
Recurring | Significant Unobservable Inputs (Level 3)
Assets
Assets at fair value	0	$ 0
Liabilities
Liabilities at fair value	$ 0

FAIR VALUE MEASUREMENTS - Fai_2

FAIR VALUE MEASUREMENTS - Fair value of assets measured on a non-recurring basis (Details) - Non-recurring - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets Measured at Fair Value
OREO	$ 712	$ 2,573
Loans individually evaluated, net of reserve	9,653	9,242
Total Assets Measured at Fair Value	10,365	11,815
Significant Unobservable Inputs (Level 3)
Assets Measured at Fair Value
OREO	712	2,573
Loans individually evaluated, net of reserve	9,653	9,242
Total Assets Measured at Fair Value	$ 10,365	$ 11,815

FAIR VALUE MEASUREMENTS - Fai_3

FAIR VALUE MEASUREMENTS - Fair value measurement on inputs and valuation techniques (Details)	Jun. 30, 2024	Dec. 31, 2023
Third party appraisals, sales contracts or brokered price options | Collateral discounts and estimated costs to sell | Minimum
Fair Value of Financial Instruments
OREO	0.61	0.03
Third party appraisals, sales contracts or brokered price options | Collateral discounts and estimated costs to sell | Maximum
Fair Value of Financial Instruments
OREO		0.71
Third party appraisals, sales contracts or brokered price options | Collateral discounts and estimated costs to sell | Weighted Average
Fair Value of Financial Instruments
OREO	0.61	0.38
Third party appraisals and discounted cash flows | Collateral discounts and discount rates | Minimum
Fair Value of Financial Instruments
Loans individually evaluated, net of reserve	0	0
Third party appraisals and discounted cash flows | Collateral discounts and discount rates | Maximum
Fair Value of Financial Instruments
Loans individually evaluated, net of reserve	0.71	0.53
Third party appraisals and discounted cash flows | Collateral discounts and discount rates | Weighted Average
Fair Value of Financial Instruments
Loans individually evaluated, net of reserve	0.35	0.31

FAIR VALUE MEASUREMENTS - Carry

FAIR VALUE MEASUREMENTS - Carrying value and estimated fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Financial assets:
Securities held to maturity, fair value	$ 109,805	$ 103,626
Securities available for sale	127,977	142,197
Mortgage servicing rights	13,694	13,668	$ 9,582
Carrying Amount
Financial assets:
Cash and cash equivalents	98,950	247,468
Securities held to maturity, fair value	110,648	103,324
Loans held for sale	2,274	3,012
Loans, net	3,383,517	3,299,365
Other investments, at cost	21,256	21,366
Mortgage servicing rights	13,694	13,668
Financial liabilities:
Deposits	3,399,941	3,432,920
Securities sold under repurchase agreements		75,747
Notes payable	90,321	35,270
Subordinated notes	12,000	12,000
Junior subordinated debentures		4,124
Carrying Amount | Level 1
Financial assets:
Cash and cash equivalents	98,950	247,468
Securities held to maturity, fair value	106,609	99,475
Carrying Amount | Level 2
Financial assets:
Securities held to maturity, fair value	3,196	4,151
Loans held for sale	2,274	3,012
Mortgage servicing rights	13,694	13,668
Financial liabilities:
Securities sold under repurchase agreements		75,747
Notes payable	90,321	35,270
Subordinated notes	12,000	12,000
Junior subordinated debentures		4,124
Carrying Amount | Level 3
Financial assets:
Loans, net	3,172,419	3,168,749
Other investments, at cost	21,256	21,366
Financial liabilities:
Deposits	3,129,841	3,153,512
Estimated Fair Value
Financial assets:
Cash and cash equivalents	98,950	247,468
Securities held to maturity, fair value	109,805	103,626
Loans held for sale	2,274	3,012
Loans, net	3,172,419	3,168,749
Other investments, at cost	21,256	21,366
Mortgage servicing rights	13,694	13,668
Financial liabilities:
Deposits	3,129,841	3,153,512
Securities sold under repurchase agreements		75,747
Notes payable	90,321	35,270
Subordinated notes	$ 12,000	12,000
Junior subordinated debentures		$ 4,124

STOCK BASED COMPENSATION - Summ

STOCK BASED COMPENSATION - Summary of Plans (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Restricted Stock
STOCK BASED COMPENSATION
Compensation expense	$ 0.5	$ 0.6	$ 1.1	$ 1
2020 Equity Plan
STOCK BASED COMPENSATION
Number of shares authorized	700,000		700,000
Aggregate number of shares awarded under the plan	100,954		100,954
2020 Equity Plan | Restricted Stock
STOCK BASED COMPENSATION
Unrecognized compensation cost	$ 3		$ 3
Unrecognized compensation recognition period			1 year 7 months 28 days
Aggregate grant date fair value of vested awards			$ 2.1

STOCK BASED COMPENSATION - Chan

STOCK BASED COMPENSATION - Changes in Restricted Stock (Details) - Restricted Stock - $ / shares	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Restricted Stock, Shares
Outstanding at beginning of year	58,196	59,272
Granted	24,581	25,375
Vested	(30,143)	(25,762)
Forfeited or cancelled		(820)
Outstanding at end of year	52,634	58,065
Restricted Stock, Weighted- Average Grant- Date Fair Value
Outstanding at beginning of year	$ 72.28	$ 65.85
Granted	85.85	80.17
Vested	71.14	62.05
Forfeited or cancelled		65.09
Outstanding at end of year	$ 79.27	$ 71.41