Meridian (MRBK) 10-Q 10 May 22 2022 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2022	May 09, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	000-55983
Entity Registrant Name	Meridian Corp
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	83-1561918
Entity Address, Address Line One	9 Old Lincoln Highway
Entity Address, City or Town	Malvern
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19355
City Area Code	484
Local Phone Number	568-5000
Title of 12(b) Security	Common Stock, $1 par value
Trading Symbol	MRBK
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		6,114,424
Entity Central Index Key	0001750735
Amendment Flag	false
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Cash and due from banks	$ 56,022	$ 23,480
Federal funds sold	12,866	0
Cash and cash equivalents	68,888	23,480
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	130,653	159,302
Securities held-to-maturity (fair value of $33,556 and $6,591 as of March 31, 2022 and December 31, 2021)	34,977	6,372
Equity investments	2,240	2,354
Mortgage loans held for sale	81,258	80,882
Mortgage loans held for sale	1,431,906	1,386,457
Allowance for loan and lease losses	(18,826)	(18,758)
Loans, net of the allowance for loan and lease losses	1,413,080	1,367,699
Restricted investment in bank stock	4,330	5,117
Bank premises and equipment, net	11,883	11,806
Bank owned life insurance	22,641	22,503
Accrued interest receivable	4,848	5,009
Deferred income taxes	3,190	1,413
Servicing assets	13,396	12,765
Goodwill	899	899
Intangible assets	3,328	3,379
Other assets	35,978	10,463
Total assets	1,831,589	1,713,443
Deposits:
Non-interest bearing	291,379	274,528
Interest bearing	1,273,472	1,171,885
Total deposits	1,564,851	1,446,413
Short-term borrowings	36,136	41,344
Subordinated debentures	40,538	40,508
Accrued interest payable	575	31
Other liabilities	31,805	19,787
Total liabilities	1,673,905	1,548,083
Stockholders’ equity:
Common stock, $1 par value. Authorized 25,000,000 shares as of March 31, 2022 and December 31, 2021; issued 6,555,909 and 6,534,587 as of March 31, 2022 and December 31, 2021	6,556	6,535
Surplus	84,177	83,663
Treasury stock - 426,693 shares at March 31, 2022 and December 31, 2021	(8,860)	(8,860)
Unearned common stock held by employee stock ownership plan	(1,602)	(1,602)
Retained earnings	83,104	84,916
Accumulated other comprehensive (loss) income	(5,691)	708
Total stockholders’ equity	157,684	165,360
Total liabilities and stockholders’ equity	$ 1,831,589	$ 1,713,443

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Securities available-for-sale, amortized cost	$ 136,745,000	$ 158,387,000
Securities held-to-maturity	33,556,000	6,591,000
Mortgage loans held for sale, amortized cost	81,502,000	80,002,000
Loans at fair value	17,375,000	17,558,000
Loans at amortized cost	$ 17,375,000	$ 17,106,000
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized (in shares)	25,000,000	25,000,000
Common stock, issued (in shares)	6,555,909	6,534,587
Common stock, outstanding (in shares)	6,555,909	6,534,587
Treasury stock held (in shares)	426,693	426,693

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Interest income:
Loans, including fees	$ 17,219	$ 16,822
Securities:
Taxable	336	273
Tax-exempt	396	353
Cash and cash equivalents	13	3
Total interest income	17,964	17,451
Interest expense:
Deposits	1,289	1,566
Borrowings	640	765
Total interest expense	1,929	2,331
Net interest income	16,035	15,120
Provision for loan losses	615	599
Net interest income after provision for loan losses	15,420	14,521
Non-interest income:
Mortgage banking income	7,096	24,100
SBA loan income	2,520	1,245
Earnings on investment in life insurance	138	66
Net change in the fair value of derivative instruments	(166)	(944)
Net change in the fair value of loans held-for-sale	(1,124)	(3,867)
Net change in the fair value of loans held-for-investment	(778)	(102)
Net gain on hedging activity	2,827	4,261
Net gain on sale of investment securities available-for-sale	0	48
Other	1,258	1,073
Total non-interest income	13,102	27,048
Non-interest expenses:
Salaries and employee benefits	15,298	22,139
Occupancy and equipment	1,252	1,152
Professional fees	848	940
Advertising and promotion	986	785
Data processing	479	616
Information technology	710	425
Pennsylvania bank shares tax	199	163
Other	1,661	2,043
Total non-interest expenses	21,433	28,263
Income before income taxes	7,089	13,306
Income tax expense	1,554	3,136
Net income	$ 5,535	$ 10,170
Basic earnings per common share (in USD per share)	$ 0.92	$ 1.70
Diluted earnings per common share (in USD per share)	$ 0.88	$ 1.65
Wealth management income
Non-interest income:
Revenue from contract with customer	$ 1,304	$ 1,136
Service charges
Non-interest income:
Revenue from contract with customer	$ 27	$ 32

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income:	$ 5,535	$ 10,170
Net change in unrealized gains on investment securities available for sale:
Net unrealized losses arising during the period, net of tax benefit of $1,626, and $592, respectively	(5,369)	(1,883)
Less: reclassification adjustment for net gains realized in net income, net of tax expense of $3, and $12, respectively	(9)	(36)
Reclassification adjustment for securities transferred from available-for-sale to held-to-maturity, net of tax benefit of $308, and $0, respectively	(1,021)	0
Unrealized investment losses, net of tax benefit of $1,936, and $604, respectively	(6,399)	(1,919)
Total other comprehensive loss	(6,399)	(1,919)
Total comprehensive (loss) income	$ (864)	$ 8,251

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Tax expense (benefit) on unrealized gains arising during the period	$ (1,626)	$ (592)
Tax expense (benefit) on reclassification adjustment for net gains on sales realized in net income	(3)	(12)
Tax expense (benefit) on reclassification adjustment for transfer to held-to-maturity	(308)	0
Tax expense (benefit) on unrealized investment gains (losses)	$ (1,936)	$ (604)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Surplus	Treasury Stock	Unearned Common Stock ESOP	Retained Earnings	Accumulated Other Comprehensive (Loss) Income
Balance beginning of the period at Dec. 31, 2020	$ 141,622	$ 6,456	$ 81,196	$ (5,828)	$ (1,768)	$ 59,010	$ 2,556
Comprehensive income:
Net income	10,170					10,170
Net change in unrealized investment losses, net of tax	(1,919)						(1,919)
Total comprehensive (loss) income	8,251
Dividends paid or accrued	(6,931)					(6,931)
Common stock issued through share-based awards and exercises	334	32	302
Stock based compensation	229		229
Balance ending of the period at Mar. 31, 2021	143,505	6,488	81,727	(5,828)	(1,768)	62,249	637
Balance beginning of the period at Dec. 31, 2021	165,360	6,535	83,663	(8,860)	(1,602)	84,916	708
Comprehensive income:
Net income	5,535					5,535
Net change in unrealized investment losses, net of tax	(6,399)						(6,399)
Total comprehensive (loss) income	(864)
Dividends paid or accrued	(7,347)					(7,347)
Common stock issued through share-based awards and exercises	275	21	254
Stock based compensation	260		260
Balance ending of the period at Mar. 31, 2022	$ 157,684	$ 6,556	$ 84,177	$ (8,860)	$ (1,602)	$ 83,104	$ (5,691)

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]
Dividends declared (in dollars per share)	$ 1.20	$ 1.125

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Cash Flows [Abstract]
Net income	$ 5,535,000	$ 10,170,000
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Gain on sale of investment securities	0	(48,000)
Net amortization of investment premiums and discounts and change in fair value of equity securities	(27,000)	331,000
Depreciation and amortization, net	50,000	(1,709,000)
Provision for loan losses	615,000	599,000
Amortization of issuance costs on subordinated debt	30,000	30,000
Stock based compensation	260,000	229,000
Net change in fair value of derivative instruments	166,000	944,000
Net change in fair value of loans held for sale	1,124,000	3,867,000
Net change in fair value of loans held for investment	778,000	102,000
Amortization and net impairment of servicing rights	494,000	(2,661,000)
SBA loan income	(2,520,000)	(1,245,000)
Proceeds from sale of loans	319,610,000	803,858,000
Loans originated for sale	(313,485,000)	(724,675,000)
Mortgage banking income	(7,096,000)	(24,100,000)
Decrease (increase) in accrued interest receivable	161,000	(85,000)
Increase in other assets	(9,962,000)	(5,246,000)
Earnings from investment in life insurance	(138,000)	(66,000)
Increase (decrease) in deferred income tax	159,000	(1,865,000)
Increase (decrease) in accrued interest payable	544,000	(411,000)
Increase in other liabilities	10,156,000	4,745,000
Net cash provided by operating activities	6,454,000	62,764,000
Activity in available-for-sale securities:
Maturities, repayments and calls	3,843,000	2,343,000
Sales	0	13,639,000
Purchases	(9,885,000)	(28,151,000)
Activity in held-to-maturity securities:
Maturities, repayments and calls	390,000	0
Purchases	(2,500,000)	0
Decrease in restricted stock	787,000	2,747,000
Net increase in loans	(59,762,000)	(70,915,000)
Purchases of premises and equipment	(77,000)	(677,000)
Net cash used in investing activities	(67,204,000)	(81,014,000)
Cash flows from financing activities:
Net increase in deposits	118,438,000	142,255,000
Decrease in short-term borrowings	(5,208,000)	(5,465,000)
Decrease in short-term borrowings with original maturity > 90 days	0	(75,021,000)
(Repayment) proceeds from long-term debt, net	0	(42,662,000)
Dividends paid	(7,347,000)	(6,931,000)
Share based awards and exercises	275,000	334,000
Net cash provided by financing activities	106,158,000	12,510,000
Net change in cash and cash equivalents	45,408,000	(5,740,000)
Cash and cash equivalents at beginning of period	23,480,000	36,744,000
Cash and cash equivalents at end of period	68,888,000	31,004,000
Supplemental disclosure of cash flow information:
Interest	1,386,000	2,742,000
Supplemental disclosure of cash flow information:
Transfers from loans held for sale to loans held for investment	1,653,000	2,390,000
Net loans sold, not settled	(13,857,000)	(4,432,000)
Investment security purchases, not settled	(2,761,000)	(1,188,000)
Transfer of securities from AFS to HTM	23,522,000	0
ROU asset obtained in exchange for lease liabilities	$ 10,995,000	$ 0

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The Corporation’s unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete consolidated financial statements. In the opinion of management, all adjustments necessary for a fair presentation of the consolidated financial position and the results of operations for the interim periods presented have been included. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Amounts subject to significant estimates are items such as the allowance for loan losses and lending related commitments, the fair value of financial instruments, other-than-temporary impairments of investment securities, and the valuations of goodwill and intangible assets, and servicing assets. These unaudited consolidated financial statements should be read in conjunction with the Corporation’s filings with the Securities and Exchange Commission (including our Annual Report on Form 10-K for the year ended December 31, 2021) and, subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K that update or provide information in addition to the information included in Form 10-K and Form 10-Q filings, if any. Certain prior period amounts have been reclassified to conform with current period presentation. Reclassifications had no effect on net income or stockholders’ equity. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results for the year ending December 31, 2022 or for any other period.

Earnings per Common Share

Earnings per Common Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings per Common Share	Earnings per Common Share Basic earnings per common share excludes dilution and is computed by dividing income available to common shareholders by the weighted-average common shares outstanding during the period reduced by unearned ESOP Plan shares and treasury shares. Diluted earnings per common share takes into account the potential dilution computed pursuant to the treasury stock method that could occur if stock options were exercised and converted into common stock and if restricted stock awards were vested, and SERP plan liabilities were satisfied with common shares. The effects of stock options are excluded from the computation of diluted earnings per share in periods in which the effect would be anti-dilutive. Three Months Ended (dollars in thousands, except per share data) 2022 2021 Numerator: Net income available to common stockholders $ 5,535 10,170 Denominator for basic earnings per share Weighted average shares outstanding 6,128 6,119 Average unearned ESOP shares (105) (119) Basic weighted averages shares outstanding 6,023 6,000 Dilutive effects of assumed exercises of stock options 173 93 Dilutive effects of SERP shares 66 53 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 6,262 6,146 Basic earnings per share $ 0.92 1.70 Diluted earnings per share $ 0.88 1.65 Antidilutive shares excluded from computation of average dilutive earnings per share 21 22

Securities

Securities	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The amortized cost and fair value of securities as of March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 (dollars in thousands) Amortized Gross Gross Fair # of Securities Securities available-for-sale: U.S. asset backed securities $ 14,664 35 (177) 14,522 10 U.S. government agency mortgage-backed securities 9,352 2 (221) 9,133 8 U.S. government agency collateralized mortgage obligations 22,037 30 (871) 21,196 21 State and municipal securities 45,385 107 (2,832) 42,660 31 U.S. Treasuries 32,978 — (1,881) 31,097 25 Non-U.S. government agency collateralized mortgage obligations 5,879 — (165) 5,714 5 Corporate bonds 6,450 24 (143) 6,331 9 Total securities available-for-sale $ 136,745 198 (6,290) 130,653 109 March 31, 2022 Amortized Gross Gross Fair # of Securities Securities held-to-maturity: State and municipal securities 34,977 25 (1,446) 33,556 15 Total securities held-to-maturity $ 34,977 25 (1,446) 33,556 15 December 31, 2021 (dollars in thousands) Amortized Gross Gross Fair # of Securities Securities available-for-sale: U.S. asset backed securities $ 16,850 55 (68) 16,837 10 U.S. government agency mortgage-backed securities 9,749 124 (60) 9,813 3 U.S. government agency collateralized mortgage obligations 22,276 358 (253) 22,381 10 State and municipal securities 72,099 1,379 (496) 72,982 12 U.S. Treasuries 29,973 1 (246) 29,728 21 Non-U.S. government agency collateralized mortgage obligations 990 — (15) 975 1 Corporate bonds 6,450 154 (18) 6,586 5 Total securities available-for-sale $ 158,387 2,071 (1,156) 159,302 62 Securities held-to-maturity: State and municipal securities 6,372 219 — 6,591 — Total securities held-to-maturity $ 6,372 219 — 6,591 — Although the Corporation’s investment portfolio overall is in a net unrealized loss position at March 31, 2022, the temporary impairment in the above noted securities is primarily the result of changes in market interest rates subsequent to purchase and it is more likely than not that the Corporation will not be required to sell these securities prior to recovery to satisfy liquidity needs, and therefore, no securities are deemed to be other-than-temporarily impaired. During the quarter-ended March 31, 2022, $27.7 million of municipal securities, previously classified as available-for-sale on the balance sheet, were transferred to the held-to-maturity portfolio at fair value. After transfer, $1.3 million of unrealized losses remain in accumulated other comprehensive income. No gain or loss was recognized as a result of the transfer. As of March 31, 2022 and December 31, 2021, securities having a fair value of $83.6 million and $92.2 million, respectively, were specifically pledged as collateral for public funds, the FRB discount window program, FHLB borrowings and other purposes. The FHLB has a blanket lien on non-pledged, mortgage-related loans and securities as part of the Corporation’s borrowing agreement with the FHLB. The following table shows the Corporation’s investment gross unrealized losses and fair value aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position at March 31, 2022 and December 31, 2021: March 31, 2022 Less than 12 Months 12 Months or more Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Securities available-for-sale: U.S. asset backed securities $ 10,458 (177) — — 10,458 (177) U.S. government agency mortgage-backed securities 8,979 (221) — — 8,979 (221) U.S. government agency collateralized mortgage obligations 13,740 (513) 4,196 (358) 17,936 (871) State and municipal securities 37,982 (2,794) 535 (38) 38,517 (2,832) U.S. Treasuries 31,097 (1,881) — — 31,097 (1,881) Non-U.S. government agency collateralized mortgage obligations 4,741 (165) — — 4,741 (165) Corporate bonds 4,807 — (143) — — 4,807 (143) Total securities available-for-sale $ 111,804 (5,894) 4,731 (396) 116,535 (6,290) March 31, 2022 Less than 12 Months 12 Months or more Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Securities held-to-maturity: State and municipal securities — — 24,955 (1,446) 24,955 (1,446) Total securities held-to-maturity $ — — 24,955 (1,446) 24,955 (1,446) December 31, 2021 Less than 12 Months 12 Months or more Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Securities available-for-sale: U.S. asset backed securities $ 12,330 (68) — — 12,330 (68) U.S. government agency mortgage-backed securities 3,852 (60) — — 3,852 (60) U.S. government agency collateralized mortgage obligations 8,836 (187) 1,657 (66) 10,493 (253) State and municipal securities 14,994 (427) 2,019 (69) 17,013 (496) U.S. Treasuries 28,750 (246) — — 28,750 (246) Non-U.S. government agency collateralized mortgage obligations 975 (15) — — 975 (15) Corporate bonds 2,232 (18) — — 2,232 (18) Total securities available-for-sale $ 71,969 (1,021) 3,676 (135) 75,645 (1,156) The amortized cost and carrying value of securities at March 31, 2022 and December 31, 2021 are shown below by contractual maturities. Actual maturities may differ from contractual maturities as issuers may have the right to call or repay obligations with or without call or prepayment penalties. March 31, 2022 December 31, 2021 Available-for-sale Held-to-maturity Available-for-sale Held-to-maturity (dollars in thousands) Amortized Fair Amortized Fair Amortized Fair Amortized Fair Investment securities: Due in one year or less $ — — — — $ — — 763 769 Due after one year through five years 15,939 15,242 3,789 3,789 12,934 12,885 2,354 2,397 Due after five years through ten years 28,909 27,323 3,969 3,866 30,890 30,798 3,255 3,425 Due after ten years 54,629 52,045 27,219 25,901 81,548 82,450 — — Subtotal 99,477 94,610 34,977 33,556 125,372 126,133 6,372 6,591 Mortgage-related securities 37,268 36,043 — — 33,015 33,169 — — Total $ 136,745 130,653 34,977 33,556 $ 158,387 159,302 6,372 6,591

Loans Receivable

Loans Receivable	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Loans Receivable	Loans Receivable Loans and leases outstanding at March 31, 2022 and December 31, 2021 are detailed by category as follows: (dollars in thousands) March 31, 2022 December 31, 2021 Mortgage loans held for sale $ 81,258 80,882 Real estate loans: Commercial mortgage 531,157 516,928 Home equity lines and loans 50,657 52,299 Residential mortgage (1) 78,504 68,175 Construction 187,756 160,905 Total real estate loans 848,074 798,307 Commercial and industrial 318,692 293,771 Small business loans 109,627 114,158 Paycheck Protection Program loans ("PPP") 50,883 90,194 Main Street Lending Program Loans ("MSLP") 597 597 Consumer 478 419 Leases, net 101,413 88,242 Total portfolio loans and leases 1,429,764 1,385,688 Total loans and leases $ 1,511,022 1,466,570 Loans with predetermined rates $ 467,840 488,220 Loans with adjustable or floating rates 1,043,182 978,350 Total loans and leases $ 1,511,022 1,466,570 Net deferred loan origination costs $ 2,142 769 (1) Includes $17,375 and $17,558 of loans at fair value as of March 31, 2022 and December 31, 2021, respectively. Components of the net investment in leases at March 31, 2022 and December 31, 2021 are detailed as follows: (dollars in thousands) March 31, December 31, Minimum lease payments receivable $ 120,695 105,608 Unearned lease income (19,282) (17,366) Total $ 101,413 88,242 Age Analysis of Past Due Loans and Leases The following tables present an aging of the Corporation’s loan and lease portfolio as of March 31, 2022 and December 31, 2021, respectively: March 31, 2022 30-89 days 90+ days Total past Current Total Nonaccrual Total loans Delinquency (dollars in thousands) Commercial mortgage $ — — — 531,157 531,157 — 531,157 — % Home equity lines and loans 299 — 299 49,359 49,658 999 50,657 2.56 Residential mortgage (1) 1,176 — 1,176 74,916 76,092 2,412 78,504 4.57 Construction — — — 187,756 187,756 — 187,756 — Commercial and industrial — — — 299,943 299,943 18,749 318,692 5.88 Small business loans — — — 108,961 108,961 666 109,627 0.61 Paycheck Protection Program loans — — — 50,883 50,883 — 50,883 — Main Street Lending Program loans — — — 597 597 — 597 — Consumer — — — 478 478 — 478 — Leases, net 1,322 — 1,322 100,091 101,413 — 101,413 1.30 Total $ 2,797 — 2,797 1,404,141 1,406,938 22,826 1,429,764 1.79 % (1) Includes $17,375 of loans at fair value as of March 31, 2022 ($16,276 are current, $482 are 30-89 days past due, and $617 are nonaccrual). December 31, 2021 30-89 days 90+ days Total past Current Total Nonaccrual Total loans Delinquency (dollars in thousands) Commercial mortgage $ — — — 516,928 516,928 — 516,928 — % Home equity lines and loans 103 — 103 51,285 51,388 911 52,299 1.94 Residential mortgage (1) 600 — 600 65,177 65,777 2,398 68,175 4.40 Construction — — — 160,905 160,905 — 160,905 — Commercial and industrial — — — 274,970 274,970 18,801 293,771 6.40 Small business loans — — — 113,492 113,492 666 114,158 0.58 Paycheck Protection Program loans — — — 90,194 90,194 — 90,194 — Main Street Lending Program loans — — — 597 597 — 597 — Consumer — — — 419 419 — 419 — Leases, net 390 — 390 87,640 88,030 212 88,242 0.68 Total $ 1,093 — 1,093 1,361,607 1,362,700 22,988 1,385,688 1.74 % (1) Includes $17,558 of loans at fair value as of December 31, 2021 ($16,768 are current, $189 are 30-89 days past due and $601 are nonaccrual).

Allowance for Loan Losses (the

Allowance for Loan Losses (the “Allowance”)	3 Months Ended
	Mar. 31, 2022
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]
Allowance for Loan Losses (the Allowance)	Allowance for Loan Losses (the “Allowance”) The Allowance is evaluated on at least a quarterly basis, as losses are estimated to be probable and incurred. The provision for loan and lease losses increase or decrease the ALLL, if deemed necessary. Loans deemed to be uncollectible are charged against the Allowance, and subsequent recoveries, if any, are credited to the Allowance. The Allowance is maintained at a level considered adequate to provide for losses that are probable and estimable. Management’s periodic evaluation of the adequacy of the Allowance is based on known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is subjective as it requires material estimates that may be susceptible to significant revisions as more information becomes available. Roll-Forward of Allowance by Portfolio Segment The following tables detail the roll-forward of the Corporation’s Allowance, by portfolio segment, for the three month periods ended March 31, 2022 and 2021, respectively: (dollars in thousands) Balance, December 31, 2021 Charge-offs Recoveries Provision (Credit) Balance, March 31, 2022 Commercial mortgage $ 4,950 — — (800) 4,150 Home equity lines and loans 224 — 6 (22) 208 Residential mortgage 283 — 2 72 357 Construction 2,042 — — 215 2,257 Commercial and industrial 6,533 — 11 825 7,369 Small business loans 3,737 — — (365) 3,372 Consumer 3 — — — 3 Leases 986 (566) — 690 1,110 Total $ 18,758 (566) 19 615 18,826 (dollars in thousands) Balance, December 31, 2020 Charge-offs Recoveries Provision (Credit) Balance, March 31, 2021 Commercial mortgage $ 7,451 — — 204 7,655 Home equity lines and loans 434 — 2 (126) 310 Residential mortgage 385 — 2 (73) 314 Construction 2,421 — — (110) 2,311 Commercial and industrial 5,431 — 5 (150) 5,286 Small business loans 1,259 — — 661 1,920 Consumer 4 — 1 (1) 4 Leases 382 — — 194 576 Total $ 17,767 — 10 599 18,376 Allowance Allocated by Portfolio Segment The following tables detail the allocation of the allowance for loan and lease losses and the carrying value for loans and leases by portfolio segment based on the methodology used to evaluate the loans and leases for impairment as of March 31, 2022 and December 31, 2021. Allowance on loans and leases Carrying value of loans and leases March 31, 2022 Individually Collectively Total Individually Collectively Total (dollars in thousands) Commercial mortgage $ — 4,150 4,150 3,540 527,617 531,157 Home equity lines and loans — 208 208 999 49,658 50,657 Residential mortgage — 357 357 1,795 59,334 61,129 Construction — 2,257 2,257 1,206 186,550 187,756 Commercial and industrial 3,804 3,565 7,369 16,900 301,792 318,692 Small business loans 376 2,996 3,372 776 108,851 109,627 Paycheck Protection Program loans — — — — 50,883 50,883 (2) Main Street Lending Program — — — — 597 597 (2) Consumer — 3 3 — 478 478 Leases, net — 1,110 1,110 — 101,413 101,413 Total $ 4,180 14,646 18,826 25,216 1,387,173 1,412,389 (1) Allowance on loans and leases Carrying value of loans and leases December 31, 2021 Individually Collectively Total Individually Collectively Total (dollars in thousands) Commercial mortgage $ — 4,950 4,950 3,556 513,372 516,928 Home equity lines and loans — 224 224 905 51,394 52,299 Residential mortgage — 283 283 1,797 48,820 50,617 Construction — 2,042 2,042 1,206 159,699 160,905 Commercial and industrial 2,900 3,633 6,533 17,361 276,410 293,771 Small business loans 376 3,361 3,737 792 113,366 114,158 Paycheck Protection Program loans — — — — 90,194 90,194 (2) Main Street Lending Program — — — — 597 597 (2) Consumer — 3 3 — 419 419 Leases, net — 986 986 212 88,030 88,242 Total $ 3,276 15,482 18,758 25,829 1,342,301 1,368,130 (1) (1) Excludes deferred fees and loans carried at fair value. (2) PPP and MSLP loans are not reserved against as they are 100% guaranteed. Loans and Leases by Credit Ratings As part of the process of determining the Allowance to the different segments of the loan and lease portfolio, Management considers certain credit quality indicators. For the commercial mortgage, construction and commercial and industrial loan segments, periodic reviews of the individual loans are performed by Management. The results of these reviews are reflected in the risk grade assigned to each loan. These internally assigned grades are as follows: • Pass – Loans considered to be satisfactory with no indications of deterioration. • Special mention – Loans classified as special mention have a potential weakness that deserves Management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. • Substandard – Loans classified as substandard are inadequately protected by the current net worth and payment capacity of the obligor or of the collateral pledged, if any. Substandard loans have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. • Doubtful – Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loan balances classified as doubtful have been reduced by partial charge-offs and are carried at their net realizable values. The following tables detail the carrying value of loans and leases by portfolio segment based on the credit quality indicators used to determine the allowance for loan and lease losses as of March 31, 2022 and December 31, 2021: March 31, 2022 Pass Special Substandard Doubtful Total (dollars in thousands) Commercial mortgage $ 494,850 30,543 5,764 — 531,157 Home equity lines and loans 49,177 — 1,480 — 50,657 Construction 178,728 9,028 — — 187,756 Commercial and industrial 261,848 11,056 45,788 — 318,692 Small business loans 108,961 — 666 — 109,627 Paycheck Protection Program loans 50,883 — — — 50,883 Main Street Lending Program loans 597 — — — 597 Total $ 1,145,044 50,627 53,698 — 1,249,369 Commercial and industrial loans classified as substandard totaled $45.8 million as of March 31, 2022, an increase of $2.9 million, from $42.9 million as of December 31, 2021. The majority of this amount is a $13.8 million commercial loan relationship in the advertising industry that became a non-performing loan relationship late in 2021. The remaining amount was comprised of 19 different loan relationships with no specific industry concentration. December 31, 2021 Pass Special Substandard Doubtful Total (dollars in thousands) Commercial mortgage $ 481,551 29,452 5,925 — 516,928 Home equity lines and loans 50,908 — 1,391 — 52,299 Construction 151,608 9,297 — — 160,905 Commercial and industrial 236,298 14,603 42,870 — 293,771 Small business loans 112,096 — 2,062 — 114,158 Paycheck Protection Program loans 90,194 — — — 90,194 Main Street Lending Program loans 597 — — — 597 Total $ 1,123,252 53,352 52,248 — 1,228,852 In addition to credit quality indicators as shown in the above tables, allowance allocations for residential mortgages, consumer loans and leases are also applied based on their performance status as of March 31, 2022 and December 31, 2021. March 31, 2022 December 31, 2021 (dollars in thousands) Performing Nonperforming Total Performing Nonperforming Total Residential mortgage (1) $ 59,335 1,795 61,130 $ 48,820 1,797 50,617 Consumer 478 — 478 419 — 419 Leases, net 101,413 — 101,413 88,030 212 88,242 Total $ 161,226 1,795 163,021 $ 137,269 2,009 139,278 (1) There were four nonperforming residential mortgage loans at March 31, 2022 and five nonperforming residential mortgage loans at December 31, 2021 with a combined outstanding principal balance of $617 thousand and $1.8 million, respectively, which were carried at fair value and not included in the table above. No troubled debt restructurings performing according to modified terms are included in performing residential mortgages below as of March 31, 2022 and December 31, 2021. Impaired Loans The following tables detail the recorded investment and principal balance of impaired loans by portfolio segment, their related Allowance and interest income recognized for the periods. As of March 31, 2022 As of December 31, 2021 (dollars in thousands) Recorded Principal Related Recorded Principal Related Impaired loans with related allowance: Commercial and industrial $ 16,466 16,644 3,804 17,147 17,310 2,900 Small business loans 666 666 376 666 666 376 Home equity lines and loans — — — — — — Residential mortgage — — — — — — Total $ 17,132 17,310 4,180 17,813 17,976 3,276 Impaired loans without related allowance: Commercial mortgage $ 3,540 3,545 — 3,556 3,559 — Commercial and industrial 433 505 — 214 269 — Small business loans 110 110 — 126 126 — Home equity lines and loans 999 1,033 — 905 935 — Residential mortgage 1,795 1,795 — 1,797 1,797 — Construction 1,206 1,206 — 1,206 1,206 — Leases — — — 212 212 — Total 8,083 8,194 — 8,016 8,104 — Grand Total $ 25,215 25,504 4,180 25,829 26,080 3,276 The following table details the average recorded investment and interest income recognized on impaired loans by portfolio segment. Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (dollars in thousands) Average Interest Average Interest Impaired loans with related allowance: Commercial and industrial $ 16,487 — 3,826 5 Small business loans 666 — 918 — Home equity lines and loans — — 95 — Residential mortgage — — 688 — Total $ 17,153 — 5,527 5 Impaired loans without related allowance: Commercial mortgage $ 3,547 19 735 8 Commercial and industrial 454 — 579 — Small business loans 117 3 176 4 Home equity lines and loans 1,002 — 825 — Residential mortgage 1,796 2 1,127 — Construction 1,206 15 1,206 15 Leases — — 122 — Total $ 8,122 39 4,770 27 Grand Total $ 25,275 39 10,297 32 Troubled Debt Restructuring The restructuring of a loan is considered a TDR if both of the following conditions are met: (i) the borrower is experiencing financial difficulties, and (ii) the creditor has granted a concession. The most common concessions granted include one or more modifications to the terms of the debt, such as (a) a reduction in the interest rate for the remaining life of the debt, (b) an extension of the maturity date at an interest rate lower than the current market rate for new debt with similar risk, (c) a temporary period of interest-only payments, (d) a reduction in the contractual payment amount for either a short period or remaining term of the loan, and (e) for leases, a reduced lease payment. A less common concession granted is the forgiveness of a portion of the principal. The determination of whether a borrower is experiencing financial difficulties takes into account not only the current financial condition of the borrower, but also the potential financial condition of the borrower, were a concession not granted. The determination of whether a concession has been granted is very subjective in nature. For example, simply extending the term of a loan at its original interest rate or even at a higher interest rate could be interpreted as a concession unless the borrower could readily obtain similar credit terms from a different lender. The balance of TDRs at March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 December 31, 2021 (dollars in thousands) TDRs included in nonperforming loans and leases $ 358 361 TDRs in compliance with modified terms 3,007 3,446 Total TDRs $ 3,365 3,807 There were no loan or lease modifications granted during the three months ended March 31, 2022 and March 31, 2021 that were categorized as a TDR, and no subsequent defaults during the same time periods. In accordance with Section 4013 of the CARES Act, loan deferrals granted to customers that resulted from the impact of COVID-19 and who were not past due as of December 31, 2019 were not considered troubled debt restructurings under ASC 310-40 as of March 31, 2022. COVID-19 loan modifications provided to borrowers amounted to $0 as of March 31, 2022, compared to $2.4 million as of December 31, 2021, and $28.8 million as of March 31, 2021.

Short-Term Borrowings and Long

Short-Term Borrowings and Long -Term Debt	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Short-Term Borrowings and Long-Term Debt	Short-Term Borrowings and Long-Term Debt The Corporation’s short-term borrowings generally consist of federal funds purchased and short-term borrowings extended under agreements with the Federal Home Loan Bank of Pittsburgh (“FHLB”). The Corporation has two unsecured Federal funds borrowing facilities with correspondent banks: one of $24 million and one of $15 million. Federal funds purchased generally represent one-day borrowings. The Corporation had $12.9 million in Federal funds purchased at March 31, 2022 and $0 Federal funds purchased at December 31, 2021. The Corporation also has a facility with the Federal Reserve Bank discount window of $3.2 million. This facility is fully secured by investment securities. There were no borrowings under this at March 31, 2022 or at December 31, 2021. Short-term borrowings at March 31, 2022 and December 31, 2021 consisted of the following notes: Balance as of (dollars in thousands) Maturity Interest March 31, December 31, Open Repo Plus Weekly 05/31/2022 0.45 % 31,250 36,458 Mid-term Repo-fixed 09/12/2022 0.23 4,886 4,886 Total $ 36,136 41,344 The FHLB of Pittsburgh has also issued $102 million of letters of credit to the Corporation for the benefit of the Corporation’s public deposit funds and loan customers. These letters of credit expire throughout 2022. The Corporation has a maximum borrowing capacity with the FHLB of $524.3 million as of March 31, 2022 and $505.4 million as of December 31, 2021. All advances and letters of credit from the FHLB are secured by a blanket lien on non-pledged, mortgage-related loans and securities as part of the Corporation’s borrowing agreement with the FHLB.

Servicing Assets

Servicing Assets	3 Months Ended
	Mar. 31, 2022
Transfers and Servicing [Abstract]
Servicing Assets	Servicing Assets The Corporation sells certain residential mortgage loans and the guaranteed portion of certain SBA loans to third parties and retains servicing rights and receives servicing fees. All such transfers are accounted for as sales. When the Corporation sells a residential mortgage loan, it does not retain any portion of that loan and its continuing involvement in such transfers is limited to certain servicing responsibilities. While the Corporation may retain a portion of certain sold SBA loans, its continuing involvement in the portion of the loan that was sold is limited to certain servicing responsibilities. When the contractual servicing fees on loans sold with servicing retained are expected to be more than adequate compensation to a servicer for performing the servicing, a capitalized servicing asset is recognized. The Corporation accounts for the transfers and servicing of financial assets in accordance with ASC 860, Accounting for Transfers and Servicing of Financial Assets and Extinguishment of Liabilities. Residential Mortgage Loans The mortgage servicing rights (“MSRs”) are amortized over the period of the estimated future net servicing life of the underlying assets. MSRs are evaluated quarterly for impairment based upon the fair value of the rights as compared to their amortized cost. Impairment is recognized on the income statement to the extent the fair value is less than the capitalized amount of the MSR. The Corporation serviced $1.1 billion and $1.0 billion of residential mortgage loans as of March 31, 2022 and December 31, 2021, respectively. During the three months ended March 31, 2022, the Corporation recognized servicing fee income of $648 thousand compared to $358 thousand during the three months ended March 31, 2021, respectively. Changes in the MSR balance are summarized as follows: Three Months Ended March 31, (dollars in thousands) 2022 2021 Balance at beginning of the period $ 10,756 4,647 Servicing rights capitalized 532 2,342 Amortization of servicing rights (404) (199) Change in valuation allowance 4 328 Balance at end of the period $ 10,888 7,118 Activity in the valuation allowance for MSRs was as follows: Three Months Ended March 31, (dollars in thousands) 2022 2021 Valuation allowance, beginning of period $ (8) (435) Impairment — — Recovery 4 328 Valuation allowance, end of period $ (4) (107) The Corporation uses assumptions and estimates in determining the fair value of MSRs. These assumptions include prepayment speeds and discount rates. The assumptions used in the valuation were based on input from buyers, brokers and other qualified personnel, as well as market knowledge. At March 31, 2022, the key assumptions used to determine the fair value of the Corporation’s MSRs included a lifetime constant prepayment rate equal to 9.72% and a discount rate equal to 9.00%. At December 31, 2021, the key assumptions used to determine the fair value of the Corporation’s MSRs included a lifetime constant prepayment rate equal to 7.23% and a discount rate equal to 9.00%. This quarter, due in part to market volatility as interest rates increased, the prepayment speed assumption has increased from December 31, 2021 to March 31, 2022. As interest rates have started to increase and the number of mortgage refinancings have started to decline, model inputs have been adjusted to align the MSRs fair value with market conditions. The discount rate assumption is unchanged over this period as the underlying credit quality of the loans sold in each period is relatively unchanged. At March 31, 2022 and December 31, 2021, the sensitivity of the current fair value of the residential mortgage servicing rights to immediate 10% and 20% favorable and unfavorable changes in key economic assumptions are included in the following table. (dollars in thousands) March 31, 2022 December 31, 2021 Fair value of residential mortgage servicing rights $ 11,928 $ 11,241 Weighted average life (months) 13 11 Prepayment speed 9.72 % 7.23 % Impact on fair value: 10% adverse change $ (284) $ (376) 20% adverse change (555) (731) Discount rate 9.00 % 9.00 % Impact on fair value: 10% adverse change $ (418) $ (436) 20% adverse change (808) (840) The sensitivity calculations above are hypothetical and should not be considered to be predictive of future performance. As indicated, changes in fair value based on adverse changes in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, in this table, the effect of an adverse variation in a articular assumption on the fair value of the MSRs is calculated without changing any other assumption; while in reality, changes in one factor may result in changes in another (for example, increases in market interest rates may result in lower prepayments), which may magnify or counteract the effect of the change. SBA Loans SBA loan servicing assets are amortized over the period of the estimated future net servicing life of the underlying assets. SBA loan servicing assets are evaluated quarterly for impairment based upon the fair value of the rights as compared to their amortized cost. Impairment is recognized on the income statement to the extent the fair value is less than the capitalized amount of the SBA loan servicing asset. The Corporation serviced $138.9 million and $115.1 million of SBA loans, as of March 31, 2022 and December 31, 2021, respectively. Changes in the SBA loan servicing asset balance are summarized as follows: Three Months Ended March 31, (dollars in thousands) 2022 2021 Balance at beginning of the period $ 2,009 970 Servicing rights capitalized 593 274 Amortization of servicing rights (125) (67) Change in valuation allowance 31 (17) Balance at end of the period $ 2,508 1,160 Activity in the valuation allowance for SBA loan servicing assets was as follows: Three Months Ended March 31, (dollars in thousands) 2022 2021 Valuation allowance, beginning of period $ (96) (39) Impairment — (17) Recovery 31 — Valuation allowance, end of period $ (65) (56) The Corporation uses assumptions and estimates in determining the fair value of SBA loan servicing rights. These assumptions include prepayment speeds, discount rates, and other assumptions. The assumptions used in the valuation were based on input from buyers, brokers and other qualified personnel, as well as market knowledge. At March 31, 2022, the key assumptions used to determine the fair value of the Corporation’s SBA loan servicing rights included a lifetime constant prepayment rate equal to 13.03%, and a discount rate equal to 8.67%. At December 31, 2021, the key assumptions used to determine the fair value of the Corporation’s SBA loan servicing rights included a lifetime constant prepayment rate equal to 12.38%, and a discount rate equal to 9.01%. At March 31, 2022 and December 31, 2021, the sensitivity of the current fair value of the SBA loan servicing rights to immediate 10% and 20% favorable and unfavorable changes in key economic assumptions are included in the following table. (dollars in thousands) March 31, 2022 December 31, 2021 Fair value of SBA loan servicing rights $ 2,629 $ 2,107 Weighted average life (years) 3.8 3.8 Prepayment speed 13.03 % 12.38 % Impact on fair value: 10% adverse change $ (96) $ (69) 20% adverse change (183) (132) Discount rate 8.67 % 9.01 % Impact on fair value: 10% adverse change $ (71) $ (54) 20% adverse change (138) (106) The sensitivity calculations above are hypothetical and should not be considered to be predictive of future performance. As indicated, changes in fair value based on adverse changes in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, in this table, the effect of an adverse variation in a particular assumption on the fair value of the SBA servicing rights is calculated without changing any other assumption; while in reality, changes in one factor may result in changes in another (for example, increases in market interest rates may result in lower prepayments), which may magnify or counteract the effect of the change.

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements and Disclosures	Fair Value Measurements and Disclosures The Corporation uses fair value measurements to record fair value adjustments to certain assets and liabilities. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Corporation’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. The fair value guidance provides a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation techniques or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions. In accordance with this guidance, the Corporation groups its financial assets and financial liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Level 1 – Valuation is based on quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 – Valuation is based on inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. The valuation may be based on quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the asset or liability. Level 3 – Valuation is based on unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which determination of fair value requires significant management judgment or estimation. Following is a description of the valuation methodologies used for instruments measured at fair value on a recurring basis. Securities The fair value of securities available-for-sale (carried at fair value) and held to maturity (carried at amortized cost) are determined by matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. Mortgage Loans Held for Sale The fair value of loans held for sale is based on secondary market prices. Mortgage Loans Held for Investment The fair value of mortgage loans held for investment is based on the price secondary markets are currently offering for similar loans using observable market data. Derivative Financial Instruments The fair values of forward commitments and interest rate swaps are based on market pricing and therefore are considered Level 2. Derivatives classified as Level 3 consist of interest rate lock commitments related to mortgage loan commitments. The determination of fair value includes assumptions related to the likelihood that a commitment will ultimately result in a closed loan, which is a significant unobservable assumption. A significant increase or decrease in the external market price would result in a significantly higher or lower fair value measurement. For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2022 and December 31, 2021 are as follows : March 31, 2022 (dollars in thousands) Total Level 1 Level 2 Level 3 Assets Securities available for sale: U.S. asset backed securities $ 14,522 — 14,522 — U.S. government agency mortgage-backed securities 9,133 — 9,133 — U.S. government agency collateralized mortgage obligations 21,196 — 21,196 — State and municipal securities 42,660 — 42,660 — U.S. Treasuries 31,097 31,097 — — Non-U.S. government agency collateralized mortgage obligations 5,714 — 5,714 Corporate bonds 6,331 — 6,331 — Equity investments 2,240 — 2,240 — Mortgage loans held for sale 81,258 — 81,258 — Mortgage loans held for investment 17,375 — 17,375 — Interest rate lock commitments 587 — — 587 Forward commitments 905 — 905 — Customer derivatives - interest rate swaps 2,256 — 2,256 — Total $ 235,274 31,097 203,590 587 Liabilities Interest rate lock commitments 808 — — 808 Forward commitments 6 — 6 — Customer derivatives - interest rate swaps 2,280 — 2,280 — $ 3,094 — 2,286 808 December 31, 2021 (dollars in thousands) Total Level 1 Level 2 Level 3 Assets Securities available for sale: U.S. asset backed securities $ 16,837 — 16,837 — U.S. government agency mortgage-backed securities 9,813 — 9,813 — U.S. government agency collateralized mortgage obligations 22,381 — 22,381 — State and municipal securities 72,982 — 72,982 — U.S. Treasuries 29,728 29,728 — — Non-U.S. government agency collateralized mortgage obligations 975 — 975 — Corporate bonds 6,586 — 6,586 — Equity investments 2,354 — 2,354 — Mortgage loans held for sale 80,882 — 80,882 — Mortgage loans held for investment 17,558 — 17,558 — Interest rate lock commitments 1,122 — — 1,122 Forward commitments 65 — 65 — Customer derivatives - interest rate swaps 961 — 961 — Total $ 262,244 29,728 231,394 1,122 Liabilities Interest rate lock commitments 203 — — 203 Forward commitments 106 — 106 — Customer derivatives - interest rate swaps 1,018 — 1,018 — $ 1,327 — 1,124 203 Assets measured at fair value on a nonrecurring basis at March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 December 31, 2021 (dollars in thousands) Fair Value Fair Value Mortgage servicing rights $ 10,888 10,756 SBA loan servicing rights 2,508 2,009 Impaired loans (1) Commercial and industrial 3,960 1,837 Small business loans — 290 Total $ 17,356 14,892 (1) Impaired loans are those in which the Corporation has measured impairment generally based on the fair value of the loan’s collateral. Refer to the following page for further qualitative discussion around impaired loans. The following table details the valuation techniques for Level 3 impaired loans. Fair Value Valuation Range of (dollars in thousands) Level 3 Technique Significant Unobservable Input Inputs March 31, 2022 $ 3,960 Appraisal of collateral Management adjustments on appraisals for property type and recent activity 2%-15% discount December 31, 2021 $ 2,127 Appraisal of collateral Management adjustments on appraisals for property type and recent activity 2%-15% discount Below is management’s estimate of the fair value of all financial instruments, whether carried at cost or fair value on the Corporation’s balance sheet. The following information should not be interpreted as an estimate of the fair value of the entire Corporation since a fair value calculation is only provided for a limited portion of the Corporation’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Corporation’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair value of the Corporation’s financial instruments: Cash and Cash Equivalents The carrying amounts reported in the balance sheet for cash and short-term instruments approximate those assets’ fair values. Loans Receivable The fair value of loans receivable is estimated using discounted cash flow analyses, using market rates at the balance sheet date that reflect the credit and interest rate-risk inherent in the loans. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Generally, for variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair value below is reflective of an exit price. Servicing Assets The Corporation estimates the fair value of mortgage servicing rights and SBA loan servicing rights using discounted cash flow models that calculate the present value of estimated future net servicing income. The model uses readily available prepayment speed assumptions for the interest rates of the portfolios serviced. These servicing rights are classified within Level 3 in the fair value hierarchy based upon management’s assessment of the inputs. The Corporation reviews the servicing rights portfolios on a quarterly basis for impairment. Impaired Loans Impaired loans are those in which the Corporation has measured impairment generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third‑party appraisals of the properties, or discounted cash flows based upon the expected proceeds. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted in accordance with the Allowance policy. Accrued Interest Receivable and Payable The carrying amount of accrued interest receivable and accrued interest payable approximates its fair value. Deposit Liabilities The fair values disclosed for demand deposits (e.g., interest and noninterest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. Short-Term Borrowings The carrying amounts of short-term borrowings approximate their fair values. Subordinated Debt Fair values of junior subordinated debt are estimated using discounted cash flow analysis, based on market rates currently offered on such debt with similar credit risk characteristics, terms and remaining maturity. Off-Balance Sheet Financial Instruments Off-balance sheet instruments are primarily comprised of loan commitments, which are generally priced at market at the time of funding. Fees on commitments to extend credit and stand-by letters of credit are deemed to be immaterial and these instruments are expected to be settled at face value or expire unused. It is impractical to assign any fair value to these instruments and as a result they are not included in the table below. Fair values assigned to the notional value of interest rate lock commitments and forward sale contracts are based on market quotes. Derivative Financial Instruments The fair value of forward commitments and interest rate swaps is based on market pricing and therefore are considered Level 2. Derivatives classified as Level 3 consist of interest rate lock commitments related to mortgage loan commitments. The determination of fair value includes assumptions related to the likelihood that a commitment will ultimately result in a closed loan, which is a significant unobservable assumption. A significant increase or decrease in the external market price would result in a significantly higher or lower fair value measurement. The estimated fair values of the Corporation’s financial instruments at March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 December 31, 2021 (dollars in thousands) Fair Value Carrying Fair value Carrying Fair value Financial assets: Cash and cash equivalents Level 1 $ 68,888 68,888 23,480 23,480 Securities available-for-sale (1) Level 2 130,653 130,653 159,302 159,302 Securities held-to-maturity Level 2 34,977 33,556 6,372 6,591 Equity investments Level 2 2,240 2,240 2,354 2,354 Mortgage loans held for sale Level 2 81,258 81,258 80,882 80,882 Loans receivable, net of the allowance for loan and lease losses Level 3 1,414,531 1,403,767 1,368,899 1,370,885 Mortgage loans held for investment Level 2 17,375 17,375 17,558 17,558 Interest rate lock commitments Level 3 587 587 1,122 1,122 Forward commitments Level 2 905 905 65 65 Restricted investment in bank stock NA 4,330 NA 5,117 NA Accrued interest receivable Level 3 4,848 4,848 5,009 5,009 Customer derivatives - interest rate swaps Level 2 2,256 2,256 961 961 Financial liabilities: Deposits Level 2 1,564,851 1,574,600 1,446,413 1,549,100 Short-term borrowings Level 2 36,136 36,136 41,344 41,344 Subordinated debentures Level 2 40,538 38,490 40,508 40,803 Accrued interest payable Level 2 575 575 31 31 Interest rate lock commitments Level 3 808 808 203 203 Forward commitments Level 2 6 6 106 106 Customer derivatives - interest rate swaps Level 2 2,280 2,280 1,018 1,018 Notional Notional Off-balance sheet financial instruments: amount Fair value amount Fair value Commitments to extend credit Level 2 $ 475,176 — 486,632 — Letters of credit Level 2 23,226 — 25,986 — (1) U.S. Treasuries within securities available-for-sale are classified as Level 1. The following table includes a rollforward of interest rate lock commitments for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the three month periods ended March 31, 2022 and 2021. Three Months Ended March 31, 2022 2021 Balance at beginning of the period $ 1,122 6,932 Decrease in value (535) (3,647) Balance at end of the period $ 587 3,285 The following table details the valuation techniques for Level 3 interest rate lock commitments. Fair Value Valuation Technique Significant Range of Weighted Average March 31, 2022 $ 587 Market comparable pricing Pull through 1 - 99 93.26% December 31, 2021 1,122 Market comparable pricing Pull through 1 - 99 87.66

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Risk Management Objective of Using Derivatives The Corporation is exposed to certain risk arising from both its business operations and economic conditions. The Corporation principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Corporation manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its assets and liabilities and the use of derivative financial instruments. Specifically, the Corporation enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Corporation’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Corporation’s known or expected cash receipts and its known or expected cash payments principally related to the Corporation’s loan portfolio. Mortgage Banking Derivatives In connection with its mortgage banking activities, the Corporation enters into commitments to originate certain fixed rate residential mortgage loans for customers, also referred to as interest rate locks. In addition, the Corporation enters into forward commitments for the future sales or purchases of mortgage-backed securities to or from third-party counterparties to hedge the effect of changes in interest rates on the values of both the interest rate locks and mortgage loans held for sale. Forward sales commitments may also be in the form of commitments to sell individual mortgage loans or interest rate locks at a fixed price at a future date. The amount necessary to settle each interest rate lock is based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Interest rate lock commitments and forward commitments are recorded within other assets/liabilities on the consolidated balance sheets, with changes in fair values during the period recorded within net change in the fair value of derivative instruments on the consolidated statements of income. Customer Derivatives – Interest Rate Swaps Derivatives not designated as hedges are not speculative and result from a service the Corporation provides to certain customers to swap a fixed rate product for a variable rate product, or vice versa. The Corporation executes interest rate derivatives with commercial banking customers to facilitate their respective risk management strategies. Those interest rate derivatives are simultaneously hedged by offsetting derivatives that the Corporation executes with a third party, such that the Corporation minimizes its net interest rate risk exposure resulting from such transactions. As the interest rate derivatives associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer derivatives and the offsetting derivatives are recognized directly in earnings. The following table presents a summary of the notional amounts and fair values of derivative financial instruments: March 31, 2022 December 31, 2021 (dollars in thousands) Balance Sheet Line Item Notional Amount Asset (Liability) Fair Value Notional Amount Asset (Liability) Fair Value Interest Rate Lock Commitments Positive fair values Other assets $ 71,681 587 108,653 1,122 Negative fair values Other liabilities 66,501 (808) 35,264 (203) Total 138,182 (221) 143,917 919 Forward Commitments Positive fair values Other assets 49,000 905 30,500 65 Negative fair values Other liabilities 2,500 (6) 45,500 (106) Total 51,500 899 76,000 (41) Customer Derivatives - Interest Rate Swaps Positive fair values Other assets 42,117 2,256 35,447 961 Negative fair values Other liabilities 42,117 (2,280) 35,447 (1,018) Total 84,234 (24) 70,894 (57) Total derivative financial instruments $ 273,916 654 290,811 821 Interest rate lock commitments are considered Level 3 in the fair value hierarchy, while the forward commitments and interest rate swaps are considered Level 2 in the fair value hierarchy. The following table presents a summary of the fair value gains and losses on derivative financial instruments: Three Months Ended March 31, (dollars in thousands) 2022 2021 Interest Rate Lock Commitments $ (1,140) (4,437) Forward Commitments 940 3,396 Customer Derivatives - Interest Rate Swaps 33 97 Net fair value losses on derivative financial instruments $ (167) (944)

Segments

Segments	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Segments	Segments ASC Topic 280 – Segment Reporting identifies operating segments as components of an enterprise which are evaluated regularly by the Corporation’s Chief Operating Decision Maker, our Chief Executive Officer, in deciding how to allocate resources and assess performance. The Corporation has applied the aggregation criterion set forth in this codification to the results of its operations. Our Banking segment (“Bank”) consists of commercial and retail banking. The Banking segment generates interest income from its lending (including leasing) and investing activities and is dependent on the gathering of lower cost deposits from its branch network or borrowed funds from other sources for funding its loans, resulting in the generation of net interest income. The Banking segment also derives revenues from other sources including gains on the sale of available for sale investment securities, service charges on deposit accounts, cash sweep fees, overdraft fees, BOLI income, title insurance fees, and other less significant non-interest income. Meridian Wealth (“Wealth”), a registered investment advisor and wholly-owned subsidiary of the Bank, provides a comprehensive array of wealth management services and products and the trusted guidance to help its clients and our banking customers prepare for the future. The unit generates non-interest income through advisory fees. Meridian’s mortgage banking segment (“Mortgage”) consists of one central loan production facility and several retail and profit sharing loan production offices located throughout suburban Philadelphia and Maryland. The Mortgage segment originates 1 – 4 family residential mortgages and sells nearly all of its production to third party investors. The unit generates net interest income on the loans it originates and holds temporarily, then earns fee income (primarily gain on sales) at the time of the sale. The unit also recognizes income from document preparation fees, changes in portfolio pipeline fair values and related net hedging gains (losses). The table below summarizes income and expenses, directly attributable to each business line, which has been included in the statement of operations. Total assets for each segment is also provided. Segment Information Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (Dollars in thousands) Bank Wealth Mortgage Total Bank Wealth Mortgage Total Net interest income $ 15,610 94 331 16,035 $ 14,500 (14) 634 15,120 Provision for loan losses 615 — — 615 599 — — 599 Net interest income after provision 14,995 94 331 15,420 13,901 (14) 634 14,521 Non-interest Income Mortgage banking income 196 — 6,900 7,096 268 — 23,832 24,100 Wealth management income — 1,304 — 1,304 — 1,136 — 1,136 SBA income 2,520 — — 2,520 1,245 — — 1,245 Net change in fair values 32 — (2,100) (2,068) 98 — (5,011) (4,913) Net gain on hedging activity — — 2,827 2,827 — — 4,261 4,261 Other 628 (1) 796 1,423 712 — 507 1,219 Non-interest income 3,376 1,303 8,423 13,102 2,323 1,136 23,589 27,048 Non-interest expense 10,208 878 10,347 21,433 8,932 895 18,436 28,263 Income (loss) before income taxes $ 8,163 519 (1,593) 7,089 7,292 227 5,787 13,306 Total Assets $ 1,728,329 7,251 96,009 1,831,589 $ 1,578,721 6,092 159,164 1,743,977

Leases

Leases	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Leases	Leases On January 1, 2022, the Corporation adopted ASU 2016-02 (Topic 842), “Leases”, as further explained in Note 12, Recent Accounting Pronouncements. The Corporation’s operating leases consist of various retail branch locations and loan production offices. As of March 31, 2022, the Corporation’s leases have remaining lease terms ranging from 8 months to 13 years , including extension options that the Corporation is reasonably certain will be exercised. The Corporation’s leases include fixed rental payments, and certain of our leases also include variable rental payments where lease payments may increase at pre-determined dates based on the change in the consumer price index. The Corporation’s lease agreements include gross leases as well as leases in which we make separate payments to the lessor for items such as the property taxes assessed on the property or a portion of the common area maintenance associated with the property. We have elected the practical expedient not to separate lease and non-lease components for all of our building leases. The Corporation also elected to not recognize right of use (ROU) assets and lease liabilities for short-term leases. As of March 31, 2022 the Corporation’s ROU assets and related lease liabilities were $10.5 million and $10.3 million, respectively. These amounts are included within other assets and other liabilities, respectively. The components of lease expense were as follows: (dollars in thousands) Three Months Ended March 31, 2022 Operating lease expense $ 585 Short term lease expense 1 Variable lease expense — Total lease expense $ 586 Supplemental cash flow information related to leases was as follows: (dollars in thousands) Three Months Ended March 31, 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 560 ROU asset obtained in exchange for lease liabilities $ 10,995 Maturities of operating lease liabilities under FASB ASC 842 "Leases" as of March 31, 2022 are as follows: (dollars in thousands) March 31, 2022 2022 $ 548 2023 1,892 2024 1,746 2025 1,456 2026 1,436 2027 and thereafter 3,134 Total operating lease liabilities $ 10,212 As of March 31, 2022, the weighted-average remaining lease term, including extension options that the Corporation is reasonably certain will be exercised, for all operating leases is 6.63 years. Because we generally do not have access to the rate implicit in the lease, we utilize our incremental borrowing rate as the discount rate. The weighted average discount rate associated with operating leases as of March 31, 2022 is 2.58%. As of March 31, 2022, the Corporation had not entered into any material leases that have not yet commenced.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting PronouncementsAs an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”), the Bank is permitted an extended transition period for complying with new or revised accounting standards affecting public companies. We have elected to take advantage of this extended transition period, which means that the financial statements included herein, as well as financial statements that we file up to the date we lose this designation (December 31, 2022) will not be subject to all new or revised accounting standards generally applicable to public companies for the transition period. As a filer under the JOBS Act, we will implement new accounting standards subject to the effective dates required for non-public entities. Adopted Pronouncements in 2022: FASB ASU 2016-02 (Topic 842), “Leases” Issued in February 2016, ASU 2016-02 revises the accounting related to lessee accounting. Under the new guidance, lessees are required to recognize a lease liability and a right-of-use asset for all leases. The new lease guidance also simplifies the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. In June 2020, the FASB approved a delay for the implementation of the ASU. Accordingly, the amendments in this update are effective for the Corporation for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. On January 1, 2022 the Corporation recognized a right-of-use asset and a lease obligation liability on the consolidated statement of financial condition. The adoption of teh ASU was on a prospective basis and therefore comparative prior periods are still presented under ASC 840. Refer to footnote 12 - leases, for further details. Pronouncements Not Effective as of March 31, 2022: FASB ASU 2016-13 (Topic 326), “Measurement of Credit Losses on Financial Instruments” Issued in June 2016, ASU 2016-13 significantly changes how companies measure and recognize credit impairment for many financial assets. This ASU requires businesses and other organizations to measure the current expected credit losses (“CECL”) on financial assets, such as loans, net investments in leases, certain debt securities, bond insurance and other receivables. The amendments affect entities holding financial assets and net investments in leases that are not accounted for at fair value through net income. Current GAAP requires an incurred loss methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. The amendments in this ASU replace the incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonableness and supportable information to inform credit loss estimates. An entity should apply the amendments through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (modified retrospective approach). Acquired credit impaired loans for which the guidance in Accounting Standards Codification (ASC) Topic 310-30 has been previously applied should prospectively apply the guidance in this ASU. A prospective transition approach is required for debt securities for which an other-than-temporary impairment has been recognized before the effective date. In October 2019, the FASB approved a delay for the implementation of the ASU. Accordingly, as an emerging growth company, the Corporation’s effective date for the implementation of the ASU will be January 1, 2023. Management is currently determining under which method we will adopt this ASU. Management has assembled a cross-functional team from Finance, Credit, and IT that is leading the implementation efforts to evaluate the impact of this guidance on the Corporation's consolidated financial statements and related disclosures, internal systems, accounting policies, processes and related internal controls. At this time an estimate of the impact to the Corporation's consolidated financial statements cannot be determined. FASB ASU 2019-04, “Codification Improvements to Topic 326, Financial Instruments - Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments” Issued in April 2019, ASU 2019-04 clarifies certain aspects of accounting for credit losses, hedging activities, and financial instruments (addressed by ASUs 2016-13, 2017-12, and 2016-01, respectively). The amendments to estimating expected credit losses (ASU 2016-13), in particular, how a company considers recoveries and extension options when estimating expected credit losses, are the most relevant to the Corporation. The ASU clarifies that (1) the estimate of expected credit losses should include expected recoveries of financial assets, including recoveries of amounts expected to be written off and those previously written off, and (2) that contractual extension or renewal options that are not unconditionally cancellable by the lender are considered when determining the contractual term over which expected credit losses are measured. Management will consider the impact of ASU 2019-04 when considering the impact of ASU 2016-13 as discussed above. FASB ASU 2020-04 (Topic 848), “Reference Rate Reform (“ASC 848”): Facilitation of the Effects of Reference Rate Reform on Financial Reporting” Issued in March 2020, ASU 2020-04 contains optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. The Corporation does not have a significant concentration of loans, derivative contracts, borrowings or other financial instruments with attributes that are either directly or indirectly dependent on LIBOR. The guidance under ASC-848 will be available for a limited time, generally through December 31, 2022. The Corporation expects to adopt the LIBOR transition relief allowed under this standard. FASB ASU 2020-06, “Debt With Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity” This ASU clarifies the accounting for certain financial instruments with characteristics of liabilities and equity. The amendments in this update reduce the number of accounting models for convertible debt instruments and convertible preferred stock by removing the cash conversion model and the beneficial conversion feature models. For public business entities that meet the definition of an SEC filer (excluding smaller reporting entities), the amendments are effective for fiscal years beginning after Dec. 15, 2021, and interim periods within. For all other entities, the amendments are effective for fiscal years beginning after Dec. 15, 2023, and interim periods within. Early adoption is permitted, but no earlier than for fiscal years beginning after Dec. 15, 2020. FASB ASU 2022-02, "Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures." In March 2022, the FASB issued ASU No. 2022-02, "Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures." The amendments eliminate the accounting guidance for troubled debt restructurings by creditors that have adopted CECL and enhance the disclosure requirements for modifications of receivables made with borrowers experiencing financial difficulty. In addition, the amendments require disclosure of current period gross write-offs by year of origination for financing receivables and net investment in leases in the existing vintage disclosures. This ASU is effective for fiscal years beginning after December 15, 2022 or January 1, 2023 for the Corporation, including interim periods within those fiscal years for entities that have adopted CECL. Early adoption is permitted if an entity has adopted CECL. The Corporation is in the process of evaluating the amendments but does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per common share	Three Months Ended (dollars in thousands, except per share data) 2022 2021 Numerator: Net income available to common stockholders $ 5,535 10,170 Denominator for basic earnings per share Weighted average shares outstanding 6,128 6,119 Average unearned ESOP shares (105) (119) Basic weighted averages shares outstanding 6,023 6,000 Dilutive effects of assumed exercises of stock options 173 93 Dilutive effects of SERP shares 66 53 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 6,262 6,146 Basic earnings per share $ 0.92 1.70 Diluted earnings per share $ 0.88 1.65 Antidilutive shares excluded from computation of average dilutive earnings per share 21 22

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of securities	The amortized cost and fair value of securities as of March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 (dollars in thousands) Amortized Gross Gross Fair # of Securities Securities available-for-sale: U.S. asset backed securities $ 14,664 35 (177) 14,522 10 U.S. government agency mortgage-backed securities 9,352 2 (221) 9,133 8 U.S. government agency collateralized mortgage obligations 22,037 30 (871) 21,196 21 State and municipal securities 45,385 107 (2,832) 42,660 31 U.S. Treasuries 32,978 — (1,881) 31,097 25 Non-U.S. government agency collateralized mortgage obligations 5,879 — (165) 5,714 5 Corporate bonds 6,450 24 (143) 6,331 9 Total securities available-for-sale $ 136,745 198 (6,290) 130,653 109 March 31, 2022 Amortized Gross Gross Fair # of Securities Securities held-to-maturity: State and municipal securities 34,977 25 (1,446) 33,556 15 Total securities held-to-maturity $ 34,977 25 (1,446) 33,556 15 December 31, 2021 (dollars in thousands) Amortized Gross Gross Fair # of Securities Securities available-for-sale: U.S. asset backed securities $ 16,850 55 (68) 16,837 10 U.S. government agency mortgage-backed securities 9,749 124 (60) 9,813 3 U.S. government agency collateralized mortgage obligations 22,276 358 (253) 22,381 10 State and municipal securities 72,099 1,379 (496) 72,982 12 U.S. Treasuries 29,973 1 (246) 29,728 21 Non-U.S. government agency collateralized mortgage obligations 990 — (15) 975 1 Corporate bonds 6,450 154 (18) 6,586 5 Total securities available-for-sale $ 158,387 2,071 (1,156) 159,302 62 Securities held-to-maturity: State and municipal securities 6,372 219 — 6,591 — Total securities held-to-maturity $ 6,372 219 — 6,591 —
Schedule of investment gross unrealized loss in continuous unrealized loss position	The following table shows the Corporation’s investment gross unrealized losses and fair value aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position at March 31, 2022 and December 31, 2021: March 31, 2022 Less than 12 Months 12 Months or more Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Securities available-for-sale: U.S. asset backed securities $ 10,458 (177) — — 10,458 (177) U.S. government agency mortgage-backed securities 8,979 (221) — — 8,979 (221) U.S. government agency collateralized mortgage obligations 13,740 (513) 4,196 (358) 17,936 (871) State and municipal securities 37,982 (2,794) 535 (38) 38,517 (2,832) U.S. Treasuries 31,097 (1,881) — — 31,097 (1,881) Non-U.S. government agency collateralized mortgage obligations 4,741 (165) — — 4,741 (165) Corporate bonds 4,807 — (143) — — 4,807 (143) Total securities available-for-sale $ 111,804 (5,894) 4,731 (396) 116,535 (6,290) March 31, 2022 Less than 12 Months 12 Months or more Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Securities held-to-maturity: State and municipal securities — — 24,955 (1,446) 24,955 (1,446) Total securities held-to-maturity $ — — 24,955 (1,446) 24,955 (1,446) December 31, 2021 Less than 12 Months 12 Months or more Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Securities available-for-sale: U.S. asset backed securities $ 12,330 (68) — — 12,330 (68) U.S. government agency mortgage-backed securities 3,852 (60) — — 3,852 (60) U.S. government agency collateralized mortgage obligations 8,836 (187) 1,657 (66) 10,493 (253) State and municipal securities 14,994 (427) 2,019 (69) 17,013 (496) U.S. Treasuries 28,750 (246) — — 28,750 (246) Non-U.S. government agency collateralized mortgage obligations 975 (15) — — 975 (15) Corporate bonds 2,232 (18) — — 2,232 (18) Total securities available-for-sale $ 71,969 (1,021) 3,676 (135) 75,645 (1,156)
Schedule of amortized cost and carrying value of held-to-maturity securities and available-for-sale securities by contractual maturity	The amortized cost and carrying value of securities at March 31, 2022 and December 31, 2021 are shown below by contractual maturities. Actual maturities may differ from contractual maturities as issuers may have the right to call or repay obligations with or without call or prepayment penalties. March 31, 2022 December 31, 2021 Available-for-sale Held-to-maturity Available-for-sale Held-to-maturity (dollars in thousands) Amortized Fair Amortized Fair Amortized Fair Amortized Fair Investment securities: Due in one year or less $ — — — — $ — — 763 769 Due after one year through five years 15,939 15,242 3,789 3,789 12,934 12,885 2,354 2,397 Due after five years through ten years 28,909 27,323 3,969 3,866 30,890 30,798 3,255 3,425 Due after ten years 54,629 52,045 27,219 25,901 81,548 82,450 — — Subtotal 99,477 94,610 34,977 33,556 125,372 126,133 6,372 6,591 Mortgage-related securities 37,268 36,043 — — 33,015 33,169 — — Total $ 136,745 130,653 34,977 33,556 $ 158,387 159,302 6,372 6,591

Loans Receivable (Tables)

Loans Receivable (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Summary of loans and leases outstanding	Loans and leases outstanding at March 31, 2022 and December 31, 2021 are detailed by category as follows: (dollars in thousands) March 31, 2022 December 31, 2021 Mortgage loans held for sale $ 81,258 80,882 Real estate loans: Commercial mortgage 531,157 516,928 Home equity lines and loans 50,657 52,299 Residential mortgage (1) 78,504 68,175 Construction 187,756 160,905 Total real estate loans 848,074 798,307 Commercial and industrial 318,692 293,771 Small business loans 109,627 114,158 Paycheck Protection Program loans ("PPP") 50,883 90,194 Main Street Lending Program Loans ("MSLP") 597 597 Consumer 478 419 Leases, net 101,413 88,242 Total portfolio loans and leases 1,429,764 1,385,688 Total loans and leases $ 1,511,022 1,466,570 Loans with predetermined rates $ 467,840 488,220 Loans with adjustable or floating rates 1,043,182 978,350 Total loans and leases $ 1,511,022 1,466,570 Net deferred loan origination costs $ 2,142 769 (1) Includes $17,375 and $17,558 of loans at fair value as of March 31, 2022 and December 31, 2021, respectively.
Schedule of components of the net investment in leases	Components of the net investment in leases at March 31, 2022 and December 31, 2021 are detailed as follows: (dollars in thousands) March 31, December 31, Minimum lease payments receivable $ 120,695 105,608 Unearned lease income (19,282) (17,366) Total $ 101,413 88,242
Schedule of age analysis of past due loans and leases	The following tables present an aging of the Corporation’s loan and lease portfolio as of March 31, 2022 and December 31, 2021, respectively: March 31, 2022 30-89 days 90+ days Total past Current Total Nonaccrual Total loans Delinquency (dollars in thousands) Commercial mortgage $ — — — 531,157 531,157 — 531,157 — % Home equity lines and loans 299 — 299 49,359 49,658 999 50,657 2.56 Residential mortgage (1) 1,176 — 1,176 74,916 76,092 2,412 78,504 4.57 Construction — — — 187,756 187,756 — 187,756 — Commercial and industrial — — — 299,943 299,943 18,749 318,692 5.88 Small business loans — — — 108,961 108,961 666 109,627 0.61 Paycheck Protection Program loans — — — 50,883 50,883 — 50,883 — Main Street Lending Program loans — — — 597 597 — 597 — Consumer — — — 478 478 — 478 — Leases, net 1,322 — 1,322 100,091 101,413 — 101,413 1.30 Total $ 2,797 — 2,797 1,404,141 1,406,938 22,826 1,429,764 1.79 % (1) Includes $17,375 of loans at fair value as of March 31, 2022 ($16,276 are current, $482 are 30-89 days past due, and $617 are nonaccrual). December 31, 2021 30-89 days 90+ days Total past Current Total Nonaccrual Total loans Delinquency (dollars in thousands) Commercial mortgage $ — — — 516,928 516,928 — 516,928 — % Home equity lines and loans 103 — 103 51,285 51,388 911 52,299 1.94 Residential mortgage (1) 600 — 600 65,177 65,777 2,398 68,175 4.40 Construction — — — 160,905 160,905 — 160,905 — Commercial and industrial — — — 274,970 274,970 18,801 293,771 6.40 Small business loans — — — 113,492 113,492 666 114,158 0.58 Paycheck Protection Program loans — — — 90,194 90,194 — 90,194 — Main Street Lending Program loans — — — 597 597 — 597 — Consumer — — — 419 419 — 419 — Leases, net 390 — 390 87,640 88,030 212 88,242 0.68 Total $ 1,093 — 1,093 1,361,607 1,362,700 22,988 1,385,688 1.74 % (1) Includes $17,558 of loans at fair value as of December 31, 2021 ($16,768 are current, $189 are 30-89 days past due and $601 are nonaccrual).

Allowance for Loan Losses (th_2

Allowance for Loan Losses (the “Allowance”) (Tables)	3 Months Ended
	Mar. 31, 2022
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]
Roll-forward of allowance for loan and lease losses by portfolio segment	The following tables detail the roll-forward of the Corporation’s Allowance, by portfolio segment, for the three month periods ended March 31, 2022 and 2021, respectively: (dollars in thousands) Balance, December 31, 2021 Charge-offs Recoveries Provision (Credit) Balance, March 31, 2022 Commercial mortgage $ 4,950 — — (800) 4,150 Home equity lines and loans 224 — 6 (22) 208 Residential mortgage 283 — 2 72 357 Construction 2,042 — — 215 2,257 Commercial and industrial 6,533 — 11 825 7,369 Small business loans 3,737 — — (365) 3,372 Consumer 3 — — — 3 Leases 986 (566) — 690 1,110 Total $ 18,758 (566) 19 615 18,826 (dollars in thousands) Balance, December 31, 2020 Charge-offs Recoveries Provision (Credit) Balance, March 31, 2021 Commercial mortgage $ 7,451 — — 204 7,655 Home equity lines and loans 434 — 2 (126) 310 Residential mortgage 385 — 2 (73) 314 Construction 2,421 — — (110) 2,311 Commercial and industrial 5,431 — 5 (150) 5,286 Small business loans 1,259 — — 661 1,920 Consumer 4 — 1 (1) 4 Leases 382 — — 194 576 Total $ 17,767 — 10 599 18,376
Schedule of allocation of the allowance for loan and lease losses	The following tables detail the allocation of the allowance for loan and lease losses and the carrying value for loans and leases by portfolio segment based on the methodology used to evaluate the loans and leases for impairment as of March 31, 2022 and December 31, 2021. Allowance on loans and leases Carrying value of loans and leases March 31, 2022 Individually Collectively Total Individually Collectively Total (dollars in thousands) Commercial mortgage $ — 4,150 4,150 3,540 527,617 531,157 Home equity lines and loans — 208 208 999 49,658 50,657 Residential mortgage — 357 357 1,795 59,334 61,129 Construction — 2,257 2,257 1,206 186,550 187,756 Commercial and industrial 3,804 3,565 7,369 16,900 301,792 318,692 Small business loans 376 2,996 3,372 776 108,851 109,627 Paycheck Protection Program loans — — — — 50,883 50,883 (2) Main Street Lending Program — — — — 597 597 (2) Consumer — 3 3 — 478 478 Leases, net — 1,110 1,110 — 101,413 101,413 Total $ 4,180 14,646 18,826 25,216 1,387,173 1,412,389 (1) Allowance on loans and leases Carrying value of loans and leases December 31, 2021 Individually Collectively Total Individually Collectively Total (dollars in thousands) Commercial mortgage $ — 4,950 4,950 3,556 513,372 516,928 Home equity lines and loans — 224 224 905 51,394 52,299 Residential mortgage — 283 283 1,797 48,820 50,617 Construction — 2,042 2,042 1,206 159,699 160,905 Commercial and industrial 2,900 3,633 6,533 17,361 276,410 293,771 Small business loans 376 3,361 3,737 792 113,366 114,158 Paycheck Protection Program loans — — — — 90,194 90,194 (2) Main Street Lending Program — — — — 597 597 (2) Consumer — 3 3 — 419 419 Leases, net — 986 986 212 88,030 88,242 Total $ 3,276 15,482 18,758 25,829 1,342,301 1,368,130 (1) (1) Excludes deferred fees and loans carried at fair value. (2) PPP and MSLP loans are not reserved against as they are 100% guaranteed.
Schedule of carrying value of loans and leases by portfolio segment based on the credit quality indicators	The following tables detail the carrying value of loans and leases by portfolio segment based on the credit quality indicators used to determine the allowance for loan and lease losses as of March 31, 2022 and December 31, 2021: March 31, 2022 Pass Special Substandard Doubtful Total (dollars in thousands) Commercial mortgage $ 494,850 30,543 5,764 — 531,157 Home equity lines and loans 49,177 — 1,480 — 50,657 Construction 178,728 9,028 — — 187,756 Commercial and industrial 261,848 11,056 45,788 — 318,692 Small business loans 108,961 — 666 — 109,627 Paycheck Protection Program loans 50,883 — — — 50,883 Main Street Lending Program loans 597 — — — 597 Total $ 1,145,044 50,627 53,698 — 1,249,369 Commercial and industrial loans classified as substandard totaled $45.8 million as of March 31, 2022, an increase of $2.9 million, from $42.9 million as of December 31, 2021. The majority of this amount is a $13.8 million commercial loan relationship in the advertising industry that became a non-performing loan relationship late in 2021. The remaining amount was comprised of 19 different loan relationships with no specific industry concentration. December 31, 2021 Pass Special Substandard Doubtful Total (dollars in thousands) Commercial mortgage $ 481,551 29,452 5,925 — 516,928 Home equity lines and loans 50,908 — 1,391 — 52,299 Construction 151,608 9,297 — — 160,905 Commercial and industrial 236,298 14,603 42,870 — 293,771 Small business loans 112,096 — 2,062 — 114,158 Paycheck Protection Program loans 90,194 — — — 90,194 Main Street Lending Program loans 597 — — — 597 Total $ 1,123,252 53,352 52,248 — 1,228,852
Schedule of allocations based on the credit quality indicators	In addition to credit quality indicators as shown in the above tables, allowance allocations for residential mortgages, consumer loans and leases are also applied based on their performance status as of March 31, 2022 and December 31, 2021. March 31, 2022 December 31, 2021 (dollars in thousands) Performing Nonperforming Total Performing Nonperforming Total Residential mortgage (1) $ 59,335 1,795 61,130 $ 48,820 1,797 50,617 Consumer 478 — 478 419 — 419 Leases, net 101,413 — 101,413 88,030 212 88,242 Total $ 161,226 1,795 163,021 $ 137,269 2,009 139,278
Schedule of recorded investment and principal balance of impaired loans	The following tables detail the recorded investment and principal balance of impaired loans by portfolio segment, their related Allowance and interest income recognized for the periods. As of March 31, 2022 As of December 31, 2021 (dollars in thousands) Recorded Principal Related Recorded Principal Related Impaired loans with related allowance: Commercial and industrial $ 16,466 16,644 3,804 17,147 17,310 2,900 Small business loans 666 666 376 666 666 376 Home equity lines and loans — — — — — — Residential mortgage — — — — — — Total $ 17,132 17,310 4,180 17,813 17,976 3,276 Impaired loans without related allowance: Commercial mortgage $ 3,540 3,545 — 3,556 3,559 — Commercial and industrial 433 505 — 214 269 — Small business loans 110 110 — 126 126 — Home equity lines and loans 999 1,033 — 905 935 — Residential mortgage 1,795 1,795 — 1,797 1,797 — Construction 1,206 1,206 — 1,206 1,206 — Leases — — — 212 212 — Total 8,083 8,194 — 8,016 8,104 — Grand Total $ 25,215 25,504 4,180 25,829 26,080 3,276
Schedule of average recorded investment on impaired loans	The following table details the average recorded investment and interest income recognized on impaired loans by portfolio segment. Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (dollars in thousands) Average Interest Average Interest Impaired loans with related allowance: Commercial and industrial $ 16,487 — 3,826 5 Small business loans 666 — 918 — Home equity lines and loans — — 95 — Residential mortgage — — 688 — Total $ 17,153 — 5,527 5 Impaired loans without related allowance: Commercial mortgage $ 3,547 19 735 8 Commercial and industrial 454 — 579 — Small business loans 117 3 176 4 Home equity lines and loans 1,002 — 825 — Residential mortgage 1,796 2 1,127 — Construction 1,206 15 1,206 15 Leases — — 122 — Total $ 8,122 39 4,770 27 Grand Total $ 25,275 39 10,297 32
Schedule of TDRs	The balance of TDRs at March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 December 31, 2021 (dollars in thousands) TDRs included in nonperforming loans and leases $ 358 361 TDRs in compliance with modified terms 3,007 3,446 Total TDRs $ 3,365 3,807

Short-Term Borrowings and Long-

Short-Term Borrowings and Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of short term borrowings	Short-term borrowings at March 31, 2022 and December 31, 2021 consisted of the following notes: Balance as of (dollars in thousands) Maturity Interest March 31, December 31, Open Repo Plus Weekly 05/31/2022 0.45 % 31,250 36,458 Mid-term Repo-fixed 09/12/2022 0.23 4,886 4,886 Total $ 36,136 41,344

Servicing Assets (Tables)

Servicing Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Mortgage Servicing Rights
Servicing Assets at Fair Value [Line Items]
Schedule of servicing assets	Changes in the MSR balance are summarized as follows: Three Months Ended March 31, (dollars in thousands) 2022 2021 Balance at beginning of the period $ 10,756 4,647 Servicing rights capitalized 532 2,342 Amortization of servicing rights (404) (199) Change in valuation allowance 4 328 Balance at end of the period $ 10,888 7,118
Schedule of valuation allowance for servicing assets	Activity in the valuation allowance for MSRs was as follows: Three Months Ended March 31, (dollars in thousands) 2022 2021 Valuation allowance, beginning of period $ (8) (435) Impairment — — Recovery 4 328 Valuation allowance, end of period $ (4) (107)
Schedule of sensitivity of fair value of servicing assets	At March 31, 2022 and December 31, 2021, the sensitivity of the current fair value of the residential mortgage servicing rights to immediate 10% and 20% favorable and unfavorable changes in key economic assumptions are included in the following table. (dollars in thousands) March 31, 2022 December 31, 2021 Fair value of residential mortgage servicing rights $ 11,928 $ 11,241 Weighted average life (months) 13 11 Prepayment speed 9.72 % 7.23 % Impact on fair value: 10% adverse change $ (284) $ (376) 20% adverse change (555) (731) Discount rate 9.00 % 9.00 % Impact on fair value: 10% adverse change $ (418) $ (436) 20% adverse change (808) (840)
SBA Loan Servicing Rights
Servicing Assets at Fair Value [Line Items]
Schedule of servicing assets	Changes in the SBA loan servicing asset balance are summarized as follows: Three Months Ended March 31, (dollars in thousands) 2022 2021 Balance at beginning of the period $ 2,009 970 Servicing rights capitalized 593 274 Amortization of servicing rights (125) (67) Change in valuation allowance 31 (17) Balance at end of the period $ 2,508 1,160
Schedule of valuation allowance for servicing assets	Activity in the valuation allowance for SBA loan servicing assets was as follows: Three Months Ended March 31, (dollars in thousands) 2022 2021 Valuation allowance, beginning of period $ (96) (39) Impairment — (17) Recovery 31 — Valuation allowance, end of period $ (65) (56)
Schedule of sensitivity of fair value of servicing assets	At March 31, 2022 and December 31, 2021, the sensitivity of the current fair value of the SBA loan servicing rights to immediate 10% and 20% favorable and unfavorable changes in key economic assumptions are included in the following table. (dollars in thousands) March 31, 2022 December 31, 2021 Fair value of SBA loan servicing rights $ 2,629 $ 2,107 Weighted average life (years) 3.8 3.8 Prepayment speed 13.03 % 12.38 % Impact on fair value: 10% adverse change $ (96) $ (69) 20% adverse change (183) (132) Discount rate 8.67 % 9.01 % Impact on fair value: 10% adverse change $ (71) $ (54) 20% adverse change (138) (106)

Fair Value Measurements and D_2

Fair Value Measurements and Disclosures (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of financial assets measured at fair value on a recurring basis	For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2022 and December 31, 2021 are as follows : March 31, 2022 (dollars in thousands) Total Level 1 Level 2 Level 3 Assets Securities available for sale: U.S. asset backed securities $ 14,522 — 14,522 — U.S. government agency mortgage-backed securities 9,133 — 9,133 — U.S. government agency collateralized mortgage obligations 21,196 — 21,196 — State and municipal securities 42,660 — 42,660 — U.S. Treasuries 31,097 31,097 — — Non-U.S. government agency collateralized mortgage obligations 5,714 — 5,714 Corporate bonds 6,331 — 6,331 — Equity investments 2,240 — 2,240 — Mortgage loans held for sale 81,258 — 81,258 — Mortgage loans held for investment 17,375 — 17,375 — Interest rate lock commitments 587 — — 587 Forward commitments 905 — 905 — Customer derivatives - interest rate swaps 2,256 — 2,256 — Total $ 235,274 31,097 203,590 587 Liabilities Interest rate lock commitments 808 — — 808 Forward commitments 6 — 6 — Customer derivatives - interest rate swaps 2,280 — 2,280 — $ 3,094 — 2,286 808 December 31, 2021 (dollars in thousands) Total Level 1 Level 2 Level 3 Assets Securities available for sale: U.S. asset backed securities $ 16,837 — 16,837 — U.S. government agency mortgage-backed securities 9,813 — 9,813 — U.S. government agency collateralized mortgage obligations 22,381 — 22,381 — State and municipal securities 72,982 — 72,982 — U.S. Treasuries 29,728 29,728 — — Non-U.S. government agency collateralized mortgage obligations 975 — 975 — Corporate bonds 6,586 — 6,586 — Equity investments 2,354 — 2,354 — Mortgage loans held for sale 80,882 — 80,882 — Mortgage loans held for investment 17,558 — 17,558 — Interest rate lock commitments 1,122 — — 1,122 Forward commitments 65 — 65 — Customer derivatives - interest rate swaps 961 — 961 — Total $ 262,244 29,728 231,394 1,122 Liabilities Interest rate lock commitments 203 — — 203 Forward commitments 106 — 106 — Customer derivatives - interest rate swaps 1,018 — 1,018 — $ 1,327 — 1,124 203
Schedule of financial assets measured at fair value on non-recurring basis	Assets measured at fair value on a nonrecurring basis at March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 December 31, 2021 (dollars in thousands) Fair Value Fair Value Mortgage servicing rights $ 10,888 10,756 SBA loan servicing rights 2,508 2,009 Impaired loans (1) Commercial and industrial 3,960 1,837 Small business loans — 290 Total $ 17,356 14,892
Schedule of measurement inputs	he following table details the valuation techniques for Level 3 impaired loans. Fair Value Valuation Range of (dollars in thousands) Level 3 Technique Significant Unobservable Input Inputs March 31, 2022 $ 3,960 Appraisal of collateral Management adjustments on appraisals for property type and recent activity 2%-15% discount December 31, 2021 $ 2,127 Appraisal of collateral Management adjustments on appraisals for property type and recent activity 2%-15% discount The following table details the valuation techniques for Level 3 interest rate lock commitments. Fair Value Valuation Technique Significant Range of Weighted Average March 31, 2022 $ 587 Market comparable pricing Pull through 1 - 99 93.26% December 31, 2021 1,122 Market comparable pricing Pull through 1 - 99 87.66
Schedule of estimated fair values of financial instruments	The estimated fair values of the Corporation’s financial instruments at March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 December 31, 2021 (dollars in thousands) Fair Value Carrying Fair value Carrying Fair value Financial assets: Cash and cash equivalents Level 1 $ 68,888 68,888 23,480 23,480 Securities available-for-sale (1) Level 2 130,653 130,653 159,302 159,302 Securities held-to-maturity Level 2 34,977 33,556 6,372 6,591 Equity investments Level 2 2,240 2,240 2,354 2,354 Mortgage loans held for sale Level 2 81,258 81,258 80,882 80,882 Loans receivable, net of the allowance for loan and lease losses Level 3 1,414,531 1,403,767 1,368,899 1,370,885 Mortgage loans held for investment Level 2 17,375 17,375 17,558 17,558 Interest rate lock commitments Level 3 587 587 1,122 1,122 Forward commitments Level 2 905 905 65 65 Restricted investment in bank stock NA 4,330 NA 5,117 NA Accrued interest receivable Level 3 4,848 4,848 5,009 5,009 Customer derivatives - interest rate swaps Level 2 2,256 2,256 961 961 Financial liabilities: Deposits Level 2 1,564,851 1,574,600 1,446,413 1,549,100 Short-term borrowings Level 2 36,136 36,136 41,344 41,344 Subordinated debentures Level 2 40,538 38,490 40,508 40,803 Accrued interest payable Level 2 575 575 31 31 Interest rate lock commitments Level 3 808 808 203 203 Forward commitments Level 2 6 6 106 106 Customer derivatives - interest rate swaps Level 2 2,280 2,280 1,018 1,018 Notional Notional Off-balance sheet financial instruments: amount Fair value amount Fair value Commitments to extend credit Level 2 $ 475,176 — 486,632 — Letters of credit Level 2 23,226 — 25,986 —
Schedule of level 3 inputs reconciliation	The following table includes a rollforward of interest rate lock commitments for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the three month periods ended March 31, 2022 and 2021. Three Months Ended March 31, 2022 2021 Balance at beginning of the period $ 1,122 6,932 Decrease in value (535) (3,647) Balance at end of the period $ 587 3,285

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of the notional amounts and fair values of derivative financial instruments	The following table presents a summary of the notional amounts and fair values of derivative financial instruments: March 31, 2022 December 31, 2021 (dollars in thousands) Balance Sheet Line Item Notional Amount Asset (Liability) Fair Value Notional Amount Asset (Liability) Fair Value Interest Rate Lock Commitments Positive fair values Other assets $ 71,681 587 108,653 1,122 Negative fair values Other liabilities 66,501 (808) 35,264 (203) Total 138,182 (221) 143,917 919 Forward Commitments Positive fair values Other assets 49,000 905 30,500 65 Negative fair values Other liabilities 2,500 (6) 45,500 (106) Total 51,500 899 76,000 (41) Customer Derivatives - Interest Rate Swaps Positive fair values Other assets 42,117 2,256 35,447 961 Negative fair values Other liabilities 42,117 (2,280) 35,447 (1,018) Total 84,234 (24) 70,894 (57) Total derivative financial instruments $ 273,916 654 290,811 821
Summary of the fair value gains and losses on derivative financial instruments	The following table presents a summary of the fair value gains and losses on derivative financial instruments: Three Months Ended March 31, (dollars in thousands) 2022 2021 Interest Rate Lock Commitments $ (1,140) (4,437) Forward Commitments 940 3,396 Customer Derivatives - Interest Rate Swaps 33 97 Net fair value losses on derivative financial instruments $ (167) (944)

Segments (Tables)

Segments (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of business segment financial information	The table below summarizes income and expenses, directly attributable to each business line, which has been included in the statement of operations. Total assets for each segment is also provided. Segment Information Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (Dollars in thousands) Bank Wealth Mortgage Total Bank Wealth Mortgage Total Net interest income $ 15,610 94 331 16,035 $ 14,500 (14) 634 15,120 Provision for loan losses 615 — — 615 599 — — 599 Net interest income after provision 14,995 94 331 15,420 13,901 (14) 634 14,521 Non-interest Income Mortgage banking income 196 — 6,900 7,096 268 — 23,832 24,100 Wealth management income — 1,304 — 1,304 — 1,136 — 1,136 SBA income 2,520 — — 2,520 1,245 — — 1,245 Net change in fair values 32 — (2,100) (2,068) 98 — (5,011) (4,913) Net gain on hedging activity — — 2,827 2,827 — — 4,261 4,261 Other 628 (1) 796 1,423 712 — 507 1,219 Non-interest income 3,376 1,303 8,423 13,102 2,323 1,136 23,589 27,048 Non-interest expense 10,208 878 10,347 21,433 8,932 895 18,436 28,263 Income (loss) before income taxes $ 8,163 519 (1,593) 7,089 7,292 227 5,787 13,306 Total Assets $ 1,728,329 7,251 96,009 1,831,589 $ 1,578,721 6,092 159,164 1,743,977

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Schedule of Lease Cost	The components of lease expense were as follows: (dollars in thousands) Three Months Ended March 31, 2022 Operating lease expense $ 585 Short term lease expense 1 Variable lease expense — Total lease expense $ 586
Supplemental Cash Flow Information	Supplemental cash flow information related to leases was as follows: (dollars in thousands) Three Months Ended March 31, 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 560 ROU asset obtained in exchange for lease liabilities $ 10,995
Schedule of Maturity - ASC842	Maturities of operating lease liabilities under FASB ASC 842 "Leases" as of March 31, 2022 are as follows: (dollars in thousands) March 31, 2022 2022 $ 548 2023 1,892 2024 1,746 2025 1,456 2026 1,436 2027 and thereafter 3,134 Total operating lease liabilities $ 10,212

Earnings per Common Share (Deta

Earnings per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Numerator:
Net income available to common stockholders	$ 5,535	$ 10,170
Denominator for basic earnings per share
Weighted average shares outstanding (in shares)	6,128,000	6,119,000
Average unearned ESOP shares (in shares)	(105,000)	(119,000)
Basic weighted averages shares outstanding (in shares)	6,023,000	6,000,000
Dilutive effects of assumed exercises of stock options (in shares)	173,000	93,000
Dilutive effects of SERP shares (in shares)	$ 66,000	$ 53,000
Denominator for diluted earnings per share - adjusted weighted average shares outstanding (in shares)	6,262,000	6,146,000
Basic earnings per share (in dollars per share)	$ 0.92	$ 1.70
Diluted earnings per share (in dollars per share)	$ 0.88	$ 1.65
Antidilutive shares excluded from computation of average dilutive earnings per share (in shares)	21,000	22,000

Securities - Amortized cost and

Securities - Amortized cost and fair value (Details)	Mar. 31, 2022USD ($)security	Dec. 31, 2021USD ($)security
Securities available-for-sale:
Amortized cost	$ 136,745,000	$ 158,387,000
Gross unrealized gains	198,000	2,071,000
Gross unrealized losses	(6,290,000)	(1,156,000)
Fair value	$ 130,653,000	$ 159,302,000
# of Securities in unrealized loss position | security	109	62
Securities held-to-maturity:
Amortized cost	$ 34,977,000	$ 6,372,000
Gross unrealized gains	25,000	219,000
Gross unrealized losses	(1,446,000)	0
Fair value	$ 33,556,000	$ 6,591,000
# of Securities in unrealized loss position	15	0
U.S. asset backed securities
Securities available-for-sale:
Amortized cost	$ 14,664,000	$ 16,850,000
Gross unrealized gains	35,000	55,000
Gross unrealized losses	(177,000)	(68,000)
Fair value	$ 14,522,000	$ 16,837,000
# of Securities in unrealized loss position | security	10	10
U.S. government agency mortgage-backed securities
Securities available-for-sale:
Amortized cost	$ 9,352,000	$ 9,749,000
Gross unrealized gains	2,000	124,000
Gross unrealized losses	(221,000)	(60,000)
Fair value	$ 9,133,000	$ 9,813,000
# of Securities in unrealized loss position | security	8	3
U.S. government agency collateralized mortgage obligations
Securities available-for-sale:
Amortized cost	$ 22,037,000	$ 22,276,000
Gross unrealized gains	30,000	358,000
Gross unrealized losses	(871,000)	(253,000)
Fair value	$ 21,196,000	$ 22,381,000
# of Securities in unrealized loss position | security	21	10
State and municipal securities
Securities available-for-sale:
Amortized cost	$ 45,385,000	$ 72,099,000
Gross unrealized gains	107,000	1,379,000
Gross unrealized losses	(2,832,000)	(496,000)
Fair value	$ 42,660,000	$ 72,982,000
# of Securities in unrealized loss position | security	31	12
Securities held-to-maturity:
Amortized cost	$ 34,977,000	$ 6,372,000
Gross unrealized gains	25,000	219,000
Gross unrealized losses	(1,446,000)	0
Fair value	$ 33,556,000	$ 6,591,000
# of Securities in unrealized loss position	15	0
U.S. Treasuries
Securities available-for-sale:
Amortized cost	$ 32,978,000	$ 29,973,000
Gross unrealized gains	0	1,000
Gross unrealized losses	(1,881,000)	(246,000)
Fair value	$ 31,097,000	$ 29,728,000
# of Securities in unrealized loss position | security	25	21
Non-U.S. government agency collateralized mortgage obligations
Securities available-for-sale:
Amortized cost	$ 5,879,000	$ 990,000
Gross unrealized gains	0	0
Gross unrealized losses	(165,000)	(15,000)
Fair value	$ 5,714,000	$ 975,000
# of Securities in unrealized loss position | security	5	1
Corporate bonds
Securities available-for-sale:
Amortized cost	$ 6,450,000	$ 6,450,000
Gross unrealized gains	24,000	154,000
Gross unrealized losses	(143,000)	(18,000)
Fair value	$ 6,331,000	$ 6,586,000
# of Securities in unrealized loss position | security	9	5

Securities - Additional Informa

Securities - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022USD ($)security	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Investments, Debt and Equity Securities [Abstract]
Number of securities deemed other-than-temporarily impaired | security	0
Securities pledged as collateral fair value	$ 83,600,000		$ 92,200,000
Proceeds from the sale of available for sale investments	0	$ 13,639,000
Gross gain on sale of available for sale investments		248,000
Gross loss on sale of available for sale investments		$ 200,000
Securities transferred to held-to-maturity	27,700,000
After transfer unrealized loss	$ 1,300,000

Securities - Continuous Unreali

Securities - Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Activity in available-for-sale securities:
Less than 12 Months, Fair Value	$ 111,804	$ 71,969
12 Months or Longer, Fair Value	4,731	3,676
Total Fair Value	116,535	75,645
Less than 12 Months, Unrealized Losses	(5,894)	(1,021)
12 Months or Longer, Unrealized Losses	(396)	(135)
Total Unrealized Losses	(6,290)	(1,156)
Contractual Maturities, Held-to-maturity
Less than 12 Months, Fair Value	0
12 Months or Longer, Fair Value	24,955
Total Fair Value	24,955
Less than 12 Months, Unrecognized Loss	0
12 Months or Longer, Unrecognized Loss	(1,446)
Gross unrealized losses	(1,446)	0
U.S. asset backed securities
Activity in available-for-sale securities:
Less than 12 Months, Fair Value	10,458	12,330
12 Months or Longer, Fair Value	0	0
Total Fair Value	10,458	12,330
Less than 12 Months, Unrealized Losses	(177)	(68)
12 Months or Longer, Unrealized Losses	0	0
Total Unrealized Losses	(177)	(68)
U.S. government agency mortgage-backed securities
Activity in available-for-sale securities:
Less than 12 Months, Fair Value	8,979	3,852
12 Months or Longer, Fair Value	0	0
Total Fair Value	8,979	3,852
Less than 12 Months, Unrealized Losses	(221)	(60)
12 Months or Longer, Unrealized Losses	0	0
Total Unrealized Losses	(221)	(60)
U.S. government agency collateralized mortgage obligations
Activity in available-for-sale securities:
Less than 12 Months, Fair Value	13,740	8,836
12 Months or Longer, Fair Value	4,196	1,657
Total Fair Value	17,936	10,493
Less than 12 Months, Unrealized Losses	(513)	(187)
12 Months or Longer, Unrealized Losses	(358)	(66)
Total Unrealized Losses	(871)	(253)
State and municipal securities
Activity in available-for-sale securities:
Less than 12 Months, Fair Value	37,982	14,994
12 Months or Longer, Fair Value	535	2,019
Total Fair Value	38,517	17,013
Less than 12 Months, Unrealized Losses	(2,794)	(427)
12 Months or Longer, Unrealized Losses	(38)	(69)
Total Unrealized Losses	(2,832)	(496)
Contractual Maturities, Held-to-maturity
Less than 12 Months, Fair Value	0
12 Months or Longer, Fair Value	24,955
Total Fair Value	24,955
Less than 12 Months, Unrecognized Loss	0
12 Months or Longer, Unrecognized Loss	(1,446)
Gross unrealized losses	(1,446)	0
U.S. Treasuries
Activity in available-for-sale securities:
Less than 12 Months, Fair Value	31,097	28,750
12 Months or Longer, Fair Value	0	0
Total Fair Value	31,097	28,750
Less than 12 Months, Unrealized Losses	(1,881)	(246)
12 Months or Longer, Unrealized Losses	0	0
Total Unrealized Losses	(1,881)	(246)
Non-U.S. government agency collateralized mortgage obligations
Activity in available-for-sale securities:
Less than 12 Months, Fair Value	4,741	975
12 Months or Longer, Fair Value	0	0
Total Fair Value	4,741	975
Less than 12 Months, Unrealized Losses	(165)	(15)
12 Months or Longer, Unrealized Losses	0	0
Total Unrealized Losses	(165)	(15)
Corporate bonds
Activity in available-for-sale securities:
Less than 12 Months, Fair Value	4,807	2,232
12 Months or Longer, Fair Value	0	0
Total Fair Value	4,807	2,232
Less than 12 Months, Unrealized Losses	(143)	(18)
12 Months or Longer, Unrealized Losses	0	0
Total Unrealized Losses	$ (143)	$ (18)

Securities - Contractual Maturi

Securities - Contractual Maturities (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Contractual Maturities, Available-for-sale, Amortized Cost
Due in one year or less	$ 0	$ 0
Due after one year through five years	15,939,000	12,934,000
Due after five years through ten years	28,909,000	30,890,000
Due after ten years	54,629,000	81,548,000
Subtotal	99,477,000	125,372,000
Mortgage-related securities	37,268,000	33,015,000
Amortized cost	136,745,000	158,387,000
Contractual Maturities, Available-for-sale, Fair Value
Due in one year or less	0	0
Due after one year through five years	15,242,000	12,885,000
Due after five years through ten years	27,323,000	30,798,000
Due after ten years	52,045,000	82,450,000
Subtotal	94,610,000	126,133,000
Mortgage-related securities	36,043,000	33,169,000
Fair value	130,653,000	159,302,000
Contractual Maturities, Held-to-maturity, Amortized Cost
Due in one year or less	0	763,000
Due after one year through five years	3,789,000	2,354,000
Due after five years through ten years	3,969,000	3,255,000
Due after ten years	27,219,000	0
Subtotal	34,977,000	6,372,000
Mortgage-related securities	0	0
Amortized cost	34,977,000	6,372,000
Contractual Maturities, Held-to-maturity, Fair Value
Due in one year or less	0	769,000
Due after one year through five years	3,789,000	2,397,000
Due after five years through ten years	3,866,000	3,425,000
Due after ten years	25,901,000	0
Subtotal	33,556,000	6,591,000
Mortgage-related securities	0	0
Fair value	$ 33,556,000	$ 6,591,000

Loans Receivable - Loans and le

Loans Receivable - Loans and leases outstanding by category (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Loans Receivable
Mortgage loans held for sale	$ 81,258	$ 80,882
Total loans and leases	1,429,764	1,385,688
Total loans and leases	1,511,022	1,466,570
Loans with predetermined rates	467,840	488,220
Loans with adjustable or floating rates	1,043,182	978,350
Net deferred loan origination costs	2,142	769
Loans at fair value	17,375	17,558
Real estate loans:
Loans Receivable
Total loans and leases	848,074	798,307
Real estate loans: | Commercial mortgage
Loans Receivable
Total loans and leases	531,157	516,928
Real estate loans: | Home equity lines and loans
Loans Receivable
Total loans and leases	50,657	52,299
Real estate loans: | Residential Mortgage
Loans Receivable
Total loans and leases	78,504	68,175
Loans at fair value	17,375	17,558
Real estate loans: | Construction
Loans Receivable
Total loans and leases	187,756	160,905
Commercial and industrial
Loans Receivable
Total loans and leases	318,692	293,771
Small business loans
Loans Receivable
Total loans and leases	109,627	114,158
Paycheck Protection Program loans ("PPP")
Loans Receivable
Total loans and leases	50,883	90,194
Main Street Lending Program Loans ("MSLP")
Loans Receivable
Total loans and leases	597	597
Consumer
Loans Receivable
Total loans and leases	478	419
Leases, net
Loans Receivable
Total loans and leases	$ 101,413	$ 88,242

Loans Receivable - Components o

Loans Receivable - Components of the net investment in leases (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Minimum lease payments receivable	$ 120,695
Unearned lease income	(19,282)
Total	$ 101,413
Minimum lease payments receivable, pre asc 842 adoption		$ 105,608
Unearned lease income, pre asc 842 adoption		(17,366)
Total, pre asc 842 adoption		$ 88,242

Loans Receivable - Age analysis

Loans Receivable - Age analysis of past due loans and leases (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Age Analysis of Past Due Loans and Leases
Total loans and leases	$ 1,429,764	$ 1,385,688
90+ days past due and still accruing	0	0
Total past due	2,797	1,093
Finance Receivable, Total Accruing Loans and Leases	$ 1,406,938	$ 1,362,700
Delinquency percentage	1.79%	1.74%
Loans at fair value	$ 17,375	$ 17,558
Residential Mortgage | Residential Mortgage
Age Analysis of Past Due Loans and Leases
Loans at fair value	17,375	17,558
Commercial and industrial
Age Analysis of Past Due Loans and Leases
Total loans and leases	318,692	293,771
90+ days past due and still accruing	0	0
Total past due	0	0
Finance Receivable, Total Accruing Loans and Leases	$ 299,943	$ 274,970
Delinquency percentage	5.88%	6.40%
Small business loans
Age Analysis of Past Due Loans and Leases
Total loans and leases	$ 109,627	$ 114,158
90+ days past due and still accruing	0	0
Total past due	0	0
Finance Receivable, Total Accruing Loans and Leases	$ 108,961	$ 113,492
Delinquency percentage	0.61%	0.58%
Paycheck Protection Program loans ("PPP")
Age Analysis of Past Due Loans and Leases
Total loans and leases	$ 50,883	$ 90,194
90+ days past due and still accruing	0	0
Total past due	0	0
Finance Receivable, Total Accruing Loans and Leases	50,883	90,194
Main Street Lending Program Loans ("MSLP")
Age Analysis of Past Due Loans and Leases
Total loans and leases	597	597
90+ days past due and still accruing	0	0
Total past due	0	0
Finance Receivable, Total Accruing Loans and Leases	597	597
Leases, net
Age Analysis of Past Due Loans and Leases
Total loans and leases	101,413	88,242
90+ days past due and still accruing	0	0
Total past due	1,322	390
Finance Receivable, Total Accruing Loans and Leases	$ 101,413	$ 88,030
Delinquency percentage	1.30%	0.68%
Real estate loans:
Age Analysis of Past Due Loans and Leases
Total loans and leases	$ 848,074	$ 798,307
Real estate loans: | Commercial mortgage
Age Analysis of Past Due Loans and Leases
Total loans and leases	531,157	516,928
90+ days past due and still accruing	0	0
Total past due	0	0
Finance Receivable, Total Accruing Loans and Leases	$ 531,157	$ 516,928
Delinquency percentage	0.00%	0.00%
Real estate loans: | Home equity lines and loans
Age Analysis of Past Due Loans and Leases
Total loans and leases	$ 50,657	$ 52,299
90+ days past due and still accruing	0	0
Total past due	299	103
Finance Receivable, Total Accruing Loans and Leases	$ 49,658	$ 51,388
Delinquency percentage	2.56%	1.94%
Real estate loans: | Residential Mortgage
Age Analysis of Past Due Loans and Leases
Total loans and leases	$ 78,504	$ 68,175
90+ days past due and still accruing	0	0
Total past due	1,176	600
Finance Receivable, Total Accruing Loans and Leases	$ 76,092	$ 65,777
Delinquency percentage	4.57%	4.40%
Loans at fair value	$ 17,375	$ 17,558
Real estate loans: | Construction
Age Analysis of Past Due Loans and Leases
Total loans and leases	187,756	160,905
90+ days past due and still accruing	0	0
Total past due	0	0
Finance Receivable, Total Accruing Loans and Leases	187,756	160,905
Consumer
Age Analysis of Past Due Loans and Leases
Total loans and leases	478	419
90+ days past due and still accruing	0	0
Total past due	0	0
Finance Receivable, Total Accruing Loans and Leases	478	419
30-89 days past due
Age Analysis of Past Due Loans and Leases
Total loans and leases	2,797	1,093
30-89 days past due | Residential Mortgage | Residential Mortgage
Age Analysis of Past Due Loans and Leases
Loans at fair value	482	189
30-89 days past due | Commercial and industrial
Age Analysis of Past Due Loans and Leases
Total loans and leases	0	0
30-89 days past due | Small business loans
Age Analysis of Past Due Loans and Leases
Total loans and leases	0	0
30-89 days past due | Paycheck Protection Program loans ("PPP")
Age Analysis of Past Due Loans and Leases
Total loans and leases	0	0
30-89 days past due | Main Street Lending Program Loans ("MSLP")
Age Analysis of Past Due Loans and Leases
Total loans and leases	0	0
30-89 days past due | Leases, net
Age Analysis of Past Due Loans and Leases
Total loans and leases	1,322	390
30-89 days past due | Real estate loans: | Commercial mortgage
Age Analysis of Past Due Loans and Leases
Total loans and leases	0	0
30-89 days past due | Real estate loans: | Home equity lines and loans
Age Analysis of Past Due Loans and Leases
Total loans and leases	299	103
30-89 days past due | Real estate loans: | Residential Mortgage
Age Analysis of Past Due Loans and Leases
Total loans and leases	1,176	600
30-89 days past due | Real estate loans: | Construction
Age Analysis of Past Due Loans and Leases
Total loans and leases	0	0
30-89 days past due | Consumer
Age Analysis of Past Due Loans and Leases
Total loans and leases	0	0
Current
Age Analysis of Past Due Loans and Leases
Total loans and leases	1,404,141	1,361,607
Current | Residential Mortgage | Residential Mortgage
Age Analysis of Past Due Loans and Leases
Loans at fair value	16,276	16,768
Current | Commercial and industrial
Age Analysis of Past Due Loans and Leases
Total loans and leases	299,943	274,970
Current | Small business loans
Age Analysis of Past Due Loans and Leases
Total loans and leases	108,961	113,492
Current | Paycheck Protection Program loans ("PPP")
Age Analysis of Past Due Loans and Leases
Total loans and leases	50,883	90,194
Current | Main Street Lending Program Loans ("MSLP")
Age Analysis of Past Due Loans and Leases
Total loans and leases	597	597
Current | Leases, net
Age Analysis of Past Due Loans and Leases
Total loans and leases	100,091	87,640
Current | Real estate loans: | Commercial mortgage
Age Analysis of Past Due Loans and Leases
Total loans and leases	531,157	516,928
Current | Real estate loans: | Home equity lines and loans
Age Analysis of Past Due Loans and Leases
Total loans and leases	49,359	51,285
Current | Real estate loans: | Residential Mortgage
Age Analysis of Past Due Loans and Leases
Total loans and leases	74,916	65,177
Current | Real estate loans: | Construction
Age Analysis of Past Due Loans and Leases
Total loans and leases	187,756	160,905
Current | Consumer
Age Analysis of Past Due Loans and Leases
Total loans and leases	478	419
Nonaccrual
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	22,826	22,988
Nonaccrual | Residential Mortgage | Residential Mortgage
Age Analysis of Past Due Loans and Leases
Loans at fair value	617	601
Nonaccrual | Commercial and industrial
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	18,749	18,801
Nonaccrual | Small business loans
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	666	666
Nonaccrual | Paycheck Protection Program loans ("PPP")
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	0	0
Nonaccrual | Main Street Lending Program Loans ("MSLP")
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	0	0
Nonaccrual | Leases, net
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	0	212
Nonaccrual | Real estate loans: | Commercial mortgage
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	0	0
Nonaccrual | Real estate loans: | Home equity lines and loans
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	999	911
Nonaccrual | Real estate loans: | Residential Mortgage
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	2,412	2,398
Nonaccrual | Real estate loans: | Construction
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	0	0
Nonaccrual | Consumer
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	$ 0	$ 0

Allowance for Loan Losses (th_3

Allowance for Loan Losses (the “Allowance”) - Roll-forward of allowance by portfolio segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	$ 18,758	$ 17,767
Charge-offs	(566)	0
Recoveries	19	10
Provision (Credit)	615	599
Balance at end of period	18,826	18,376
Commercial mortgage
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	4,950	7,451
Charge-offs	0	0
Recoveries	0	0
Provision (Credit)	(800)	204
Balance at end of period	4,150	7,655
Home equity lines and loans
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	224	434
Charge-offs	0	0
Recoveries	6	2
Provision (Credit)	(22)	(126)
Balance at end of period	208	310
Residential Mortgage
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	283	385
Charge-offs	0	0
Recoveries	2	2
Provision (Credit)	72	(73)
Balance at end of period	357	314
Construction
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	2,042	2,421
Charge-offs	0	0
Recoveries	0	0
Provision (Credit)	215	(110)
Balance at end of period	2,257	2,311
Commercial and industrial
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	6,533	5,431
Charge-offs	0	0
Recoveries	11	5
Provision (Credit)	825	(150)
Balance at end of period	7,369	5,286
Small business loans
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	3,737	1,259
Charge-offs	0	0
Recoveries	0	0
Provision (Credit)	(365)	661
Balance at end of period	3,372	1,920
Consumer
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	3	4
Charge-offs	0	0
Recoveries	0	1
Provision (Credit)	0	(1)
Balance at end of period	3	4
Leases, net
Roll-Forward of Allowance for Loan and Lease Losses by Portfolio Segment
Balance at beginning of period	986	382
Charge-offs	(566)	0
Recoveries	0	0
Provision (Credit)	690	194
Balance at end of period	$ 1,110	$ 576

Allowance for Loan Losses (th_4

Allowance for Loan Losses (the “Allowance”) - Allowance allocated by portfolio segment (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2020	Dec. 31, 2021	Mar. 31, 2021
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	$ 4,180		$ 3,276
Allowance on loans and leases collectively evaluated for impairment	14,646		15,482
Total	18,826	$ 17,767	18,758	$ 18,376
Carrying value of loans and leases individually evaluated for impairment	25,216		25,829
Carrying value of loans and leases collectively evaluated for impairment	1,387,173		1,342,301
Total	1,412,389		1,368,130
Commercial mortgage
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	4,150		4,950
Total	4,150	7,451	4,950	7,655
Carrying value of loans and leases individually evaluated for impairment	3,540		3,556
Carrying value of loans and leases collectively evaluated for impairment	527,617		513,372
Total	531,157		516,928
Home equity lines and loans
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	208		224
Total	208	434	224	310
Carrying value of loans and leases individually evaluated for impairment	999		905
Carrying value of loans and leases collectively evaluated for impairment	49,658		51,394
Total	50,657		52,299
Residential Mortgage
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	357		283
Total	357	385	283	314
Carrying value of loans and leases individually evaluated for impairment	1,795		1,797
Carrying value of loans and leases collectively evaluated for impairment	59,334		48,820
Total	61,129		50,617
Construction
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	2,257		2,042
Total	2,257	2,421	2,042	2,311
Carrying value of loans and leases individually evaluated for impairment	1,206		1,206
Carrying value of loans and leases collectively evaluated for impairment	186,550		159,699
Total	187,756		160,905
Commercial and industrial
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	3,804		2,900
Allowance on loans and leases collectively evaluated for impairment	3,565		3,633
Total	7,369	5,431	6,533	5,286
Carrying value of loans and leases individually evaluated for impairment	16,900		17,361
Carrying value of loans and leases collectively evaluated for impairment	301,792		276,410
Total	318,692		293,771
Small business loans
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	376		376
Allowance on loans and leases collectively evaluated for impairment	2,996		3,361
Total	3,372	1,259	3,737	1,920
Carrying value of loans and leases individually evaluated for impairment	776		792
Carrying value of loans and leases collectively evaluated for impairment	108,851		113,366
Total	109,627		114,158
Paycheck Protection Program loans ("PPP")
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	0		0
Total	0		0
Carrying value of loans and leases individually evaluated for impairment	0		0
Carrying value of loans and leases collectively evaluated for impairment	50,883		90,194
Total	50,883		90,194
Main Street Lending Program Loans ("MSLP")
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	0		0
Total	0		0
Carrying value of loans and leases individually evaluated for impairment	0		0
Carrying value of loans and leases collectively evaluated for impairment	597		597
Total	597		597
Consumer
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	3		3
Total	3	4	3	4
Carrying value of loans and leases individually evaluated for impairment	0		0
Carrying value of loans and leases collectively evaluated for impairment	478		419
Total	478		419
Leases, net
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	1,110		986
Total	1,110	$ 382	986	$ 576
Carrying value of loans and leases individually evaluated for impairment	0		212
Carrying value of loans and leases collectively evaluated for impairment	101,413		88,030
Total	$ 101,413		$ 88,242
Paycheck Protection Program And Main Street Lending Program Loans
Impaired Loans
Percentage Guaranteed	100.00%	100.00%

Allowance for Loan Losses (th_5

Allowance for Loan Losses (the “Allowance”) - Carrying value based on credit quality indicators (Details) $ in Thousands	Mar. 31, 2022USD ($)loan	Dec. 31, 2021USD ($)
Loans and Leases by Credit Ratings
Total loans and leases	$ 1,429,764	$ 1,385,688
Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Total loans and leases	1,249,369	1,228,852
Pass
Loans and Leases by Credit Ratings
Total loans and leases	1,145,044	1,123,252
Special mention
Loans and Leases by Credit Ratings
Total loans and leases	50,627	53,352
Substandard
Loans and Leases by Credit Ratings
Total loans and leases	53,698	52,248
Doubtful
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Commercial mortgage | Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Total loans and leases	531,157	516,928
Commercial mortgage | Pass
Loans and Leases by Credit Ratings
Total loans and leases	494,850	481,551
Commercial mortgage | Special mention
Loans and Leases by Credit Ratings
Total loans and leases	30,543	29,452
Commercial mortgage | Substandard
Loans and Leases by Credit Ratings
Total loans and leases	5,764	5,925
Commercial mortgage | Doubtful
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Home equity lines and loans | Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Total loans and leases	50,657	52,299
Home equity lines and loans | Pass
Loans and Leases by Credit Ratings
Total loans and leases	49,177	50,908
Home equity lines and loans | Special mention
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Home equity lines and loans | Substandard
Loans and Leases by Credit Ratings
Total loans and leases	1,480	1,391
Home equity lines and loans | Doubtful
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Construction | Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Total loans and leases	187,756	160,905
Construction | Pass
Loans and Leases by Credit Ratings
Total loans and leases	178,728	151,608
Construction | Special mention
Loans and Leases by Credit Ratings
Total loans and leases	9,028	9,297
Construction | Substandard
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Construction | Doubtful
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Commercial and industrial
Loans and Leases by Credit Ratings
Total loans and leases	318,692	293,771
Commercial and industrial | Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Total loans and leases	318,692	293,771
Commercial and industrial | Pass
Loans and Leases by Credit Ratings
Total loans and leases	261,848	236,298
Commercial and industrial | Special mention
Loans and Leases by Credit Ratings
Total loans and leases	11,056	14,603
Commercial and industrial | Substandard
Loans and Leases by Credit Ratings
Total loans and leases	45,788	42,870
Increase in carry value	2,900
Deferrals that became non performing loans	$ 13,800
Number of loan relationships with no specific industry concentration | loan	19
Commercial and industrial | Doubtful
Loans and Leases by Credit Ratings
Total loans and leases	$ 0	0
Small business loans
Loans and Leases by Credit Ratings
Total loans and leases	109,627	114,158
Small business loans | Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Total loans and leases	109,627	114,158
Small business loans | Pass
Loans and Leases by Credit Ratings
Total loans and leases	108,961	112,096
Small business loans | Special mention
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Small business loans | Substandard
Loans and Leases by Credit Ratings
Total loans and leases	666	2,062
Small business loans | Doubtful
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Paycheck Protection Program loans ("PPP")
Loans and Leases by Credit Ratings
Total loans and leases	50,883	90,194
Paycheck Protection Program loans ("PPP") | Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Total loans and leases	50,883	90,194
Paycheck Protection Program loans ("PPP") | Pass
Loans and Leases by Credit Ratings
Total loans and leases	50,883	90,194
Paycheck Protection Program loans ("PPP") | Special mention
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Paycheck Protection Program loans ("PPP") | Substandard
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Paycheck Protection Program loans ("PPP") | Doubtful
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Main Street Lending Program Loans ("MSLP")
Loans and Leases by Credit Ratings
Total loans and leases	597	597
Main Street Lending Program Loans ("MSLP") | Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Total loans and leases	597	597
Main Street Lending Program Loans ("MSLP") | Pass
Loans and Leases by Credit Ratings
Total loans and leases	597	597
Main Street Lending Program Loans ("MSLP") | Special mention
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Main Street Lending Program Loans ("MSLP") | Substandard
Loans and Leases by Credit Ratings
Total loans and leases	0	0
Main Street Lending Program Loans ("MSLP") | Doubtful
Loans and Leases by Credit Ratings
Total loans and leases	$ 0	$ 0

Allowance for Loan Losses (th_6

Allowance for Loan Losses (the “Allowance”) - Carrying value based on performance status (Details) $ in Thousands	Mar. 31, 2022USD ($)loan	Dec. 31, 2021USD ($)loan	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Loans and Leases by Credit Ratings
Total portfolio loans and leases	$ 1,429,764	$ 1,385,688
Troubled debt restructurings	3,365	3,807
Loans at fair value	17,375	17,558
Allowance on loans and leases collectively evaluated for impairment	14,646	15,482
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	18,826	18,758	$ 18,376	$ 17,767
Carrying value of loans and leases individually evaluated for impairment	25,216	25,829
Carrying value of loans and leases collectively evaluated for impairment	1,387,173	1,342,301
Allowance on loans and leases individually evaluated for impairment	4,180	3,276
Evaluated by performance status
Loans and Leases by Credit Ratings
Total portfolio loans and leases	163,021	139,278
Performing
Loans and Leases by Credit Ratings
Total portfolio loans and leases	161,226	137,269
Nonperforming
Loans and Leases by Credit Ratings
Total portfolio loans and leases	1,795	2,009
Residential Mortgage
Loans and Leases by Credit Ratings
Allowance on loans and leases collectively evaluated for impairment	357	283
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	357	283	314	385
Carrying value of loans and leases individually evaluated for impairment	1,795	1,797
Carrying value of loans and leases collectively evaluated for impairment	59,334	48,820
Allowance on loans and leases individually evaluated for impairment	0	0
Residential Mortgage | Evaluated by performance status
Loans and Leases by Credit Ratings
Total portfolio loans and leases	61,130	50,617
Residential Mortgage | Performing
Loans and Leases by Credit Ratings
Total portfolio loans and leases	59,335	48,820
Troubled debt restructurings	0	0
Residential Mortgage | Nonperforming
Loans and Leases by Credit Ratings
Total portfolio loans and leases	$ 1,795	$ 1,797
Number of loans | loan	4	5
Loans at fair value	$ 617	$ 1,800
Consumer
Loans and Leases by Credit Ratings
Total portfolio loans and leases	478	419
Allowance on loans and leases collectively evaluated for impairment	3	3
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	3	3	4	4
Carrying value of loans and leases individually evaluated for impairment	0	0
Carrying value of loans and leases collectively evaluated for impairment	478	419
Allowance on loans and leases individually evaluated for impairment	0	0
Consumer | Evaluated by performance status
Loans and Leases by Credit Ratings
Total portfolio loans and leases	478	419
Consumer | Performing
Loans and Leases by Credit Ratings
Total portfolio loans and leases	478	419
Consumer | Nonperforming
Loans and Leases by Credit Ratings
Total portfolio loans and leases	0	0
Leases, net
Loans and Leases by Credit Ratings
Total portfolio loans and leases	101,413	88,242
Allowance on loans and leases collectively evaluated for impairment	1,110	986
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	1,110	986	576	382
Carrying value of loans and leases individually evaluated for impairment	0	212
Carrying value of loans and leases collectively evaluated for impairment	101,413	88,030
Allowance on loans and leases individually evaluated for impairment	0	0
Leases, net | Evaluated by performance status
Loans and Leases by Credit Ratings
Total portfolio loans and leases	101,413	88,242
Leases, net | Performing
Loans and Leases by Credit Ratings
Total portfolio loans and leases	101,413	88,030
Leases, net | Nonperforming
Loans and Leases by Credit Ratings
Total portfolio loans and leases	0	212
Commercial mortgage
Loans and Leases by Credit Ratings
Allowance on loans and leases collectively evaluated for impairment	4,150	4,950
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	4,150	4,950	7,655	7,451
Carrying value of loans and leases individually evaluated for impairment	3,540	3,556
Carrying value of loans and leases collectively evaluated for impairment	527,617	513,372
Allowance on loans and leases individually evaluated for impairment	0	0
Home equity lines and loans
Loans and Leases by Credit Ratings
Allowance on loans and leases collectively evaluated for impairment	208	224
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	208	224	310	434
Carrying value of loans and leases individually evaluated for impairment	999	905
Carrying value of loans and leases collectively evaluated for impairment	49,658	51,394
Allowance on loans and leases individually evaluated for impairment	0	0
Construction
Loans and Leases by Credit Ratings
Allowance on loans and leases collectively evaluated for impairment	2,257	2,042
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	2,257	2,042	2,311	2,421
Carrying value of loans and leases individually evaluated for impairment	1,206	1,206
Carrying value of loans and leases collectively evaluated for impairment	186,550	159,699
Allowance on loans and leases individually evaluated for impairment	0	0
Commercial and industrial
Loans and Leases by Credit Ratings
Total portfolio loans and leases	318,692	293,771
Allowance on loans and leases collectively evaluated for impairment	3,565	3,633
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	7,369	6,533	5,286	5,431
Carrying value of loans and leases individually evaluated for impairment	16,900	17,361
Carrying value of loans and leases collectively evaluated for impairment	301,792	276,410
Allowance on loans and leases individually evaluated for impairment	3,804	2,900
Small business loans
Loans and Leases by Credit Ratings
Total portfolio loans and leases	109,627	114,158
Allowance on loans and leases collectively evaluated for impairment	2,996	3,361
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	3,372	3,737	$ 1,920	$ 1,259
Carrying value of loans and leases individually evaluated for impairment	776	792
Carrying value of loans and leases collectively evaluated for impairment	108,851	113,366
Allowance on loans and leases individually evaluated for impairment	376	376
Paycheck Protection Program loans ("PPP")
Loans and Leases by Credit Ratings
Total portfolio loans and leases	50,883	90,194
Allowance on loans and leases collectively evaluated for impairment	0	0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0	0
Carrying value of loans and leases individually evaluated for impairment	0	0
Carrying value of loans and leases collectively evaluated for impairment	50,883	90,194
Allowance on loans and leases individually evaluated for impairment	0	0
Main Street Lending Program Loans ("MSLP")
Loans and Leases by Credit Ratings
Total portfolio loans and leases	597	597
Allowance on loans and leases collectively evaluated for impairment	0	0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0	0
Carrying value of loans and leases individually evaluated for impairment	0	0
Carrying value of loans and leases collectively evaluated for impairment	597	597
Allowance on loans and leases individually evaluated for impairment	$ 0	$ 0

Allowance for Loan Losses (th_7

Allowance for Loan Losses (the “Allowance”) - Impaired loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Impaired loans with related allowance:
Recorded investment	$ 17,132		$ 17,813
Principal balance	17,310		17,976
Related allowance	4,180		3,276
Impaired loans without related allowance:
Recorded investment	8,083		8,016
Principal balance	8,194		8,104
Grand Total
Recorded investment	25,215		25,829
Principal balance	25,504		26,080
Related allowance	4,180		3,276
Average Recorded Investment	17,153	$ 5,527
Commercial mortgage
Impaired loans without related allowance:
Recorded investment	3,540		3,556
Principal balance	3,545		3,559
Commercial and industrial
Impaired loans with related allowance:
Recorded investment	16,466		17,147
Principal balance	16,644		17,310
Related allowance	3,804		2,900
Impaired loans without related allowance:
Recorded investment	433		214
Principal balance	505		269
Grand Total
Related allowance	3,804		2,900
Average Recorded Investment	16,487	3,826
Small business loans
Impaired loans with related allowance:
Recorded investment	666		666
Principal balance	666		666
Related allowance	376		376
Impaired loans without related allowance:
Recorded investment	110		126
Principal balance	110		126
Grand Total
Related allowance	376		376
Average Recorded Investment	666	918
Home equity lines and loans
Impaired loans with related allowance:
Recorded investment	0		0
Principal balance	0		0
Related allowance	0		0
Impaired loans without related allowance:
Recorded investment	999		905
Principal balance	1,033		935
Grand Total
Related allowance	0		0
Average Recorded Investment	0	95
Residential Mortgage
Impaired loans with related allowance:
Recorded investment	0		0
Principal balance	0		0
Related allowance	0		0
Impaired loans without related allowance:
Recorded investment	1,795		1,797
Principal balance	1,795		1,797
Grand Total
Related allowance	0		0
Average Recorded Investment	0	$ 688
Construction
Impaired loans without related allowance:
Recorded investment	1,206		1,206
Principal balance	1,206		1,206
Leases, net
Impaired loans without related allowance:
Recorded investment	0		212
Principal balance	$ 0		$ 212

Allowance for Loan Losses (th_8

Allowance for Loan Losses (the “Allowance”) - Impaired Loan Average Recorded Investment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Impaired loans with related allowance:
Average Recorded Investment	$ 17,153	$ 5,527
Interest Income Recognized	0	5
Impaired loans without related allowance:
Average Recorded Investment	8,122	4,770
Interest Income Recognized	39	27
Grand Total
Average Recorded Investment	25,275	10,297
Interest Income Recognized	39	32
Recorded investment	8,083		$ 8,016
Principal balance	8,194		8,104
Commercial mortgage
Impaired loans without related allowance:
Average Recorded Investment	3,547	735
Interest Income Recognized	19	8
Grand Total
Recorded investment	3,540		3,556
Principal balance	3,545		3,559
Commercial and industrial
Impaired loans with related allowance:
Average Recorded Investment	16,487	3,826
Interest Income Recognized	0	5
Impaired loans without related allowance:
Average Recorded Investment	454	579
Interest Income Recognized	0	0
Grand Total
Recorded investment	433		214
Principal balance	505		269
Small business loans
Impaired loans with related allowance:
Average Recorded Investment	666	918
Interest Income Recognized	0	0
Impaired loans without related allowance:
Average Recorded Investment	117	176
Interest Income Recognized	3	4
Grand Total
Recorded investment	110		126
Principal balance	110		126
Home equity lines and loans
Impaired loans with related allowance:
Average Recorded Investment	0	95
Interest Income Recognized	0	0
Impaired loans without related allowance:
Average Recorded Investment	1,002	825
Interest Income Recognized	0	0
Grand Total
Recorded investment	999		905
Principal balance	1,033		935
Residential Mortgage
Impaired loans with related allowance:
Average Recorded Investment	0	688
Interest Income Recognized	0	0
Impaired loans without related allowance:
Average Recorded Investment	1,796	1,127
Interest Income Recognized	2	0
Grand Total
Recorded investment	1,795		1,797
Principal balance	1,795		1,797
Construction
Impaired loans without related allowance:
Average Recorded Investment	1,206	1,206
Interest Income Recognized	15	15
Grand Total
Recorded investment	1,206		1,206
Principal balance	1,206		1,206
Leases, net
Impaired loans without related allowance:
Average Recorded Investment	0	122
Interest Income Recognized	0	$ 0
Grand Total
Recorded investment	0		212
Principal balance	$ 0		$ 212

Allowance for Loan Losses (th_9

Allowance for Loan Losses (the “Allowance”) - Troubled debt restructuring (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]
TDRs included in nonperforming loans and leases	$ 358	$ 361
TDRs in compliance with modified terms	3,007	3,446
Total TDRs	$ 3,365	$ 3,807

Allowance for Loan Losses (t_10

Allowance for Loan Losses (the “Allowance”) - Loan and lease modifications granted categorized as TDRs (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]
Loan modifications provided to borrowers	$ 0	$ 2.4	$ 28.8

Short-Term Borrowings and Lon_2

Short-Term Borrowings and Long -Term Debt - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022USD ($)item	Dec. 31, 2021USD ($)
Short-Term Borrowings
Short-term borrowings	$ 36,136,000	$ 41,344,000
Federal Home Loan Bank of Pittsburgh | Letters of credit
Short-Term Borrowings
Maximum borrowing capacity	524,300,000	505,400,000
Proceeds from long term debt	$ 102,000,000
Federal Home Loan Bank of Pittsburgh | Federal funds purchased
Short-Term Borrowings
Number of borrowing facilities | item	2
Short-term borrowings	$ 12,900,000	0
Federal Home Loan Bank of Pittsburgh | Federal funds purchased, facility one
Short-Term Borrowings
Maximum borrowing capacity	24,000,000
Federal Home Loan Bank of Pittsburgh | Federal funds purchased, facility two
Short-Term Borrowings
Maximum borrowing capacity	15,000,000
Federal Home Loan Bank of Pittsburgh | Federal Reserve discount window
Short-Term Borrowings
Maximum borrowing capacity	3,200,000
Short-term borrowings	$ 0	$ 0

Short-Term Borrowings and Lon_3

Short-Term Borrowings and Long-Term Debt - Short-term borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Short-Term Borrowings
Short term borrowings	$ 36,136	$ 41,344
Open Repo Plus Weekly 0.33 Percent Maturing On 05/31/2022 | Federal Home Loan Bank of Pittsburgh
Short-Term Borrowings
Interest rate	0.45%
Short term borrowings	$ 31,250	36,458
Mid-term Repo-fixed Maturing On 09/12/2022 | Federal Home Loan Bank of Pittsburgh
Short-Term Borrowings
Interest rate	0.23%
Short term borrowings	$ 4,886	$ 4,886

Servicing Assets - Residential

Servicing Assets - Residential Mortgage Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period	$ 12,765
Balance at end of the period	13,396
Mortgage Servicing Rights
Servicing Assets at Fair Value [Line Items]
Loans serviced	1,100,000		$ 1,000,000
Servicing fee income	648	$ 358
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period	10,756	4,647
Servicing rights capitalized	532	2,342
Amortization of servicing rights	(404)	(199)
Change in valuation allowance	4	328
Balance at end of the period	10,888	7,118
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Valuation allowance, beginning of period	(8)	(435)
Impairment	0	0
Recovery	4	328
Valuation allowance, end of the period	$ (4)	$ (107)

Servicing Assets - MSR Sensitiv

Servicing Assets - MSR Sensitivity Analysis (Details) - Mortgage Servicing Rights - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Fair value of residential mortgage servicing rights	$ 11,928		$ 11,241
Weighted average life (months)	13 months	11 months
Prepayment speed	9.72%		7.23%
Impact on fair value of a 10% adverse change in prepayment speed	$ (284)		$ (376)
Impact on fair value of a 20% adverse change in prepayment speed	$ (555)		$ (731)
Discount rate	9.00%		9.00%
Impact on fair value of a 10% adverse change in the discount rate	$ (418)		$ (436)
Impact on fair value of a 20% adverse change in the discount rate	$ (808)		$ (840)

Servicing Assets - SBA Loans (D

Servicing Assets - SBA Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period	$ 12,765
Balance at end of the period	13,396
SBA Loan Servicing Rights
Servicing Assets at Fair Value [Line Items]
Loans serviced	138,900		$ 115,100
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period	2,009	$ 970
Servicing rights capitalized	593	274
Amortization of servicing rights	(125)	(67)
Change in valuation allowance	31	(17)
Balance at end of the period	2,508	1,160
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Valuation allowance, beginning of period	(96)	(39)
Impairment	0	(17)
Recovery	31	0
Valuation allowance, end of the period	$ (65)	$ (56)

Servicing Assets - SBA Sensitiv

Servicing Assets - SBA Sensitivity Analysis (Details) - SBA Loan Servicing Rights - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Fair value of SBA loan servicing rights	$ 2,629		$ 2,107
Weighted average life (months)	3 years 9 months 18 days	3 years 9 months 18 days
Prepayment speed	13.03%		12.38%
Impact on fair value of a 10% adverse change in prepayment speed	$ (96)		$ (69)
Impact on fair value of a 20% adverse change in prepayment speed	$ (183)		$ (132)
Discount rate	8.67%		9.01%
Impact on fair value of a 10% adverse change in the discount rate	$ (71)		$ (54)
Impact on fair value of a 20% adverse change in the discount rate	$ (138)		$ (106)

Fair Value Measurements and D_3

Fair Value Measurements and Disclosures - Financial assets measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	$ 130,653	$ 159,302
Equity investments	2,240	2,354
U.S. asset backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	14,522	16,837
U.S. government agency mortgage-backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	9,133	9,813
U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	21,196	22,381
State and municipal securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	42,660	72,982
Non-U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	5,714	975
Corporate bonds
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	6,331	6,586
Forward commitments
Assets
Derivative assets, Fair value		65
Recurring
Assets
Equity investments	2,240	2,354
Mortgage loans held for sale	81,258	80,882
Mortgage loans held for investment	17,375	17,558
Total	235,274	262,244
Liabilities
Total	3,094	1,327
Recurring | U.S. asset backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	14,522	16,837
Recurring | U.S. government agency mortgage-backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	9,133	9,813
Recurring | U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	21,196	22,381
Recurring | State and municipal securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	42,660	72,982
Recurring | U.S. Treasuries
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	31,097	29,728
Recurring | Non-U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	5,714	975
Recurring | Corporate bonds
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	6,331	6,586
Recurring | Interest rate lock commitments
Assets
Derivative assets, Fair value	587	1,122
Liabilities
Derivative Liability	808	203
Recurring | Forward commitments
Assets
Derivative assets, Fair value	905
Liabilities
Derivative Liability	6	106
Recurring | Customer derivatives - interest rate swaps
Assets
Derivative assets, Fair value	2,256	961
Liabilities
Derivative Liability	2,280	1,018
Recurring | Level 1
Assets
Equity investments	0	0
Mortgage loans held for sale	0	0
Mortgage loans held for investment	0	0
Total	31,097	29,728
Liabilities
Total	0	0
Recurring | Level 1 | U.S. asset backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 1 | U.S. government agency mortgage-backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 1 | U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 1 | State and municipal securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 1 | U.S. Treasuries
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	31,097	29,728
Recurring | Level 1 | Non-U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 1 | Corporate bonds
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 1 | Interest rate lock commitments
Assets
Derivative assets, Fair value	0	0
Liabilities
Derivative Liability	0	0
Recurring | Level 1 | Forward commitments
Assets
Derivative assets, Fair value	0	0
Liabilities
Derivative Liability	0	0
Recurring | Level 1 | Customer derivatives - interest rate swaps
Assets
Derivative assets, Fair value	0	0
Liabilities
Derivative Liability	0	0
Recurring | Level 2
Assets
Equity investments	2,240	2,354
Mortgage loans held for sale	81,258	80,882
Mortgage loans held for investment	17,375	17,558
Total	203,590	231,394
Liabilities
Total	2,286	1,124
Recurring | Level 2 | U.S. asset backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	14,522	16,837
Recurring | Level 2 | U.S. government agency mortgage-backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	9,133	9,813
Recurring | Level 2 | U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	21,196	22,381
Recurring | Level 2 | State and municipal securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	42,660	72,982
Recurring | Level 2 | U.S. Treasuries
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 2 | Non-U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	5,714	975
Recurring | Level 2 | Corporate bonds
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	6,331	6,586
Recurring | Level 2 | Interest rate lock commitments
Assets
Derivative assets, Fair value	0	0
Liabilities
Derivative Liability	0	0
Recurring | Level 2 | Forward commitments
Assets
Derivative assets, Fair value	905	65
Liabilities
Derivative Liability	6	106
Recurring | Level 2 | Customer derivatives - interest rate swaps
Assets
Derivative assets, Fair value	2,256	961
Liabilities
Derivative Liability	2,280	1,018
Recurring | Level 3
Assets
Equity investments	0	0
Mortgage loans held for sale	0	0
Mortgage loans held for investment	0	0
Total	587	1,122
Liabilities
Total	808	203
Recurring | Level 3 | U.S. asset backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 3 | U.S. government agency mortgage-backed securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 3 | U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 3 | State and municipal securities
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 3 | U.S. Treasuries
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 3 | Non-U.S. government agency collateralized mortgage obligations
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)		0
Recurring | Level 3 | Corporate bonds
Assets
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	0	0
Recurring | Level 3 | Interest rate lock commitments
Assets
Derivative assets, Fair value	587	1,122
Liabilities
Derivative Liability	808	203
Recurring | Level 3 | Forward commitments
Assets
Derivative assets, Fair value	0	0
Liabilities
Derivative Liability	0	0
Recurring | Level 3 | Customer derivatives - interest rate swaps
Assets
Derivative assets, Fair value	0	0
Liabilities
Derivative Liability	$ 0	$ 0

Fair Value Measurements and D_4

Fair Value Measurements and Disclosures - Financial assets measured at fair value on non-recurring basis (Details) - Nonrecurring - Level 3 - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financial assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	$ 10,888	$ 10,756
SBA loan servicing rights	2,508	2,009
Total	17,356	14,892
Small business loans
Financial assets measured at fair value on a nonrecurring basis
Impaired loans	0	290
Commercial and industrial
Financial assets measured at fair value on a nonrecurring basis
Impaired loans	$ 3,960	$ 1,837

Fair Value Measurements and D_5

Fair Value Measurements and Disclosures - Estimated fair values of financial instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financial assets:
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	$ 130,653	$ 159,302
Securities held-to-maturity	33,556	6,591
Equity investments	2,240	2,354
Loans at fair value	17,375	17,558
Forward commitments
Financial assets:
Derivative asset		65
Carrying amount
Financial assets:
Restricted investment in bank stock	4,330	5,117
Level 1 | Carrying amount
Financial assets:
Cash and cash equivalents	68,888	23,480
Level 1 | Fair value
Financial assets:
Cash and cash equivalents	68,888	23,480
Level 2 | Carrying amount
Financial assets:
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	130,653	159,302
Securities held-to-maturity	34,977	6,372
Equity investments	2,240	2,354
Mortgage loans held for sale	81,258	80,882
Mortgage loans held for investment	17,375	17,558
Financial liabilities:
Deposits	1,564,851	1,446,413
Short-term borrowings	36,136	41,344
Subordinated debentures	40,538	40,508
Accrued interest payable	575	31
Level 2 | Carrying amount | Forward commitments
Financial assets:
Derivative asset	905	65
Financial liabilities:
Derivatives	6	106
Level 2 | Carrying amount | Customer derivatives - interest rate swaps
Financial assets:
Derivative asset	2,256	961
Financial liabilities:
Derivatives	2,280	1,018
Level 2 | Carrying amount | Letters of credit
Financial liabilities:
Off-balance sheet financial instruments	23,226	25,986
Level 2 | Carrying amount | Commitments to extend credit
Financial liabilities:
Off-balance sheet financial instruments	475,176	486,632
Level 2 | Fair value
Financial assets:
Securities available-for-sale (amortized cost of $136,745 and $158,387 as of March 31, 2022 and December 31, 2021)	130,653	159,302
Securities held-to-maturity	33,556	6,591
Equity investments	2,240	2,354
Mortgage loans held for sale	81,258	80,882
Mortgage loans held for investment	17,375	17,558
Financial liabilities:
Deposits	1,574,600	1,549,100
Short-term borrowings	36,136	41,344
Subordinated debentures	38,490	40,803
Accrued interest payable	575	31
Level 2 | Fair value | Forward commitments
Financial assets:
Derivative asset	905	65
Financial liabilities:
Derivatives	6	106
Level 2 | Fair value | Customer derivatives - interest rate swaps
Financial assets:
Derivative asset	2,256	961
Financial liabilities:
Derivatives	2,280	1,018
Level 2 | Fair value | Letters of credit
Financial liabilities:
Off-balance sheet financial instruments	0	0
Level 2 | Fair value | Commitments to extend credit
Financial liabilities:
Off-balance sheet financial instruments	0	0
Level 3 | Carrying amount
Financial assets:
Loans at fair value	1,414,531	1,368,899
Accrued interest receivable	4,848	5,009
Level 3 | Carrying amount | Interest rate lock commitments
Financial assets:
Derivative asset	587	1,122
Financial liabilities:
Derivatives	808	203
Level 3 | Fair value
Financial assets:
Loans at fair value	1,403,767	1,370,885
Accrued interest receivable	4,848	5,009
Level 3 | Fair value | Interest rate lock commitments
Financial assets:
Derivative asset	587	1,122
Financial liabilities:
Derivatives	$ 808	$ 203

Fair Value Measurements and D_6

Fair Value Measurements and Disclosures - Fair value on a recurring basis (Details) - Interest rate lock commitments - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of the period	$ 1,122	$ 6,932
Decrease in value	(535)	(3,647)
Balance at end of the period	$ 587	$ 3,285

Fair Value Measurements and D_7

Fair Value Measurements and Disclosures - Valuation Techniques for Level 3 interest rate lock (Details) - Interest rate lock commitments - Level 3 $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net realized gains (losses)	$ (1,100)	$ (4,400)
Valuation Technique, Consensus Pricing Model
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset	$ 587		$ 1,122
Valuation technique extensible list	Valuation Technique, Consensus Pricing Model		Valuation Technique, Consensus Pricing Model
Measurement input extensible list	Loan Origination Success Rate [Member]		Loan Origination Success Rate [Member]
Weighted Average | Valuation Technique, Consensus Pricing Model
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.9326		0.8766
Minimum | Valuation Technique, Consensus Pricing Model
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	1		1
Maximum | Valuation Technique, Consensus Pricing Model
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	99		99

Fair Value Measurements and D_8

Fair Value Measurements and Disclosures - Level 3 Valuation (Details) - Level 3 - Valuation, Income Approach - Measurement Input, Appraised Value $ in Thousands	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	$ 3,960	$ 2,127
Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans Measurement Input	0.02	0.02
Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans Measurement Input	0.15	0.15

Derivative Financial Instrume_3

Derivative Financial Instruments - Notional amounts and fair values of derivative financial instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Derivative Financial Instruments
Notional amount	$ 273,916	$ 290,811
Assets (liabilities) fair value	654	821
Interest rate lock commitments
Derivative Financial Instruments
Notional amount	138,182	143,917
Assets (liabilities) fair value	(221)	919
Interest rate lock commitments | Other assets
Derivative Financial Instruments
Notional amount	71,681	108,653
Assets (liabilities) fair value	587	1,122
Interest rate lock commitments | Other liabilities
Derivative Financial Instruments
Notional amount	66,501	35,264
Assets (liabilities) fair value	(808)	(203)
Forward commitments
Derivative Financial Instruments
Notional amount	51,500	76,000
Assets (liabilities) fair value	899	(41)
Forward commitments | Other assets
Derivative Financial Instruments
Notional amount	49,000	30,500
Assets (liabilities) fair value	905	65
Forward commitments | Other liabilities
Derivative Financial Instruments
Notional amount	2,500	45,500
Assets (liabilities) fair value	(6)	(106)
Customer derivatives - interest rate swaps
Derivative Financial Instruments
Notional amount	84,234	70,894
Assets (liabilities) fair value	(24)	(57)
Customer derivatives - interest rate swaps | Other assets
Derivative Financial Instruments
Notional amount	42,117	35,447
Assets (liabilities) fair value	2,256	961
Customer derivatives - interest rate swaps | Other liabilities
Derivative Financial Instruments
Notional amount	42,117	35,447
Assets (liabilities) fair value	$ (2,280)	$ (1,018)

Derivative Financial Instrume_4

Derivative Financial Instruments - Fair value gains and losses on derivative financial instruments (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	$ (167,000)	$ (944,000)
Realized gain (losses) on derivatives	2,827,000	4,261,000
Interest rate lock commitments
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	(1,140,000)	(4,437,000)
Forward commitments
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	940,000	3,396,000
Customer derivatives - interest rate swaps
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	$ 33,000	$ 97,000

Segments (Details)

Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Net-interest Income:
Net interest income	$ 16,035	$ 15,120
Provision for loan losses	615	599
Net interest income after provision for loan losses	15,420	14,521
Non-interest Income
Mortgage banking income	7,096	24,100
SBA income	2,520	1,245
Net change in fair values	(2,068)	(4,913)
Net gain on hedging activity	2,827	4,261
Other	1,423	1,219
Total non-interest income	13,102	27,048
Total non-interest expenses	21,433	28,263
Income (loss) before income taxes	7,089	13,306
Total Assets	1,831,589	1,743,977	$ 1,713,443
Bank
Net-interest Income:
Net interest income	15,610	14,500
Provision for loan losses	615	599
Net interest income after provision for loan losses	14,995	13,901
Non-interest Income
Mortgage banking income	196	268
SBA income	2,520	1,245
Net change in fair values	32	98
Net gain on hedging activity	0	0
Other	628	712
Total non-interest income	3,376	2,323
Total non-interest expenses	10,208	8,932
Income (loss) before income taxes	8,163	7,292
Total Assets	1,728,329	1,578,721
Wealth
Net-interest Income:
Net interest income	94	(14)
Provision for loan losses	0	0
Net interest income after provision for loan losses	94	(14)
Non-interest Income
Other		0
Total non-interest income	1,303	1,136
Total non-interest expenses	878	895
Income (loss) before income taxes	519	227
Total Assets	7,251	6,092
Mortgage
Net-interest Income:
Net interest income	331	634
Provision for loan losses	0	0
Net interest income after provision for loan losses	331	634
Non-interest Income
Mortgage banking income	6,900	23,832
SBA income	0	0
Net change in fair values	(2,100)	(5,011)
Net gain on hedging activity	2,827	4,261
Other	796	507
Total non-interest income	8,423	23,589
Total non-interest expenses	10,347	18,436
Income (loss) before income taxes	(1,593)	5,787
Total Assets	96,009	159,164
Wealth management income
Non-interest Income
Revenue from contract with customer	1,304	1,136
Wealth management income | Bank
Non-interest Income
Revenue from contract with customer	0	0
Wealth management income | Wealth
Non-interest Income
Mortgage banking income	0	0
Revenue from contract with customer	1,304	1,136
SBA income	0	0
Net change in fair values	0	0
Net gain on hedging activity	0	0
Other	(1)
Wealth management income | Mortgage
Non-interest Income
Revenue from contract with customer	$ 0	$ 0

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	Mar. 31, 2022USD ($)
Lessee, Lease, Description [Line Items]
ROU assets	$ 10.5
Operating lease liability	$ (10.3)
Weighted average remaining lease term	6 years 7 months 17 days
Weighted average discount rate	2.58%
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease term	8 months
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease term	13 years

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Leases [Abstract]
Operating lease expense	$ 585
Short term lease expense	1
Variable lease expense	0
Total lease expense	$ 586

Leases - Cash Flow Information

Leases - Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash Paid For Amounts Included In the Measurement of Lease Liabilities [Abstract]
Operating cash flows from operating leases	$ 560
ROU asset obtained in exchange for lease liabilities	$ 10,995	$ 0

Leases - Maturity of Lease Liab

Leases - Maturity of Lease Liabilities Under ASC 842 (Details) $ in Thousands	Mar. 31, 2022USD ($)
Leases [Abstract]
2022	$ 548
2023	1,892
2024	1,746
2025	1,456
2026	1,436
2027 and thereafter	3,134
Total operating lease liabilities	$ 10,212