Meridian (MRBK) 10-Q 8 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 04, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
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	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		11,240,075
Entity Central Index Key	0001750735
Amendment Flag	false
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets:
Cash and due from banks	$ 12,542	$ 10,067
Interest-bearing deposits at other banks	19,805	46,630
Cash and cash equivalents	32,347	56,697
Securities available-for-sale, at fair value (amortized cost of $179,008 and $156,492, respectively)	171,568	146,019
Securities held-to-maturity, at amortized cost (fair value of $31,323 and $32,730, respectively)	33,833	35,781
Equity investments	2,166	2,121
Mortgage loans held for sale	46,602	24,816
Loans and other finance receivables, net of fees and costs	2,008,396	1,895,806
Allowance for credit losses	(21,965)	(22,107)
Loans and other finance receivables, net of the allowance for credit losses	1,986,431	1,873,699
Restricted investment in bank stock	8,542	8,072
Bank premises and equipment, net	12,807	13,557
Bank owned life insurance	29,489	28,844
Accrued interest receivable	10,012	9,325
Other real estate owned	1,862	1,703
Deferred income taxes	3,537	4,201
Servicing assets	4,364	11,748
Servicing assets held for sale	6,609	0
Goodwill	899	899
Intangible assets	2,818	2,971
Other assets	33,835	25,740
Total assets	2,387,721	2,246,193
Deposits:
Non-interest bearing	237,207	239,289
Interest bearing	1,741,720	1,584,173
Total deposits	1,978,927	1,823,462
Borrowings	144,880	174,896
Subordinated debentures	49,928	49,836
Accrued interest payable	7,017	10,324
Other liabilities	39,519	29,653
Total liabilities	2,220,271	2,088,171
Stockholders’ equity:
Common stock, $1 par value per share. $25,000,000 shares authorized; 13,232,258 and $13,186,198 shares issued and 11,229,075 and 11,183,015 shares outstanding, respectively	13,232	13,186
Surplus	81,002	80,325
Treasury stock, 2,003,183 shares, at cost	(26,079)	(26,079)
Unearned common stock held by employee stock ownership plan	(1,204)	(1,204)
Retained earnings	107,765	101,216
Accumulated other comprehensive loss	(7,266)	(9,422)
Total stockholders’ equity	167,450	158,022
Total liabilities and stockholders’ equity	$ 2,387,721	$ 2,246,193

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Amortized cost	$ 179,008	$ 156,492
Securities, held-to-maturity, fair value	$ 31,323	$ 32,730
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)	13,232,258	13,186,198
Common stock, outstanding (in shares)	11,229,075	11,183,015
Treasury stock held (in shares)	2,003,183	2,003,183

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest income:
Loans and other finance receivables, including fees	$ 38,103	$ 33,980	$ 109,928	$ 95,612
Securities - taxable	1,480	901	4,055	2,853
Securities - tax-exempt	320	333	969	1,038
Cash and cash equivalents	416	245	1,047	741
Total interest income	40,319	35,459	115,999	100,244
Interest expense:
Deposits	19,313	15,543	55,696	41,013
Borrowings and subordinated debentures	2,764	2,692	8,606	7,230
Total interest expense	22,077	18,235	64,302	48,243
Net interest income	18,242	17,224	51,697	52,001
Provision for credit losses	2,282	82	7,828	2,186
Net interest income after provision for credit losses	15,960	17,142	43,869	49,815
Non-interest income:
Mortgage banking income	$ 6,474	$ 4,819	$ 15,528	$ 13,143
Type of Revenue, Extensible List	Investment Advice [Member]	Investment Advice [Member]	Investment Advice [Member]	Investment Advice [Member]
Wealth management income	$ 1,447	$ 1,258	$ 4,208	$ 3,689
SBA loan income	544	982	2,315	3,463
Earnings on investment in life insurance	222	201	644	585
Net change in the fair value of derivative instruments	(102)	103	176	217
Net change in the fair value of loans held-for-sale	169	111	138	(88)
Net change in the fair value of loans held-for-investment	965	(570)	766	(673)
Net (loss) gain on hedging activity	(197)	82	(279)	81
Net loss on sale of investment securities available-for-sale	(57)	(3)	(57)	(58)
Other	1,366	1,103	4,620	3,489
Total non-interest income	10,831	8,086	28,059	23,848
Non-interest expense:
Salaries and employee benefits	12,829	12,420	34,839	35,633
Occupancy and equipment	1,243	1,226	3,706	3,610
Professional fees	1,106	1,104	3,633	2,930
Data processing and software	1,553	1,652	4,591	4,764
Advertising and promotion	717	848	2,454	2,799
Pennsylvania bank shares tax	181	244	729	735
Other	2,917	2,524	7,786	6,951
Total non-interest expense	20,546	20,018	57,738	57,422
Income before income taxes	6,245	5,210	14,190	16,241
Income tax expense	1,502	1,205	3,445	3,568
Net income	$ 4,743	$ 4,005	$ 10,745	$ 12,673
Basic earnings per common share (in USD per share)	$ 0.43	$ 0.36	$ 0.97	$ 1.14
Diluted earnings per common share (in USD per share)	$ 0.42	$ 0.35	$ 0.96	$ 1.11
Basic weighted average shares outstanding (in shares)	11,110	11,058	11,098	11,129
Diluted weighted average shares outstanding (in shares)	11,234	11,363	11,198	11,449

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income:	$ 4,743	$ 4,005	$ 10,745	$ 12,673
Net change in unrealized gains (losses) on investment securities available for sale:
Change in fair value of investment securities, net of tax of $695 and $(575), $1,063 and $(489) respectively	2,420	(2,059)	2,311	(1,757)
Reclassification adjustment for net losses realized in net income, net of tax effect of $14, $1, $14, and 13, respectively,	43	2	43	45
Reclassification adjustment for investment securities transferred to held-to-maturity, net of tax effect of $7 and $7, $21 and $19 respectively	22	22	66	67
Unrealized investment gains (losses), net of tax effect of $716 and $(566),$1,098 and $(457), respectively	2,485	(2,035)	2,420	(1,645)
Net change in unrealized (losses) gains on interest rate swaps used in cash flow hedges, net of tax effect of $368, $(140), $85 and $(233), respectively	(1,163)	497	(264)	825
Total other comprehensive income (loss)	1,322	(1,538)	2,156	(820)
Total comprehensive income	$ 6,065	$ 2,467	$ 12,901	$ 11,853

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Tax expense (benefit) on unrealized gains arising during the period	$ 695	$ (575)	$ 1,063	$ (489)
Tax expense (benefit) on reclassification adjustment for net gains on sales realized in net income	(14)	(1)	(14)	(13)
Tax expense (benefit) on reclassification adjustment for transfer to held-to-maturity	7	7	21	19
Tax expense (benefit) on unrealized investment gains (losses)	716	(566)	1,098	(457)
Tax expense (benefit) on unrealized gains (losses) on interest rate swaps used in cash flow hedges	$ (368)	$ 140	$ (85)	$ 233

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Adjustment to initially apply ASU No. 2016-13 for CECL, net of tax	Common Stock	Surplus	Treasury Stock	Unearned ESOP	Retained Earnings	Retained Earnings Adjustment to initially apply ASU No. 2016-13 for CECL, net of tax	AOCI
Balance beginning of the period at Dec. 31, 2022	$ 153,280	$ (2,228)	$ 13,156	$ 79,072	$ (21,821)	$ (1,403)	$ 95,815	$ (2,228)	$ (11,539)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	12,673						12,673
Other comprehensive income (loss)	(820)								(820)
Dividends declared	(4,217)						(4,217)
Net purchase of treasury stock through publicly announced plans	(4,258)				(4,258)
Common stock issued through share-based awards and exercises	169		25	144
Stock based compensation expense	515			515
Balance ending of the period at Sep. 30, 2023	155,114		13,181	79,731	(26,079)	(1,403)	102,043		(12,359)
Balance beginning of the period at Jun. 30, 2023	153,962		13,181	79,650	(26,079)	(1,403)	99,434		(10,821)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	4,005						4,005
Other comprehensive income (loss)	(1,538)								(1,538)
Dividends declared	(1,396)						(1,396)
Stock based compensation expense	81			81
Balance ending of the period at Sep. 30, 2023	155,114		13,181	79,731	(26,079)	(1,403)	102,043		(12,359)
Balance beginning of the period at Dec. 31, 2023	158,022		13,186	80,325	(26,079)	(1,204)	101,216		(9,422)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	10,745						10,745
Other comprehensive income (loss)	2,156								2,156
Dividends declared	(4,196)						(4,196)
Common stock issued through share-based awards and exercises	404		46	358
Stock based compensation expense	319			319
Balance ending of the period at Sep. 30, 2024	167,450		13,232	81,002	(26,079)	(1,204)	107,765		(7,266)
Balance beginning of the period at Jun. 30, 2024	162,382		13,194	80,639	(26,079)	(1,204)	104,420		(8,588)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	4,743						4,743
Other comprehensive income (loss)	1,322								1,322
Dividends declared	(1,398)						(1,398)
Common stock issued through share-based awards and exercises	335		38	297
Stock based compensation expense	66			66
Balance ending of the period at Sep. 30, 2024	$ 167,450		$ 13,232	$ 81,002	$ (26,079)	$ (1,204)	$ 107,765		$ (7,266)

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Accounting Standards Update [Extensible Enumeration]					Accounting Standards Update 2016-13 [Member]
Dividends declared (in dollars per share)	$ 0.125	$ 0.125	$ 0.375	$ 0.375
Treasury stock (in shares)				127,849

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Statement of Cash Flows [Abstract]
Net income	$ 10,745	$ 12,673
Adjustments to reconcile net income to net cash used in operating activities:
Loss on sale of investment securities	57	58
Net amortization of investment premiums and discounts and change in fair value of equity securities	2,873	1,225
Depreciation and amortization (accretion), net	276	289
Provision for credit losses	7,828	2,186
Amortization of issuance costs on subordinated debt	92	56
Stock based compensation	319	515
Net change in fair value of derivative instruments	(176)	(217)
Net change in fair value of loans held for sale	(138)	88
Net change in fair value of loans held for investment	(766)	673
Amortization and net impairment of servicing rights	994	1,618
SBA loan income	(2,315)	(3,463)
Proceeds from sale of loans	594,669	515,573
Loans originated for sale	(594,399)	(504,880)
Mortgage banking income	(15,528)	(13,143)
Increase in accrued interest receivable	(687)	(1,621)
Increase in other assets	(438)	(4,874)
Earnings from investment in bank owned life insurance	(644)	(585)
Decrease in deferred income tax	66	170
(Decrease) increase in accrued interest payable	(3,307)	5,425
Increase (decrease) in other liabilities	10,780	(778)
Net cash provided by operating activities	10,301	10,988
Activity in available-for-sale securities:
Maturities, repayments and calls	12,436	7,301
Sales	16,004	13,514
Purchases	(61,024)	(12,949)
Activity in held-to-maturity securities:
Maturities, repayments and calls	1,720	1,020
Increase in restricted stock	(470)	(1,378)
Net increase in loans	(124,753)	(149,462)
Purchases of premises and equipment	(222)	(1,080)
Net cash used in investing activities	(156,309)	(143,034)
Cash flows from financing activities:
Net increase in deposits	155,465	96,166
(Decrease) increase in short-term borrowings	(40,609)	37,201
Increase in long-term debt	10,594	18,676
Repayment of subordinated debt	0	(54)
Proceeds from issuance of subordinated debt	0	9,740
Issuance costs on subordinated debt	0	(9)
Net purchase of treasury stock	0	(4,258)
Dividends paid	(4,196)	(4,217)
Share based awards and exercises	404	169
Net cash provided by financing activities	121,658	153,414
Net change in cash and cash equivalents	(24,350)	21,368
Cash and cash equivalents at beginning of period	56,697	38,391
Cash and cash equivalents at end of period	32,347	59,759
Cash paid during the period for:
Interest	67,609	42,818
Income taxes	1,222	1,839
Transfers from loans held for sale to loans held for investment	0	351
Net loans sold, not settled	8,162	12,820
Investment security purchases, not settled	$ (7,380)	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The Corporation’s unaudited consolidated financial statements have been prepared in accordance with U.S. 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. GAAP 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 credit losses, lending related commitments and the related unfunded commitment reserve, the fair value of financial instruments, other-than-temporary impairments of investment securities, and the valuations of goodwill, intangible assets, and servicing assets. These unaudited consolidated financial statements should be read in conjunction with the Corporation’s filings with the SEC (including our Annual Report on Form 10-K for the year ended December 31, 2023), 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 and nine months ended September 30, 2024 are not necessarily indicative of the results for the year ending December 31, 2024 or for any other period. Pronouncements Adopted in 2024 The following pronouncements were adopted in 2024, but did not have a material impact on our consolidated financial statements. • 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” • FASB ASU 2023-02, "Investments Equity Method and Joint Ventures (Topic 323) Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method" Pronouncements Not Yet Effective as of September 30, 2024: FASB ASU 2023-07, “Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures” The amendments in this update improve financial reporting by requiring disclosure of incremental segment information on an annual and interim basis for all public entities to enable investors to develop more decision-useful financial analyses. The amendments in this update also do not change how a public entity identifies its operating segments, aggregates those operating segments, or applies the quantitative thresholds to determine its reportable segments. The amendments in this update are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Corporation does not expect the adoption of this update for fiscal year ending December 31, 2024 to have a material impact on its disclosures. FASB ASU 2023-09, “Income Taxes (Topic 740) Improvements to Income Tax Disclosures” The amendments in this update address investor requests for more transparency about income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information. This update also includes certain other amendments to improve the effectiveness of income tax disclosures. The amendments in this update are effective for fiscal years beginning after December 15, 2024 and are to be applied on a prospective basis. Early adoption is permitted.The Corporation is currently evaluating the impact on its disclosures. FASB ASU 2024-01 Stock Compensation - Scope Application of Profits Interest and Similar Awards The amendments in this update improve the understandability of paragraph 718-10-15-3 apply to all entities that enter into share-based payments transactions. The amendments in this update are effective for fiscal years beginning after December 15, 2024 and are to be applied on a prospective basis. The Corporation is currently evaluating the impact on its disclosures. FASB ASU No. 2023-06, "Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative". This ASU amends the disclosure or presentation requirements related to various subtopics in the FASB ASC. The amendments in this ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics, allow users to more easily compare entities subject to the SEC's existing disclosures with those entities that were not previously subject to the requirements, and align the requirements in the Codification with the SEC's regulations. For entities subject to the SEC's existing disclosure requirements and for entities required to file or furnish financial statements with or to the SEC in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer, the effective date for each amendment will be the date on which the SEC removes that related disclosure from its rules. For all other entities, the amendments will be effective two years later. However, if by June 30, 2027, the SEC has not removed the related disclosure from its regulations, the amendments will be removed from the Codification and not become effective for any entity.

Earnings per Common Share

Earnings per Common Share	9 Months Ended
	Sep. 30, 2024
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. 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 Nine months ended (dollars in thousands, except per share data) 2024 2023 2024 2023 Numerator for earnings per share: Net income available to common stockholders $ 4,743 $ 4,005 $ 10,745 $ 12,673 Denominators for earnings per share: Weighted average shares outstanding 11,254 11,228 11,249 11,307 Average unearned ESOP shares (144) (170) (151) (178) Basic weighted averages shares outstanding 11,110 11,058 11,098 11,129 Dilutive effects of assumed exercises of stock options 124 119 100 149 Dilutive effects of SERP shares — 186 — 171 Diluted weighted averages shares outstanding 11,234 11,363 11,198 11,449 Basic earnings per share $ 0.43 $ 0.36 $ 0.97 $ 1.14 Diluted earnings per share $ 0.42 $ 0.35 $ 0.96 $ 1.11 Antidilutive shares excluded from computation of average dilutive earnings per share 489 490 586 490

Securities

Securities	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The following tables presents the amortized cost, allowance for credit losses, and fair value of securities at the dates indicated: September 30, 2024 (dollars in thousands) Amortized cost Gross unrealized gains Gross unrealized losses Allowance for credit losses Fair value # of Securities in unrealized loss position Securities available-for-sale: U.S. asset backed securities $ 31,001 $ 60 $ (190) $ — $ 30,871 14 U.S. government agency MBS 22,075 222 (325) — 21,972 12 U.S. government agency CMO 36,111 121 (1,668) — 34,564 30 State and municipal securities 41,040 41 (3,561) — 37,520 31 U.S. Treasuries 20,542 — (1,340) — 19,202 17 Non-U.S. government agency CMO 12,876 41 (321) — 12,596 10 Corporate bonds 15,363 255 (775) — 14,843 15 Total securities available-for-sale $ 179,008 $ 740 $ (8,180) $ — $ 171,568 129 Amortized cost Gross unrecognized gains Gross unrecognized losses Allowance for credit losses Fair value # of Securities in unrecognized loss position Securities held to maturity: State and municipal securities $ 33,833 $ 39 $ (2,549) $ — $ 31,323 19 Total securities held-to-maturity $ 33,833 $ 39 $ (2,549) $ — $ 31,323 19 December 31, 2023 Amortized cost Gross unrealized gains Gross unrealized losses Allowance for credit losses Fair value # of Securities in unrealized loss position Securities available-for-sale: U.S. asset backed securities $ 17,012 $ 25 $ (213) $ — $ 16,824 11 U.S. government agency MBS 22,750 364 (480) — 22,634 14 U.S. government agency CMO 21,850 — (2,277) — 19,573 30 State and municipal securities 40,093 — (3,877) — 36,216 31 U.S. Treasuries 32,982 — (2,560) — 30,422 25 Non-U.S. government agency CMO 13,605 102 (552) — 13,155 9 Corporate bonds 8,200 — (1,005) — 7,195 13 Total securities available-for-sale $ 156,492 $ 491 $ (10,964) $ — $ 146,019 133 Amortized cost Gross unrecognized gains Gross unrecognized losses Allowance for credit losses Fair value # of Securities in unrecognized loss position Securities held to maturity: State and municipal securities $ 35,781 $ 52 $ (3,103) $ — $ 32,730 21 Total securities held-to-maturity $ 35,781 $ 52 $ (3,103) $ — $ 32,730 21 Although the Corporation’s investment portfolio overall is in a net unrealized loss position at September 30, 2024, 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 warranted an ACL. 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 the dates indicated: September 30, 2024 Less than 12 Months 12 Months or more Total (dollars in thousands) Fair Unrealized losses Fair Unrealized losses Fair Unrealized losses Securities available-for-sale: U.S. asset backed securities $ 15,386 $ (87) $ 3,701 $ (103) $ 19,087 $ (190) U.S. government agency MBS 5,191 (30) 8,220 (295) 13,411 (325) U.S. government agency CMO 3,006 (37) 18,934 (1,631) 21,940 (1,668) State and municipal securities — — 35,982 (3,561) 35,982 (3,561) U.S. Treasuries — — 19,201 (1,340) 19,201 (1,340) Non-U.S. government agency CMO 3,010 (2) 5,455 (319) 8,465 (321) Corporate bonds 1,673 (37) 7,464 (738) 9,137 (775) Total securities available-for-sale $ 28,266 $ (193) $ 98,957 $ (7,987) $ 127,223 $ (8,180) Less than 12 Months 12 Months or more Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Securities held-to-maturity: State and municipal securities $ — $ — $ 29,068 $ (2,549) $ 29,068 $ (2,549) Total securities held-to-maturity $ — $ — $ 29,068 $ (2,549) $ 29,068 $ (2,549) December 31, 2023 Less than 12 Months 12 Months or more Total (dollars in thousands) Fair value Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Securities available-for-sale: U.S. asset backed securities $ 4,981 $ (25) $ 6,195 $ (188) $ 11,176 $ (213) U.S. government agency MBS 4,864 (35) 8,170 (445) 13,034 (480) U.S. government agency CMO 2,687 (36) 16,886 (2,241) 19,573 (2,277) State and municipal securities — — 36,216 (3,877) 36,216 (3,877) U.S. Treasuries — — 30,422 (2,560) 30,422 (2,560) Non-U.S. government agency CMO 1,127 (4) 6,065 (548) 7,192 (552) Corporate bonds 907 (93) 6,288 (912) 7,195 (1,005) Total securities available-for-sale $ 14,566 $ (193) $ 110,242 $ (10,771) $ 124,808 $ (10,964) Less than 12 Months 12 Months or more Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Securities held-to-maturity: State and municipal securities $ 1,021 $ (6) $ 29,404 $ (3,097) $ 30,425 $ (3,103) Total securities held-to-maturity $ 1,021 $ (6) $ 29,404 $ (3,097) $ 30,425 $ (3,103) The amortized cost and carrying value of securities are shown below by contractual maturities at the dates indicated. 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. September 30, 2024 Available-for-sale Held-to-maturity (dollars in thousands) Amortized cost Fair value Amortized cost Fair value Due in one year or less $ — $ — $ — $ — Due after one year through five years 20,542 19,201 2,017 2,014 Due after five years through ten years 24,592 23,719 5,781 5,102 Due after ten years 62,812 59,516 26,035 24,207 Subtotal 107,946 102,436 33,833 31,323 Mortgage-related securities 71,062 69,132 — — Total $ 179,008 $ 171,568 $ 33,833 $ 31,323 There were sales of investment securities available for sale for the three and nine month ended September 30, 2024 totaling $16.0 million with $57 thousand in gross losses recognized. Proceeds from sales of investments for the three and nine months ended September 30, 2023 were $155 thousand and $13.5 million, respectively, with $3 thousand and $58 thousand in gross losses recognized, respectively. ACL on Securities AFS and HTM We use credit ratings quarterly and the most recent financial information of securities' issuers annually to help evaluate the credit quality of our securities AFS and HTM portfolios on a quarterly basis. The securities portfolio consists primarily of U.S. government treasuries and U.S. government agency asset backed securities which have no probability of default. The remaining portfolio consists of highly rated municipal bonds, non-agency CMO, and corporate bonds that have a low probability of default. For the three and nine months ended September 30, 2024 and 2023, we had no significant ACL or provision expense and no charge-offs or recoveries on AFS or HTM securities. Pledged Securities As of September 30, 2024 and December 31, 2023, securities having a carrying value of $51.6 million and $60.1 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.

Loans and Other Finance Receiva

Loans and Other Finance Receivables	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Loans and Other Finance Receivables	Loans and Other Finance Receivables The following table presents loans and other finance receivables detailed by category at the dates indicated: (dollars in thousands) September 30, December 31, Real estate loans: Commercial mortgage $ 800,938 $ 737,863 Home equity lines and loans 86,967 76,287 Residential mortgage 257,604 260,604 Construction 250,552 246,440 Total real estate loans 1,396,061 1,321,194 Commercial and industrial 363,854 302,891 Small business loans 156,499 142,342 Consumer 342 389 Leases, net 86,704 121,632 Total loans and other finance receivables $ 2,003,460 $ 1,888,448 Balances included in loans and other finance receivables, net of fees and costs: Residential mortgage real estate loans accounted under fair value option, at fair value $ 13,965 $ 13,726 Residential mortgage real estate loans accounted under fair value option, at amortized cost 15,344 16,198 Unearned lease income included in leases, net (11,085) (19,210) Unamortized deferred loan origination costs, net of deferred fees $ 4,936 $ 7,358 Fair Value Option for Residential Mortgage Real Estate Loans Residential mortgage real estate loans that were originated by the Corporation and intended for sale in the secondary market to permanent investors, but were either repurchased or unsalable due to defect, and that the Corporation has the ability and intent to hold for the foreseeable future or until maturity or payoff are carried at fair value pursuant to the Corporation's election of the fair value option for these loans. The remaining loans, net of fees and costs are stated at their outstanding unpaid principal balances, net of deferred fees or costs, since the original intent for these loans was to hold them until payoff or maturity. Nonaccrual and Past Due Loans The following tables present an aging of the Corporation’s loans at the dates indicated: September 30, 2024 (dollars in thousands) 30-89 days past due Current Total accruing loans and leases Nonaccrual loans and leases Total loans portfolio and leases % Delinquent Commercial mortgage $ — $ 800,087 $ 800,087 $ 851 $ 800,938 0.11 % Home equity lines and loans 847 84,907 85,754 1,213 86,967 2.37 Residential mortgage (1) 369 248,293 248,662 8,942 257,604 3.61 Construction 4,892 242,355 247,247 3,305 250,552 3.27 Commercial and industrial 402 348,310 348,712 15,142 363,854 4.27 Small business loans — 142,697 142,697 13,802 156,499 8.82 Consumer — 342 342 — 342 — Leases, net 1,865 82,951 84,816 1,888 86,704 4.33 % Total $ 8,375 $ 1,949,942 $ 1,958,317 $ 45,143 $ 2,003,460 2.67 % (1) Includes $14.0 million of loans at fair value of which $13.6 million are current, $0 are 30-89 days past due and $361 thousand are nonaccrual. December 31, 2023 (dollars in thousands) 30-89 days past due Current Total accruing loans and leases Nonaccrual loans and leases Total loans portfolio and leases % Delinquent Commercial mortgage $ 571 $ 737,292 $ 737,863 $ — $ 737,863 0.08 % Home equity lines and loans 566 74,684 75,250 1,037 76,287 2.10 Residential mortgage (1) 1,103 254,965 256,068 4,536 260,604 2.16 Construction — 245,234 245,234 1,206 246,440 0.49 Commercial and industrial — 287,478 287,478 15,413 302,891 5.09 Small business loans 1,499 131,403 132,902 9,440 142,342 7.69 Consumer — 389 389 — 389 — Leases, net 2,197 117,304 119,501 2,131 121,632 3.56 % Total $ 5,936 $ 1,848,749 $ 1,854,685 $ 33,763 $ 1,888,448 2.10 % (1) Includes $13.7 million of loans at fair value of which $12.9 million are current, $0 are 30-89 days past due and $786 thousand are nonaccrual. There were no loans in the tables above as of September 30, 2024 or December 31, 2023 that were 90+days past due and still accruing interest. Foreclosed and Repossessed Assets At September 30, 2024 and December 31, 2023, there were 3 and 4 consumer mortgage loans, respectively, secured by residential real estate properties (included in loans, net of fees and costs on the Consolidated Balance Sheets) totaling $1.1 million and $937 thousand, respectively, for which formal foreclosure proceedings were in process. Risks and Uncertainties We have no particular credit concentration. Our commercial loans have been proactively managed in an effort to achieve a balanced portfolio with no unusual exposure to one industry. Additionally, most of our lending activity occurs within our primary market areas which are concentrated in southeastern Pennsylvania, Delaware, and Maryland as well as other contiguous markets and represents a geographic concentration. Additionally, our loan portfolio is concentrated in commercial loans. Commercial loans are generally viewed as having more inherent risk of default than residential real estate loans or other consumer loans. Also, the commercial loan balance per borrower is typically larger than that for residential real estate loans and consumer loans, implying higher potential losses on an individual loan basis. Past Due and Nonaccrual Status The following tables presents the amortized costs basis of loans and leases on nonaccrual status and loans 90 days or more past due and still accruing, net of fees and costs as of September 30, 2024 and December 31, 2023. As of this date here were no loans 90 days or more past due and still accruing. September 30, 2024 December 31, 2023 (dollars in thousands) Nonaccrual without ACL Nonaccrual with ACL Total nonaccrual Nonaccrual without ACL Nonaccrual with ACL Total nonaccrual Commercial mortgage $ 851 $ — $ 851 $ — $ — $ — Home equity lines and loans 1,213 — 1,213 1,037 — 1,037 Residential mortgage 8,813 129 8,942 4,536 — 4,536 Construction 3,305 — 3,305 1,206 — 1,206 Commercial and industrial (1) 179 14,963 15,142 3,343 12,070 15,413 Small business loans 6,327 7,475 13,802 3,607 5,833 9,440 Leases, net 1,888 — 1,888 2,131 — 2,131 Total $ 22,576 $ 22,567 $ 45,143 $ 15,860 $ 17,903 $ 33,763 (1) Increase in commercial and industrial nonaccrual loans with ACL relates to a repurchased loan as described further in footnote 5. Collateral-dependent Loans The following tables presents the amortized cost basis of non-accruing collateral-dependent loans by class or loans as of September 30, 2024 and December 31, 2023 under the current expected credit loss model: September 30, 2024 December 31, 2023 (dollars in thousands) Real estate Equipment and other Total Real estate Equipment and other Total Commercial mortgage $ 851 $ — $ 851 $ — $ — $ — Home equity lines and loans 1,213 — 1,213 1,037 — 1,037 Residential mortgage 8,942 — 8,942 4,536 — 4,536 Construction 3,305 — 3,305 1,206 — 1,206 Commercial and industrial 1,344 13,798 15,142 1,890 13,523 15,413 Small business loans 10,950 2,852 13,802 6,320 3,120 9,440 Leases, net — 1,888 1,888 — 2,131 2,131 Total $ 26,605 $ 18,538 $ 45,143 $ 14,989 $ 18,774 $ 33,763

Allowance for Credit Losses

Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2024
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]
Allowance for Credit Losses	Allowance for Credit Losses The ACL is maintained at a level considered adequate to provide for estimated expected credit losses within the loan portfolio over the contractual life of an instrument that considers our historical loss experience, current conditions and forecasts of future economic conditions as of the balance sheet date. Management’s periodic evaluation of the adequacy of the ACL 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 ACL by Portfolio Segment The following tables provide the activity of our allowance for credit losses for the three and nine months ended September 30, 2024 and September 30, 2023 under the CECL model in accordance with ASC 326 (as adopted on January 1, 2023): Three Months Ended September 30, 2024 (dollars in thousands) Beginning balance Initial PCD on purchased loan Charge-offs Recoveries Provision (recovery of provision) for credit losses Ending balance Commercial mortgage $ 3,676 $ — $ — $ — $ (33) $ 3,643 Home equity lines and loans 1,114 — — 1 (10) 1,105 Residential mortgage 1,059 — — — (78) 981 Construction 591 — — — (12) 579 Commercial and industrial (1) 4,811 574 (107) — 601 5,879 Small business loans 7,498 — (1,104) 41 732 7,167 Consumer — — (2) 1 1 — Leases, net 2,954 — (1,227) 109 775 2,611 Total $ 21,703 $ 574 $ (2,440) $ 152 $ 1,976 $ 21,965 (1) - Meridian repurchased, at a discount of $574 thousand, the remaining balance of a commercial loan participation to another bank. The discount was recorded as a PCD loan in the ACL rollforward as presented above. As noted above, on July 17, 2024 Meridian repurchased, at a discount of $574 thousand, the remaining balance of a commercial loan participation to another bank. At the time of purchase the determination was made that this loan had experienced more than insignificant deterioration in credit quality since origination. The impact of this loan repurchase increased the balance of non-performing loans by $2.1 million and also increased the ACL by $574 thousand as this loan is classified as a PCD loan. This initial measurement of expected credit losses on a PCD loan has no impact on net income. Subsequent changes to the ACL on a PCD loan would be recognized through a provision for credit losses on the statement of income. Nine Months Ended September 30, 2024 (dollars in thousands) Beginning balance Initial PCD on purchased loan Charge-offs Recoveries Provision (recovery of provision) for credit losses Ending balance Commercial mortgage $ 4,375 $ — $ — $ — $ (732) $ 3,643 Home equity lines and loans 998 — (86) 29 164 1,105 Residential mortgage 1,020 — — — (39) 981 Construction 485 — — — 94 579 Commercial and industrial 4,518 574 (1,935) 2 2,720 5,879 Small business loans 7,005 — (2,583) 108 2,637 7,167 Consumer — — (3) 3 — — Leases, net 3,706 — (4,629) 382 3,152 2,611 Total $ 22,107 $ 574 $ (9,236) $ 524 $ 7,996 $ 21,965 Three Months Ended September 30, 2023 (dollars in thousands) Beginning Balance Charge-offs Recoveries Provision (recovery of provision) for credit losses Ending balance Commercial mortgage $ 3,249 $ — $ — $ 916 $ 4,165 Home equity lines and loans 790 — 2 153 945 Residential mortgage 1,047 — — 157 1,204 Construction 1,294 — — (453) 841 Commercial and industrial 2,241 (130) 1 267 2,379 Small business loans 6,869 (272) 1 (511) 6,086 Consumer — (1) 1 — — Leases, net 4,753 (606) 90 (174) 4,063 Total $ 20,242 $ (1,009) $ 95 $ 355 $ 19,683 Nine Months Ended September 30, 2023 (dollars in thousands) Beginning Balance Adjustment to initially apply ASU No. 2016-13 for CECL Charge-offs Recoveries Provision (Reversal) Ending balance Commercial mortgage $ 4,095 $ (526) $ — $ — $ 596 $ 4,165 Home equity lines and loans 188 439 (87) 5 400 945 Residential mortgage 948 17 — — 239 1,204 Construction 3,075 (1,763) — — (471) 841 Commercial and industrial 4,012 (1,023) (130) 57 (537) 2,379 Small business loans 4,909 1,110 (598) 1 664 6,086 Consumer 3 (3) (1) 3 (2) — Leases, net 1,598 3,345 (2,845) 242 1,723 4,063 Total $ 18,828 $ 1,596 $ (3,661) $ 308 $ 2,612 $ 19,683 Reconciliation of Provision for Credit Losses The following table provides a reconciliation of the provision for credit losses on the consolidated statements of income between the funded and unfunded components at the dates indicated: Three Months Ended Nine Months Ended (dollars in thousands) 2024 2023 2024 2023 Provision for credit losses - funded loans $ 1,976 $ 355 $ 7,996 $ 2,612 Provision (recovery) for credit losses - unfunded loans 306 (273) (168) (426) Total provision for credit losses $ 2,282 $ 82 $ 7,828 $ 2,186 Allowance Allocated by Portfolio Segment The following tables detail the allocation of the ACL and the carrying value for loans and leases by portfolio segment based on the methodology used to evaluate the loans and leases at the dates indicated: September 30, 2024 Allowance for credit losses Carrying value of loans and leases (dollars in thousands) Individually evaluated Collectively evaluated Total Individually evaluated Collectively evaluated Total Commercial mortgage $ — $ 3,643 $ 3,643 $ 851 $ 800,087 $ 800,938 Home equity lines and loans — 1,105 1,105 1,213 85,754 86,967 Residential mortgage 9 972 981 8,581 235,058 243,639 Construction — 579 579 3,305 247,247 250,552 Commercial and industrial 3,903 1,976 5,879 15,142 348,712 363,854 Small business loans 2,847 4,320 7,167 13,802 142,697 156,499 Consumer — — — — 342 342 Leases, net — 2,611 2,611 1,888 84,816 86,704 Total (1) $ 6,759 $ 15,206 $ 21,965 $ 44,782 $ 1,944,713 $ 1,989,495 ( 1) Excludes deferred fees and loans carried at fair value. December 31, 2023 Allowance for credit losses Carrying value of loans and leases (dollars in thousands) Individually evaluated Collectively evaluated Total Individually evaluated Collectively evaluated Total Commercial mortgage $ — $ 4,375 $ 4,375 $ — $ 737,863 $ 737,863 Home equity lines and loans — 998 998 1,037 75,250 76,287 Residential mortgage — 1,020 1,020 3,750 243,128 246,878 Construction — 485 485 1,206 245,234 246,440 Commercial and industrial 3,691 827 4,518 15,413 287,478 302,891 Small business loans 2,805 4,200 7,005 9,440 132,902 142,342 Consumer — — — — 389 389 Leases, net — 3,706 3,706 2,131 119,501 121,632 Total (1) $ 6,496 $ 15,611 $ 22,107 $ 32,977 $ 1,841,745 $ 1,874,722 ( 1) Excludes deferred fees and loans carried at fair value. Credit Quality Indicators As part of the process of determining the ACL 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 year of origination and the credit quality indicators used to determine the allowance for credit losses at the dates indicated: September 30, 2024 Revolving Loans Converted to Term Loans Revolving Loans Total Term Loans (dollars in thousands) 2024 2023 2022 2021 2020 Prior Commercial mortgage Pass/Watch $ 92,898 $ 100,002 $ 159,003 $ 143,288 $ 97,750 $ 179,056 $ 511 $ 191 $ 772,699 Special Mention — — 11,355 — 4,354 7,960 667 — 24,336 Substandard — 200 — — 437 3,266 — — 3,903 Total $ 92,898 $ 100,202 $ 170,358 $ 143,288 $ 102,541 $ 190,282 $ 1,178 $ 191 $ 800,938 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction Pass/Watch $ 51,252 $ 67,740 $ 46,861 $ 13,892 $ 17,097 $ 8,611 $ 123 $ 34,226 $ 239,802 Special Mention 89 1,185 319 — — — — — 1,593 Substandard — — 959 1,419 631 2,608 — 3,540 9,157 Total $ 51,341 $ 68,925 $ 48,139 $ 15,311 $ 17,728 $ 11,219 $ 123 $ 37,766 $ 250,552 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial and industrial Pass/Watch $ 69,935 $ 25,251 $ 20,941 $ 20,751 $ 8,977 $ 23,484 $ — $ 155,987 $ 325,326 Special Mention — 850 2,641 — — 1,045 — 5,549 10,085 Substandard — — 3,869 2,331 — 10,116 — 12,127 28,443 Total $ 69,935 $ 26,101 $ 27,451 $ 23,082 $ 8,977 $ 34,645 $ — $ 173,663 $ 363,854 Year-to-date gross charge-offs $ — $ (607) $ — $ — $ — $ (1,324) $ — $ (4) $ (1,935) Small business loans Pass/Watch $ 28,917 $ 27,159 $ 25,859 $ 28,458 $ 9,709 $ 6,539 $ — $ 13,564 $ 140,205 Special Mention — — — — — — — — — Substandard — 1,301 1,441 7,957 3,657 — — 1,938 16,294 Total $ 28,917 $ 28,460 $ 27,300 $ 36,415 $ 13,366 $ 6,539 $ — $ 15,502 $ 156,499 Year-to-date gross charge-offs $ — $ (118) $ (1,551) $ (140) $ (182) $ — $ — $ (592) $ (2,583) Total by risk rating Pass/Watch $ 243,002 $ 220,152 $ 252,664 $ 206,389 $ 133,533 $ 217,690 $ 634 $ 203,968 $ 1,478,032 Special Mention 89 2,035 14,315 — 4,354 9,005 667 5,549 36,014 Substandard — 1,501 6,269 11,707 4,725 15,990 — 17,605 57,797 Total $ 243,091 $ 223,688 $ 273,248 $ 218,096 $ 142,612 $ 242,685 $ 1,301 $ 227,122 $ 1,571,843 Total year-to-date gross charge-offs $ — $ (725) $ (1,551) $ (140) $ (182) $ (1,324) $ — $ (596) $ (4,518) December 31, 2023 Revolving Loans Converted to Term Loans Revolving Loans Total Term Loans (dollars in thousands) 2023 2022 2021 2020 2019 Prior Commercial mortgage Pass/Watch $ 106,341 $ 160,302 $ 158,647 $ 97,535 $ 56,382 $ 133,349 $ 511 $ 423 $ 713,490 Special Mention — — — 4,425 4,341 9,975 667 — 19,408 Substandard 200 — 571 — 1,635 2,233 — 326 4,965 Total $ 106,541 $ 160,302 $ 159,218 $ 101,960 $ 62,358 $ 145,557 $ 1,178 $ 749 $ 737,863 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction Pass/Watch $ 67,776 $ 88,737 $ 21,793 $ 27,336 $ 2,307 $ 2,093 $ 123 $ 25,976 $ 236,141 Special Mention — — 1,329 — 511 4,329 — 2,924 9,093 Substandard — — — — — 1,206 — — 1,206 Total $ 67,776 $ 88,737 $ 23,122 $ 27,336 $ 2,818 $ 7,628 $ 123 $ 28,900 $ 246,440 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial and industrial Pass/Watch $ 26,314 $ 38,748 $ 24,523 $ 8,449 $ 4,148 $ 33,726 $ — $ 131,304 $ 267,212 Special Mention 500 9 — — — 1,361 — 6,440 8,310 Substandard — — 2,906 — 300 9,469 — 14,694 27,369 Total $ 26,814 $ 38,757 $ 27,429 $ 8,449 $ 4,448 $ 44,556 $ — $ 152,438 $ 302,891 Year-to-date gross charge-offs $ (209) $ (55) $ — $ (2) $ — $ — $ — $ — $ (266) Small business loans Pass/Watch $ 35,764 $ 26,621 $ 37,278 $ 11,687 $ 6,672 $ 920 $ — $ 12,507 $ 131,449 Special Mention — — — 909 — — — 314 1,223 Substandard 49 1,523 5,090 2,122 — — — 886 9,670 Total $ 35,813 $ 28,144 $ 42,368 $ 14,718 $ 6,672 $ 920 $ — $ 13,707 $ 142,342 Year-to-date gross charge-offs $ — $ — $ — $ (11) $ (912) $ — $ — $ (565) $ (1,488) Total by risk rating Pass/Watch $ 236,195 $ 314,408 $ 242,241 $ 145,007 $ 69,509 $ 170,088 $ 634 $ 170,210 $ 1,348,292 Special Mention 500 9 1,329 5,334 4,852 15,665 667 9,678 38,034 Substandard 249 1,523 8,567 2,122 1,935 12,908 — 15,906 43,210 Total $ 236,944 $ 315,940 $ 252,137 $ 152,463 $ 76,296 $ 198,661 $ 1,301 $ 195,794 $ 1,429,536 Total year-to-date gross charge-offs $ (209) $ (55) $ — $ (13) $ (912) $ — $ — $ (565) $ (1,754) The Corporation had no loans with a risk rating of Doubtful included within recorded investment in loans and leases held for investment at September 30, 2024 and December 31, 2023. 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 year of origination and performance status at the dates indicated: September 30, 2024 Revolving Loans Total Term Loans (dollars in thousands) 2024 2023 2022 2021 2020 Prior Home equity lines and loans Performing $ 564 $ 335 $ 771 $ 212 $ 335 $ 3,417 $ 79,640 $ 85,274 Nonperforming — 91 342 1,260 1,693 Total $ 564 $ 335 $ 771 $ 303 $ 335 $ 3,759 $ 80,900 $ 86,967 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ (86) $ (86) Residential mortgage (1) Performing $ 12,624 $ 47,201 $ 143,220 $ 17,481 $ 6,150 $ 8,382 $ — $ 235,058 Nonperforming 129 247 2,607 763 1,069 3,766 — 8,581 Total $ 12,753 $ 47,448 $ 145,827 $ 18,244 $ 7,219 $ 12,148 $ — $ 243,639 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer Performing $ — $ 38 $ 25 $ — $ — $ 246 $ 33 $ 342 Nonperforming — — — — — — — — Total $ — $ 38 $ 25 $ — $ — $ 246 $ 33 $ 342 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ (3) $ (3) Leases, net Performing $ 305 $ 17,524 $ 40,852 $ 20,496 $ 5,605 $ — $ — $ 84,782 Nonperforming — 232 1,158 383 149 — — 1,922 Total $ 305 $ 17,756 $ 42,010 $ 20,879 $ 5,754 $ — $ — $ 86,704 Year-to-date gross charge-offs $ — $ (713) $ (2,865) $ (842) $ (209) $ — $ — $ (4,629) Total by Payment Performance Performing $ 13,493 $ 65,098 $ 184,868 $ 38,189 $ 12,090 $ 12,045 $ 79,673 $ 405,456 Nonperforming 129 479 3,765 1,237 1,218 4,108 1,260 12,196 Total $ 13,622 $ 65,577 $ 188,633 $ 39,426 $ 13,308 $ 16,153 $ 80,933 $ 417,652 Total year-to-date gross charge-offs $ — $ (713) $ (2,865) $ (842) $ (209) $ — $ (89) $ (4,718) (1) Excludes $14.0 million of loans at fair value. December 31, 2023 Revolving Loans Total Term Loans (dollars in thousands) 2023 2022 2021 2020 2019 Prior Home equity lines and loans Performing $ 343 $ 795 $ 314 $ 352 $ 2,191 $ 2,295 $ 68,600 $ 74,890 Nonperforming — — — — — — 1,397 1,397 Total $ 343 $ 795 $ 314 $ 352 $ 2,191 $ 2,295 $ 69,997 $ 76,287 Year-to-date gross charge-offs $ — $ — $ — $ — $ (33) $ — $ (54) $ (87) Residential mortgage (1) Performing $ 48,576 $ 154,219 $ 22,237 $ 6,260 $ 456 $ 11,380 $ — $ 243,128 Nonperforming — 1,350 — 1,043 — 1,357 — 3,750 Total $ 48,576 $ 155,569 $ 22,237 $ 7,303 $ 456 $ 12,737 $ — $ 246,878 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer Performing $ 39 $ 35 $ — $ — $ 32 $ 234 $ 49 $ 389 Nonperforming — — — — — — — — Total $ 39 $ 35 $ — $ — $ 32 $ 234 $ 49 $ 389 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ (2) $ (2) Leases, net Performing $ 23,054 $ 55,940 $ 30,876 $ 9,718 $ — $ — $ — $ 119,588 Nonperforming 263 1,194 368 219 — — — 2,044 Total $ 23,317 $ 57,134 $ 31,244 $ 9,937 $ — $ — $ — $ 121,632 Year-to-date gross charge-offs $ (128) $ (2,165) $ (1,450) $ (290) $ — $ — $ — $ (4,033) Total by Payment Performance Performing $ 72,012 $ 210,989 $ 53,427 $ 16,330 $ 2,679 $ 13,909 $ 68,649 $ 437,995 Nonperforming 263 2,544 368 1,262 — 1,357 1,397 7,191 Total $ 72,275 $ 213,533 $ 53,795 $ 17,592 $ 2,679 $ 15,266 $ 70,046 $ 445,186 Total year-to-date gross charge-offs $ (128) $ (2,165) $ (1,450) $ (290) $ (33) $ — $ (56) $ (4,122) (1) Excludes $13.7 million of fair value loans. Modifications to Borrowers Experiencing Financial Difficulty An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. Because the effect of most modifications made to borrowers experiencing financial difficulty is already included in the ACL on loans and leases, a change to the allowance for credit losses is generally not recorded upon modification. However, when principal forgiveness is provided, the amortized cost basis of the asset is written off against the ACL on loans and leases. The amount of the principal forgiveness is deemed to be uncollectible; therefore, that portion of the loan is written off, resulting in a reduction of the amortized cost basis and a corresponding adjustment to the allowance for credit losses. The following presents, by class of loans, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three and nine months ended September 30, 2024 and 2023. Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Number of Loans Amortized Cost Basis % of Total Class of Financing Receivable Related Reserve Number of Loans Amortized Cost Basis % of Total Class of Financing Receivable Related Reserve (dollars in thousands) Accruing Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 2 $ 557 0.4 % $ — 3 $ 1,517 1.1 % $ — Construction 1 319 0.1 % — — — — % — Total 3 $ 876 $ — 3 $ 1,517 $ — Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans — $ — — % $ — 2 $ 306 0.2 % $ 77 Total — $ — $ — 2 $ 306 $ 77 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Number of Loans Amortized Cost Basis % of Total Class of Financing Receivable Related Reserve Number of Loans Amortized Cost Basis % of Total Class of Financing Receivable Related Reserve (dollars in thousands) Accruing Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 5 $ 1,245 0.8 % $ — 3 $ 1,517 1.1 % $ — Construction 1 319 0.1 % — — — — % — Commercial & industrial 5 2,737 0.8 % — 1 2,407 0.8 % — Total 11 $ 4,301 $ — 4 $ 3,924 $ — Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 4 $ 2,701 1.7 % $ 942 2 $ 306 0.2 % $ 77 Commercial & industrial 4 2,276 0.6 % — 1 1,406 0.5 % 422 Total 8 $ 4,977 $ 942 3 3 $ 1,712 $ 499 The following presents, by class of loans, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three and nine months ended September 30, 2024 and 2023. Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Number of Loans Financial Effect Number of Loans Financial Effect (dollars in thousands) Accruing Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 2 Extend maturity date 3 Extend maturity date Construction 1 Extend maturity date Total 3 3 Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans — Extend maturity date and allow additional lender funding 2 Extend term and allow additional lender funding Total — 2 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Number of Loans Financial Effect Number of Loans Financial Effect (dollars in thousands) Accruing Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 5 Extend maturity date 3 Extend maturity date Construction 1 Extend maturity date — Commercial & industrial 5 Extend maturity date and allow additional lender funding 1 Extend maturity date Total 11 4 Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 4 Extend maturity date 2 Extend term and allow additional lender funding Commercial & industrial 4 Extend maturity date and allow additional lender funding 1 Extend term and allow additional lender funding Total 8 3 There were 3 and 5 modifications granted to borrowers experiencing financial difficulty for the three months ended September 30, 2024 and September 30, 2023, respectively. There were 14 and 7 modifications granted to borrowers experiencing financial difficulty for the nine months ended September 30, 2024 and September 30, 2023, respectively. The increase in assistance provided to small business loan customers experiencing financial difficulty is largely due to the elevated interest rate environment as the majority of our small business loans carry a variable interest rate. In accordance with the SBA's SOP 50-57-3 covering loan servicing, we work with such customers to help determine whether temporary payment relief would help to improve their cash flows in the near future. There were one and two loans that had payment defaults during the three and nine months ended September 30, 2024, respectively, and zero during the three and nine months ended September 30, 2023, that were modified in the 12 months before default to borrowers experiencing financial difficulty. There were no commitments to lend additional funds to the borrowers experiencing financial difficulty that had modifications during the three and nine months ended September 30, 2024 and September 30, 2023.

Short-Term Borrowings and Long

Short-Term Borrowings and Long -Term Debt	9 Months Ended
	Sep. 30, 2024
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 FHLB or other correspondent banks. The Corporation has 5 unsecured borrowing facilities with correspondent banks for up to $56 million in total. Federal funds purchased generally represent one-day borrowings. The Corporation had $0 and $0 in Federal funds purchased at September 30, 2024 and December 31, 2023. The Corporation also has a facility with the Federal Reserve Bank discount window of $6 million. This facility is fully secured by investment securities and pledged loans. There were no borrowings under this at September 30, 2024 and December 31, 2023. The Corporation's facility with the Federal Reserve’s BTFP expired in March 2024. The Corporation has a revolving line of credit with ACBB of $5 million that is used to fund operating activities of the Corporation. The following table presents short-term borrowings at the dates indicated: (dollars in thousands) Maturity Interest September 30, December 31, FHLB Open Repo Plus Weekly 06/16/2025 5.18% $ 75,204 $ 104,792 FRB BTFP Advances 03/29/2024 4.76% — 33,000 ACBB Holding Company Revolving LOC 6/25/2025 8.25% 1,500 — FHLB Mid-term Repo Fixed 9/30/2024 4.60% — 3,432 FHLB Mid-term Repo Fixed 10/25/2024 5.03% 8,097 — FHLB Mid-term Repo Fixed 1/27/2025 4.85% 8,000 — FHLB Mid-term Repo Fixed 2/24/2025 5.35% 7,813 — Total Short-Term Borrowings $ 100,614 $ 141,224 The following table presents long-term borrowings at the dates indicated: (dollars in thousands) Maturity Interest September 30, December 31, FHLB Mid-term Repo Fixed 12/22/2025 4.23% $ 8,935 $ 8,935 FHLB Mid-term Repo Fixed 5/20/2027 4.70% 10,594 — FHLB Mid-term Repo Fixed 10/14/2025 5.16% 9,492 9,492 FHLB Mid-term Repo Fixed 7/14/2026 4.57% 15,245 15,245 Total Long-Term Borrowings $ 44,266 $ 33,672 The FHLB has also issued $162.4 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 the remainder of 2024. The Corporation has a maximum borrowing capacity with the FHLB of $684.0 million as of September 30, 2024 and $626.8 million as of December 31, 2023. 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	9 Months Ended
	Sep. 30, 2024
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. Residential Mortgage Loans The related MSR asset is 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 $905.0 million and $945.2 million of residential mortgage loans as of September 30, 2024 and December 31, 2023, respectively. During the three and nine months ended September 30, 2024, the Corporation recognized servicing fee income of $572 thousand and $1.7 million, respectively, compared to $612 thousand and $1.9 million, respectively, during the three and nine months ended September 30, 2023. Changes in the MSR balance are summarized as follows: Three months ended Nine months ended (dollars in thousands) 2024 2023 2024 2023 Balance at beginning of the period $ 8,026 $ 9,238 $ 8,621 $ 9,942 Servicing rights capitalized 48 9 80 9 Amortization of servicing rights (292) (319) (919) (1,025) Change in valuation allowance - recovery — — — 2 Balance at end of the period $ 7,782 $ 8,928 $ 7,782 $ 8,928 Of the total MSR balance of $7.8 million as of September 30, 2024 presented above, $6.6 million is classified as servicing assets held for sale in the consolidated balance sheet as of that date. 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 September 30, 2024, the key assumptions used to determine the fair value of the Corporation’s MSRs included a lifetime constant prepayment rate equal to 11.68% and a discount rate equal to 9.50%. At December 31, 2023, the key assumptions used to determine the fair value of the Corporation’s MSRs included a lifetime constant prepayment rate equal to 8.57% and a discount rate equal to 9.50%. Due in part to market volatility as interest rates increased, the prepayment speed assumption has decreased from December 31, 2023 to September 30, 2024. The sensitivity of the current fair value of the residential mortgage servicing rights to immediate 10% and 20% adverse changes in key economic assumptions are included in the following table. (dollars in thousands) September 30, December 31, Fair value of residential mortgage servicing rights $ 10,315 $ 11,221 Weighted average life (months) 43 28 Prepayment speed 11.68 % 8.57 % Impact on fair value: 10% adverse change $ (446) $ (506) 20% adverse change (859) (973) Discount rate 9.50 % 9.50 % Impact on fair value: 10% adverse change $ (1,009) $ (415) 20% adverse change (1,369) (799) 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. Residential Mortgage Loan MSR Sale On October 31, 2024 the Corporation sold approximately $6.6 million of residential mortgage loan servicing rights associated with $777.2 million of its $905.0 million in serviced loans. The Corporation received $9.6 million in cash on the date of the sale, will receive approximately $534 thousand by January 2, 2025, and will receive a final payment of approximately $534 thousand up to one year from the date of the sale, or after all transfer conditions have been satisfied. The MSRs sold were classified as servicing assets held for sale in the consolidated balance sheet as of September 30, 2024. 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 $239.3 million and $225.8 million of SBA loans, as of September 30, 2024 and December 31, 2023, respectively. Changes in the SBA loan servicing asset balance are summarized as follows: Three months ended Nine months ended (dollars in thousands) 2024 2023 2024 2023 Balance at beginning of the period $ 3,315 $ 2,955 $ 3,127 $ 2,404 Servicing rights capitalized 208 373 661 1,099 Amortization of servicing rights (325) (243) (785) (690) Change in valuation allowance (7) (178) 188 94 Balance at end of the period $ 3,191 $ 2,907 $ 3,191 $ 2,907 Activity in the valuation allowance for SBA loan servicing assets was as follows: Three months ended Nine months ended (dollars in thousands) 2024 2023 2024 2023 Valuation allowance, beginning of period $ (73) $ (92) $ (268) $ (364) Impairment (7) (178) (7) (178) Recovery — — 195 272 Valuation allowance, end of period $ (80) $ (270) $ (80) $ (270) 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 September 30, 2024, 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 16.94% and a discount rate equal to 13.04%. At December 31, 2023, 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 14.70% and a discount rate equal to 14.66%. The sensitivity of the current fair value of the SBA loan servicing rights to immediate 10% and 20% adverse changes in key economic assumptions are included in the following table. (dollars in thousands) September 30, December 31, Fair value of SBA loan servicing rights $ 3,575 $ 3,376 Weighted average life (years) 3.2 3.5 Prepayment speed 16.94 % 14.70 % Impact on fair value: 10% adverse change $ (159) $ (125) 20% adverse change (305) (241) Discount rate 13.04 % 14.66 % Impact on fair value: 10% adverse change $ (79) $ (74) 20% adverse change (156) (145) 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	9 Months Ended
	Sep. 30, 2024
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. The following table presents the fair value of financial assets measured at fair value on a recurring basis by level within the fair value hierarchy at the dates indicated : September 30, 2024 (dollars in thousands) Total Level 1 Level 2 Level 3 Assets Securities available for sale: U.S. asset backed securities $ 30,871 $ — $ 30,871 $ — U.S. government agency MBS 21,972 — 21,972 — U.S. government agency CMO 34,564 — 34,564 — State and municipal securities 37,520 — 37,520 — U.S. Treasuries 19,202 19,202 — — Non-U.S. government agency CMO 12,596 — 12,596 Corporate bonds 14,843 — 14,843 — Equity investments 2,166 — 2,166 — Mortgage loans held for sale 46,602 — 46,602 — Mortgage loans held for investment 13,965 — 13,965 — Interest rate lock commitments 419 — — 419 Forward commitments 15 — 15 — Customer derivatives - interest rate swaps 2,775 — 2,775 — Fair Value Hedge 7 — 7 — Total $ 237,517 $ 19,202 $ 217,896 $ 419 September 30, 2024 (dollars in thousands) Total Level 1 Level 2 Level 3 Liabilities Interest rate lock commitments $ 50 $ — $ — $ 50 Forward commitments 9 — 9 — Customer derivatives - interest rate swaps 2,796 — 2,796 — Risk Participation Agreements 78 — 78 — Interest rate swaps 885 — 885 — Total $ 3,818 $ — $ 3,768 $ 50 December 31, 2023 (dollars in thousands) Total Level 1 Level 2 Level 3 Assets Securities available for sale: U.S. asset backed securities $ 16,824 $ — $ 16,824 $ — U.S. government agency MBS 22,634 — 22,634 — U.S. government agency CMO 19,573 — 19,573 — State and municipal securities 36,216 — 36,216 — U.S. Treasuries 30,422 30,422 — — Non-U.S. government agency CMO 13,155 — 13,155 — Corporate bonds 7,195 — 7,195 — Equity investments 2,121 — 2,121 — Mortgage loans held for sale 24,816 — 24,816 — Mortgage loans held for investment 13,726 — 13,726 — Interest rate lock commitments 214 — — 214 Customer derivatives - interest rate swaps 3,528 — 3,528 — Total $ 190,424 $ 30,422 $ 159,788 $ 214 Liabilities Interest rate lock commitments $ 17 $ — $ — $ 17 Forward commitments 41 — 41 — Customer derivatives - interest rate swaps 3,544 — 3,544 — Risk Participation Agreements 11 — 11 — Total $ 3,613 $ — $ 3,596 $ 17 The following table presents assets measured at fair value on a nonrecurring basis at the dates indicated: (dollars in thousands) September 30, December 31, Mortgage servicing rights $ 7,782 $ 8,621 SBA loan servicing rights 3,191 3,127 Individually evaluated loans (1) Commercial and industrial 11,059 9,818 Small business loans 4,743 3,134 Total $ 26,775 $ 24,700 (1) Individually evaluated loans are those in which the Corporation has measured impairment generally based on the fair value of the loan’s collateral. The increase in individually evaluated commercial and industrial loans noted above was due to reassessing how we evaluate the impairment on a loan relationship to now be based on the fair value of collateral. The following table details the valuation techniques for Level 3 individually evaluated loans. (dollars in thousands) Fair Value Valuation Technique Significant Unobservable Input Range of Inputs September 30, 2024 $ 15,802 Appraisal of collateral Management adjustments on appraisals for property type and recent activity 2%-33% discount December 31, 2023 12,952 Appraisal of collateral Management adjustments on appraisals for property type and recent activity 2%-33% 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. Individually Evaluated Loans Individually evaluated 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. Individually evaluated loans are evaluated on a quarterly basis for additional impairment and adjusted in accordance with the ACL 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. Long-Term Debt Fair values of FHLB advances and the acquisition purchase note payable are estimated using discounted cash flow analysis, based on quoted prices for new FHLB advances with similar credit risk characteristics, terms and remaining maturity. These prices obtained from this active market represent a market value that is deemed to represent the transfer price if the liability were assumed by a third party. 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 following table presents the estimated fair values of the Corporation’s financial instruments at the dates indicated: Fair Value September 30, 2024 December 31, 2023 (dollars in thousands) Carrying Fair value Carrying Fair value Financial assets: Cash and cash equivalents Level 1 $ 32,347 $ 32,347 $ 56,697 $ 56,697 Mortgage loans held for sale Level 2 46,602 46,602 24,816 24,816 Loans receivable, net of the allowance for credit losses Level 3 1,994,431 1,949,333 1,882,080 1,832,558 Mortgage loans held for investment Level 2 13,965 13,965 13,726 13,726 Financial liabilities: Deposits Level 2 $ 1,978,927 $ 2,019,200 $ 1,823,462 $ 1,834,700 Borrowings Level 2 144,880 158,600 174,896 176,400 Subordinated debentures Level 2 49,928 49,831 49,836 50,223 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 periods indicated. Three months ended Nine months ended (dollars in thousands) 2024 2023 2024 2023 Balance at beginning of the period $ 451 $ 261 $ 214 $ 87 Increase in value (32) (32) 205 142 Balance at end of the period $ 419 $ 229 $ 419 $ 229 The following table details the valuation techniques for Level 3 interest rate lock commitments. (dollars in thousands) Fair Value Valuation Technique Significant Unobservable Input Range of Inputs Weighted Average September 30, 2024 $ 419 Market comparable pricing Pull through 1 - 99% 83.07% December 31, 2023 214 Market comparable pricing Pull through 1 - 99% 79.48

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments 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. Interest Rate Swaps The Corporation uses interest rate swap agreements to modify interest rate characteristics from variable to fixed or fixed to variable in order to reduce the impact of interest rate changes on future net interest income. The Corporation’s credit exposure on interest rate swaps includes changes in fair value and any collateral that is held by a third party. In June 2023 the Corporation entered into three interest rate swaps classified as cash flow hedges with notional amounts of $25 million each, to hedge the interest payments received on short term borrowings. Under the terms of the three swap agreements, the Corporation pays average fixed rates of 4.070%, 4.027% and 4.117%, and receives variable rates in return indexed to SOFR. The swaps mature between May, June, and December 2026. The Corporation performed an assessment of the hedge for effectiveness at the inception of the hedge and performs an assessment on a recurring basis and determined that the derivative currently is and is expected to be highly effective in offsetting changes in cash flows of the hedged item. For the three and nine months ended September 30, 2024, approximately $1.2 million and $264 thousand respectively, net of tax, is recorded in total comprehensive income as unrealized losses. For the three and nine months ended September 30, 2023, approximately $497 thousand and $825 thousand respectively, net of tax, is recorded in total comprehensive income as unrealized gains. These amounts could differ from amounts actually recognized due to changes in interest rates, hedge de-designations and the addition of other hedges subsequent to September 30, 2024. At September 30, 2024 and December 31, 2023, the combined notional amount of the interest rate swaps was $75 million and $75 million, respectively, and the fair value was a liability of $885 thousand and $539 thousand, respectively. In August 2024 the Corporation entered into an interest rate swap classified as a fair value hedge with a notional amount of $40 million, to hedge the interest payments received on a pool of residential mortgage loans held in portfolio. Under the terms of the swap agreement, the Corporation pays an average fixed rate of 3.60% and receives a variable rate in return indexed to SOFR. The swap matures August 2027. The Corporation performed an assessment of the hedge for effectiveness at the inception of the hedge and performs an assessment on a recurring basis and determined that the derivative currently is and is expected to be highly effective in offsetting changes in fair value of the hedged item. For the three and nine months ended September 30, 2024, approximately $7 thousand and $7 thousand respectively, net of tax, is recorded as a fair values adjustment. These amounts could differ from amounts actually recognized due to changes in interest rates, hedge de-designations and the addition of other hedges subsequent to September 30, 2024. 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 may enter 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 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 notional amounts and fair values of derivative financial instruments at the dates indicated: September 30, 2024 December 31, 2023 (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 $ 64,979 $ 419 $ 33,735 $ 214 Negative fair values Other liabilities 8,976 (50) 5,399 (17) Total $ 73,955 $ 369 $ 39,134 $ 197 Forward Commitments Positive fair values Other assets $ 6,750 $ 15 $ — $ — Negative fair values Other liabilities 4,250 (9) 4,250 (41) Total $ 11,000 $ 6 $ 4,250 $ (41) Customer Derivatives - Interest Rate Swaps Positive fair values Other assets $ 49,143 $ 2,775 $ 50,593 $ 3,528 Negative fair values Other liabilities 49,143 (2,796) 50,593 (3,544) Total $ 98,286 $ (21) $ 101,186 $ (16) Customer Derivatives - Risk Participation Agreements Positive fair values Other assets $ — $ — $ — $ — Negative fair values Other liabilities 7,413 (78) 7,082 (11) Total $ 7,413 $ (78) $ 7,082 $ (11) Fair Value Hedge Positive fair values Other assets $ 40,000 $ 7 $ — $ — Negative fair values Other liabilities — — — — Total $ 40,000 $ 7 $ — $ — Interest Rate Swaps Positive fair values Other assets $ — $ — $ — $ — Negative fair values Other liabilities 75,000 (885) 75,000 (539) Total $ 75,000 $ (885) $ 75,000 $ (539) Total derivative financial instruments $ 305,654 $ (602) $ 226,652 $ (410) 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 Nine months ended (dollars in thousands) 2024 2023 2024 2023 Interest Rate Lock Commitments $ (30) $ 29 $ 172 $ 138 Forward Commitments 4 37 47 50 Customer Derivatives - Interest Rate Swaps (30) 33 (5) 19 Customer Derivatives - Risk Participation Agreements (46) 6 (38) 11 Fair Value Hedge 7 — 7 — Interest Rate Swaps (1,498) 588 (346) 1,023 Net fair value gains (losses) on derivative financial instruments $ (1,593) $ 693 $ (162) $ 1,241 Net realized losses on derivative hedging activities were $197 thousand and $279 thousand for the three and nine months ended September 30, 2024, respectively, and net realized gains of $82 thousand and $81 thousand for the three and nine months ended September 30, 2023, respectively, and are included in non-interest income in the consolidated statements of income.

Segments

Segments	9 Months Ended
	Sep. 30, 2024
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 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 8 loan production offices 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 net hedging gains (losses), if any. The table below summarizes income and expenses, directly attributable to each business line, which have been included in the statement of operations. Total assets for each segment is also provided. Segment Information Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 (Dollars in thousands) Bank Wealth Mortgage Total Bank Wealth Mortgage Total Net interest income $ 18,151 $ 46 $ 45 $ 18,242 $ 17,205 $ (15) $ 34 $ 17,224 Provision for credit losses 2,282 — — 2,282 82 — — 82 Net interest income after provision 15,869 46 45 15,960 17,123 (15) 34 17,142 Non-interest Income Mortgage banking income (7) — 6,481 6,474 80 — 4,739 4,819 Wealth management income — 1,447 — 1,447 — 1,258 — 1,258 SBA loan income 544 — — 544 982 — — 982 Net change in fair values (76) — 1,108 1,032 38 — (394) (356) Net loss on hedging activity — — (197) (197) — — 82 82 Other 897 — 634 1,531 658 — 643 1,301 Non-interest income 1,358 1,447 8,026 10,831 1,758 1,258 5,070 8,086 Non-interest expense 13,287 840 6,419 20,546 12,564 826 6,628 20,018 Income (loss) before income taxes $ 3,940 $ 653 $ 1,652 $ 6,245 $ 6,317 $ 417 $ (1,524) $ 5,210 Total Assets $ 2,319,072 $ 10,543 $ 58,106 $ 2,387,721 $ 2,177,145 $ 8,833 $ 44,993 $ 2,230,971 Segment Information Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 (Dollars in thousands) Bank Wealth Mortgage Total Bank Wealth Mortgage Total Net interest income $ 51,528 $ 76 $ 93 $ 51,697 $ 51,928 $ (12) $ 85 $ 52,001 Provision for credit losses 7,828 — — 7,828 2,186 — — 2,186 Net interest income after provision 43,700 76 93 43,869 49,742 (12) 85 49,815 Non-interest Income Mortgage banking income 147 — 15,381 15,528 221 — 12,922 13,143 Wealth management income 1 4,207 — 4,208 — 3,689 — 3,689 SBA loan income 2,315 — — 2,315 3,463 — — 3,463 Net change in fair values (42) — 1,122 1,080 30 — (574) (544) Net loss on hedging activity — — (279) (279) — — 81 81 Other 2,487 — 2,720 5,207 1,982 — 2,034 4,016 Non-interest income 4,908 4,207 18,944 28,059 5,696 3,689 14,463 23,848 Non-interest expense 37,962 2,479 17,297 57,738 35,608 2,704 19,110 57,422 Income (loss) before income taxes $ 10,646 $ 1,804 $ 1,740 $ 14,190 $ 19,830 $ 973 $ (4,562) $ 16,241 Total Assets $ 2,319,072 $ 10,543 $ 58,106 $ 2,387,721 $ 2,177,145 $ 8,833 $ 44,993 $ 2,230,971

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
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. 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. GAAP 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 credit losses, lending related commitments and the related unfunded commitment reserve, the fair value of financial instruments, other-than-temporary impairments of investment securities, and the valuations of goodwill, intangible assets, and servicing assets. These unaudited consolidated financial statements should be read in conjunction with the Corporation’s filings with the SEC (including our Annual Report on Form 10-K for the year ended December 31, 2023), 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 and nine months ended September 30, 2024 are not necessarily indicative of the results for the year ending December 31, 2024 or for any other period.
Pronouncements Adopted in 2024 and Pronouncements Not Yet Effective as of September 30, 2024	Pronouncements Adopted in 2024 The following pronouncements were adopted in 2024, but did not have a material impact on our consolidated financial statements. • 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” • FASB ASU 2023-02, "Investments Equity Method and Joint Ventures (Topic 323) Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method" Pronouncements Not Yet Effective as of September 30, 2024: FASB ASU 2023-07, “Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures” The amendments in this update improve financial reporting by requiring disclosure of incremental segment information on an annual and interim basis for all public entities to enable investors to develop more decision-useful financial analyses. The amendments in this update also do not change how a public entity identifies its operating segments, aggregates those operating segments, or applies the quantitative thresholds to determine its reportable segments. The amendments in this update are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Corporation does not expect the adoption of this update for fiscal year ending December 31, 2024 to have a material impact on its disclosures. FASB ASU 2023-09, “Income Taxes (Topic 740) Improvements to Income Tax Disclosures” The amendments in this update address investor requests for more transparency about income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information. This update also includes certain other amendments to improve the effectiveness of income tax disclosures. The amendments in this update are effective for fiscal years beginning after December 15, 2024 and are to be applied on a prospective basis. Early adoption is permitted.The Corporation is currently evaluating the impact on its disclosures. FASB ASU 2024-01 Stock Compensation - Scope Application of Profits Interest and Similar Awards The amendments in this update improve the understandability of paragraph 718-10-15-3 apply to all entities that enter into share-based payments transactions. The amendments in this update are effective for fiscal years beginning after December 15, 2024 and are to be applied on a prospective basis. The Corporation is currently evaluating the impact on its disclosures. FASB ASU No. 2023-06, "Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative". This ASU amends the disclosure or presentation requirements related to various subtopics in the FASB ASC. The amendments in this ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics, allow users to more easily compare entities subject to the SEC's existing disclosures with those entities that were not previously subject to the requirements, and align the requirements in the Codification with the SEC's regulations. For entities subject to the SEC's existing disclosure requirements and for entities required to file or furnish financial statements with or to the SEC in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer, the effective date for each amendment will be the date on which the SEC removes that related disclosure from its rules. For all other entities, the amendments will be effective two years later. However, if by June 30, 2027, the SEC has not removed the related disclosure from its regulations, the amendments will be removed from the Codification and not become effective for any entity.

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per common share	Three months ended Nine months ended (dollars in thousands, except per share data) 2024 2023 2024 2023 Numerator for earnings per share: Net income available to common stockholders $ 4,743 $ 4,005 $ 10,745 $ 12,673 Denominators for earnings per share: Weighted average shares outstanding 11,254 11,228 11,249 11,307 Average unearned ESOP shares (144) (170) (151) (178) Basic weighted averages shares outstanding 11,110 11,058 11,098 11,129 Dilutive effects of assumed exercises of stock options 124 119 100 149 Dilutive effects of SERP shares — 186 — 171 Diluted weighted averages shares outstanding 11,234 11,363 11,198 11,449 Basic earnings per share $ 0.43 $ 0.36 $ 0.97 $ 1.14 Diluted earnings per share $ 0.42 $ 0.35 $ 0.96 $ 1.11 Antidilutive shares excluded from computation of average dilutive earnings per share 489 490 586 490

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of securities	The following tables presents the amortized cost, allowance for credit losses, and fair value of securities at the dates indicated: September 30, 2024 (dollars in thousands) Amortized cost Gross unrealized gains Gross unrealized losses Allowance for credit losses Fair value # of Securities in unrealized loss position Securities available-for-sale: U.S. asset backed securities $ 31,001 $ 60 $ (190) $ — $ 30,871 14 U.S. government agency MBS 22,075 222 (325) — 21,972 12 U.S. government agency CMO 36,111 121 (1,668) — 34,564 30 State and municipal securities 41,040 41 (3,561) — 37,520 31 U.S. Treasuries 20,542 — (1,340) — 19,202 17 Non-U.S. government agency CMO 12,876 41 (321) — 12,596 10 Corporate bonds 15,363 255 (775) — 14,843 15 Total securities available-for-sale $ 179,008 $ 740 $ (8,180) $ — $ 171,568 129 Amortized cost Gross unrecognized gains Gross unrecognized losses Allowance for credit losses Fair value # of Securities in unrecognized loss position Securities held to maturity: State and municipal securities $ 33,833 $ 39 $ (2,549) $ — $ 31,323 19 Total securities held-to-maturity $ 33,833 $ 39 $ (2,549) $ — $ 31,323 19 December 31, 2023 Amortized cost Gross unrealized gains Gross unrealized losses Allowance for credit losses Fair value # of Securities in unrealized loss position Securities available-for-sale: U.S. asset backed securities $ 17,012 $ 25 $ (213) $ — $ 16,824 11 U.S. government agency MBS 22,750 364 (480) — 22,634 14 U.S. government agency CMO 21,850 — (2,277) — 19,573 30 State and municipal securities 40,093 — (3,877) — 36,216 31 U.S. Treasuries 32,982 — (2,560) — 30,422 25 Non-U.S. government agency CMO 13,605 102 (552) — 13,155 9 Corporate bonds 8,200 — (1,005) — 7,195 13 Total securities available-for-sale $ 156,492 $ 491 $ (10,964) $ — $ 146,019 133 Amortized cost Gross unrecognized gains Gross unrecognized losses Allowance for credit losses Fair value # of Securities in unrecognized loss position Securities held to maturity: State and municipal securities $ 35,781 $ 52 $ (3,103) $ — $ 32,730 21 Total securities held-to-maturity $ 35,781 $ 52 $ (3,103) $ — $ 32,730 21
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 the dates indicated: September 30, 2024 Less than 12 Months 12 Months or more Total (dollars in thousands) Fair Unrealized losses Fair Unrealized losses Fair Unrealized losses Securities available-for-sale: U.S. asset backed securities $ 15,386 $ (87) $ 3,701 $ (103) $ 19,087 $ (190) U.S. government agency MBS 5,191 (30) 8,220 (295) 13,411 (325) U.S. government agency CMO 3,006 (37) 18,934 (1,631) 21,940 (1,668) State and municipal securities — — 35,982 (3,561) 35,982 (3,561) U.S. Treasuries — — 19,201 (1,340) 19,201 (1,340) Non-U.S. government agency CMO 3,010 (2) 5,455 (319) 8,465 (321) Corporate bonds 1,673 (37) 7,464 (738) 9,137 (775) Total securities available-for-sale $ 28,266 $ (193) $ 98,957 $ (7,987) $ 127,223 $ (8,180) Less than 12 Months 12 Months or more Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Securities held-to-maturity: State and municipal securities $ — $ — $ 29,068 $ (2,549) $ 29,068 $ (2,549) Total securities held-to-maturity $ — $ — $ 29,068 $ (2,549) $ 29,068 $ (2,549) December 31, 2023 Less than 12 Months 12 Months or more Total (dollars in thousands) Fair value Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Securities available-for-sale: U.S. asset backed securities $ 4,981 $ (25) $ 6,195 $ (188) $ 11,176 $ (213) U.S. government agency MBS 4,864 (35) 8,170 (445) 13,034 (480) U.S. government agency CMO 2,687 (36) 16,886 (2,241) 19,573 (2,277) State and municipal securities — — 36,216 (3,877) 36,216 (3,877) U.S. Treasuries — — 30,422 (2,560) 30,422 (2,560) Non-U.S. government agency CMO 1,127 (4) 6,065 (548) 7,192 (552) Corporate bonds 907 (93) 6,288 (912) 7,195 (1,005) Total securities available-for-sale $ 14,566 $ (193) $ 110,242 $ (10,771) $ 124,808 $ (10,964) Less than 12 Months 12 Months or more Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Securities held-to-maturity: State and municipal securities $ 1,021 $ (6) $ 29,404 $ (3,097) $ 30,425 $ (3,103) Total securities held-to-maturity $ 1,021 $ (6) $ 29,404 $ (3,097) $ 30,425 $ (3,103)
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 are shown below by contractual maturities at the dates indicated. 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. September 30, 2024 Available-for-sale Held-to-maturity (dollars in thousands) Amortized cost Fair value Amortized cost Fair value Due in one year or less $ — $ — $ — $ — Due after one year through five years 20,542 19,201 2,017 2,014 Due after five years through ten years 24,592 23,719 5,781 5,102 Due after ten years 62,812 59,516 26,035 24,207 Subtotal 107,946 102,436 33,833 31,323 Mortgage-related securities 71,062 69,132 — — Total $ 179,008 $ 171,568 $ 33,833 $ 31,323

Loans and Other Finance Recei_2

Loans and Other Finance Receivables (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Summary of loans and leases outstanding	The following table presents loans and other finance receivables detailed by category at the dates indicated: (dollars in thousands) September 30, December 31, Real estate loans: Commercial mortgage $ 800,938 $ 737,863 Home equity lines and loans 86,967 76,287 Residential mortgage 257,604 260,604 Construction 250,552 246,440 Total real estate loans 1,396,061 1,321,194 Commercial and industrial 363,854 302,891 Small business loans 156,499 142,342 Consumer 342 389 Leases, net 86,704 121,632 Total loans and other finance receivables $ 2,003,460 $ 1,888,448 Balances included in loans and other finance receivables, net of fees and costs: Residential mortgage real estate loans accounted under fair value option, at fair value $ 13,965 $ 13,726 Residential mortgage real estate loans accounted under fair value option, at amortized cost 15,344 16,198 Unearned lease income included in leases, net (11,085) (19,210) Unamortized deferred loan origination costs, net of deferred fees $ 4,936 $ 7,358
Schedule of age analysis of past due loans and leases	The following tables present an aging of the Corporation’s loans at the dates indicated: September 30, 2024 (dollars in thousands) 30-89 days past due Current Total accruing loans and leases Nonaccrual loans and leases Total loans portfolio and leases % Delinquent Commercial mortgage $ — $ 800,087 $ 800,087 $ 851 $ 800,938 0.11 % Home equity lines and loans 847 84,907 85,754 1,213 86,967 2.37 Residential mortgage (1) 369 248,293 248,662 8,942 257,604 3.61 Construction 4,892 242,355 247,247 3,305 250,552 3.27 Commercial and industrial 402 348,310 348,712 15,142 363,854 4.27 Small business loans — 142,697 142,697 13,802 156,499 8.82 Consumer — 342 342 — 342 — Leases, net 1,865 82,951 84,816 1,888 86,704 4.33 % Total $ 8,375 $ 1,949,942 $ 1,958,317 $ 45,143 $ 2,003,460 2.67 % (1) Includes $14.0 million of loans at fair value of which $13.6 million are current, $0 are 30-89 days past due and $361 thousand are nonaccrual. December 31, 2023 (dollars in thousands) 30-89 days past due Current Total accruing loans and leases Nonaccrual loans and leases Total loans portfolio and leases % Delinquent Commercial mortgage $ 571 $ 737,292 $ 737,863 $ — $ 737,863 0.08 % Home equity lines and loans 566 74,684 75,250 1,037 76,287 2.10 Residential mortgage (1) 1,103 254,965 256,068 4,536 260,604 2.16 Construction — 245,234 245,234 1,206 246,440 0.49 Commercial and industrial — 287,478 287,478 15,413 302,891 5.09 Small business loans 1,499 131,403 132,902 9,440 142,342 7.69 Consumer — 389 389 — 389 — Leases, net 2,197 117,304 119,501 2,131 121,632 3.56 % Total $ 5,936 $ 1,848,749 $ 1,854,685 $ 33,763 $ 1,888,448 2.10 % (1) Includes $13.7 million of loans at fair value of which $12.9 million are current, $0 are 30-89 days past due and $786 thousand are nonaccrual.
Schedule of financing receivables, nonaccrual	The following tables presents the amortized costs basis of loans and leases on nonaccrual status and loans 90 days or more past due and still accruing, net of fees and costs as of September 30, 2024 and December 31, 2023. As of this date here were no loans 90 days or more past due and still accruing. September 30, 2024 December 31, 2023 (dollars in thousands) Nonaccrual without ACL Nonaccrual with ACL Total nonaccrual Nonaccrual without ACL Nonaccrual with ACL Total nonaccrual Commercial mortgage $ 851 $ — $ 851 $ — $ — $ — Home equity lines and loans 1,213 — 1,213 1,037 — 1,037 Residential mortgage 8,813 129 8,942 4,536 — 4,536 Construction 3,305 — 3,305 1,206 — 1,206 Commercial and industrial (1) 179 14,963 15,142 3,343 12,070 15,413 Small business loans 6,327 7,475 13,802 3,607 5,833 9,440 Leases, net 1,888 — 1,888 2,131 — 2,131 Total $ 22,576 $ 22,567 $ 45,143 $ 15,860 $ 17,903 $ 33,763
Schedule of non-accruing collateral dependent loans by class or loans	The following tables presents the amortized cost basis of non-accruing collateral-dependent loans by class or loans as of September 30, 2024 and December 31, 2023 under the current expected credit loss model: September 30, 2024 December 31, 2023 (dollars in thousands) Real estate Equipment and other Total Real estate Equipment and other Total Commercial mortgage $ 851 $ — $ 851 $ — $ — $ — Home equity lines and loans 1,213 — 1,213 1,037 — 1,037 Residential mortgage 8,942 — 8,942 4,536 — 4,536 Construction 3,305 — 3,305 1,206 — 1,206 Commercial and industrial 1,344 13,798 15,142 1,890 13,523 15,413 Small business loans 10,950 2,852 13,802 6,320 3,120 9,440 Leases, net — 1,888 1,888 — 2,131 2,131 Total $ 26,605 $ 18,538 $ 45,143 $ 14,989 $ 18,774 $ 33,763

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2024
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]
Schedule of allocation of the allowance for loan and lease losses	The following tables provide the activity of our allowance for credit losses for the three and nine months ended September 30, 2024 and September 30, 2023 under the CECL model in accordance with ASC 326 (as adopted on January 1, 2023): Three Months Ended September 30, 2024 (dollars in thousands) Beginning balance Initial PCD on purchased loan Charge-offs Recoveries Provision (recovery of provision) for credit losses Ending balance Commercial mortgage $ 3,676 $ — $ — $ — $ (33) $ 3,643 Home equity lines and loans 1,114 — — 1 (10) 1,105 Residential mortgage 1,059 — — — (78) 981 Construction 591 — — — (12) 579 Commercial and industrial (1) 4,811 574 (107) — 601 5,879 Small business loans 7,498 — (1,104) 41 732 7,167 Consumer — — (2) 1 1 — Leases, net 2,954 — (1,227) 109 775 2,611 Total $ 21,703 $ 574 $ (2,440) $ 152 $ 1,976 $ 21,965 (1) - Meridian repurchased, at a discount of $574 thousand, the remaining balance of a commercial loan participation to another bank. The discount was recorded as a PCD loan in the ACL rollforward as presented above. Nine Months Ended September 30, 2024 (dollars in thousands) Beginning balance Initial PCD on purchased loan Charge-offs Recoveries Provision (recovery of provision) for credit losses Ending balance Commercial mortgage $ 4,375 $ — $ — $ — $ (732) $ 3,643 Home equity lines and loans 998 — (86) 29 164 1,105 Residential mortgage 1,020 — — — (39) 981 Construction 485 — — — 94 579 Commercial and industrial 4,518 574 (1,935) 2 2,720 5,879 Small business loans 7,005 — (2,583) 108 2,637 7,167 Consumer — — (3) 3 — — Leases, net 3,706 — (4,629) 382 3,152 2,611 Total $ 22,107 $ 574 $ (9,236) $ 524 $ 7,996 $ 21,965 Three Months Ended September 30, 2023 (dollars in thousands) Beginning Balance Charge-offs Recoveries Provision (recovery of provision) for credit losses Ending balance Commercial mortgage $ 3,249 $ — $ — $ 916 $ 4,165 Home equity lines and loans 790 — 2 153 945 Residential mortgage 1,047 — — 157 1,204 Construction 1,294 — — (453) 841 Commercial and industrial 2,241 (130) 1 267 2,379 Small business loans 6,869 (272) 1 (511) 6,086 Consumer — (1) 1 — — Leases, net 4,753 (606) 90 (174) 4,063 Total $ 20,242 $ (1,009) $ 95 $ 355 $ 19,683 Nine Months Ended September 30, 2023 (dollars in thousands) Beginning Balance Adjustment to initially apply ASU No. 2016-13 for CECL Charge-offs Recoveries Provision (Reversal) Ending balance Commercial mortgage $ 4,095 $ (526) $ — $ — $ 596 $ 4,165 Home equity lines and loans 188 439 (87) 5 400 945 Residential mortgage 948 17 — — 239 1,204 Construction 3,075 (1,763) — — (471) 841 Commercial and industrial 4,012 (1,023) (130) 57 (537) 2,379 Small business loans 4,909 1,110 (598) 1 664 6,086 Consumer 3 (3) (1) 3 (2) — Leases, net 1,598 3,345 (2,845) 242 1,723 4,063 Total $ 18,828 $ 1,596 $ (3,661) $ 308 $ 2,612 $ 19,683
Reconciliation of provision for credit losses	The following table provides a reconciliation of the provision for credit losses on the consolidated statements of income between the funded and unfunded components at the dates indicated: Three Months Ended Nine Months Ended (dollars in thousands) 2024 2023 2024 2023 Provision for credit losses - funded loans $ 1,976 $ 355 $ 7,996 $ 2,612 Provision (recovery) for credit losses - unfunded loans 306 (273) (168) (426) Total provision for credit losses $ 2,282 $ 82 $ 7,828 $ 2,186
Allowance allocated by portfolio segment	The following tables detail the allocation of the ACL and the carrying value for loans and leases by portfolio segment based on the methodology used to evaluate the loans and leases at the dates indicated: September 30, 2024 Allowance for credit losses Carrying value of loans and leases (dollars in thousands) Individually evaluated Collectively evaluated Total Individually evaluated Collectively evaluated Total Commercial mortgage $ — $ 3,643 $ 3,643 $ 851 $ 800,087 $ 800,938 Home equity lines and loans — 1,105 1,105 1,213 85,754 86,967 Residential mortgage 9 972 981 8,581 235,058 243,639 Construction — 579 579 3,305 247,247 250,552 Commercial and industrial 3,903 1,976 5,879 15,142 348,712 363,854 Small business loans 2,847 4,320 7,167 13,802 142,697 156,499 Consumer — — — — 342 342 Leases, net — 2,611 2,611 1,888 84,816 86,704 Total (1) $ 6,759 $ 15,206 $ 21,965 $ 44,782 $ 1,944,713 $ 1,989,495 ( 1) Excludes deferred fees and loans carried at fair value. December 31, 2023 Allowance for credit losses Carrying value of loans and leases (dollars in thousands) Individually evaluated Collectively evaluated Total Individually evaluated Collectively evaluated Total Commercial mortgage $ — $ 4,375 $ 4,375 $ — $ 737,863 $ 737,863 Home equity lines and loans — 998 998 1,037 75,250 76,287 Residential mortgage — 1,020 1,020 3,750 243,128 246,878 Construction — 485 485 1,206 245,234 246,440 Commercial and industrial 3,691 827 4,518 15,413 287,478 302,891 Small business loans 2,805 4,200 7,005 9,440 132,902 142,342 Consumer — — — — 389 389 Leases, net — 3,706 3,706 2,131 119,501 121,632 Total (1) $ 6,496 $ 15,611 $ 22,107 $ 32,977 $ 1,841,745 $ 1,874,722 ( 1) Excludes deferred fees and loans carried at fair value.
Schedule of carrying value of loans and leases by portfolio segment based on year of origination and the credit quality indicators	The following tables detail the carrying value of loans and leases by portfolio segment based on year of origination and the credit quality indicators used to determine the allowance for credit losses at the dates indicated: September 30, 2024 Revolving Loans Converted to Term Loans Revolving Loans Total Term Loans (dollars in thousands) 2024 2023 2022 2021 2020 Prior Commercial mortgage Pass/Watch $ 92,898 $ 100,002 $ 159,003 $ 143,288 $ 97,750 $ 179,056 $ 511 $ 191 $ 772,699 Special Mention — — 11,355 — 4,354 7,960 667 — 24,336 Substandard — 200 — — 437 3,266 — — 3,903 Total $ 92,898 $ 100,202 $ 170,358 $ 143,288 $ 102,541 $ 190,282 $ 1,178 $ 191 $ 800,938 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction Pass/Watch $ 51,252 $ 67,740 $ 46,861 $ 13,892 $ 17,097 $ 8,611 $ 123 $ 34,226 $ 239,802 Special Mention 89 1,185 319 — — — — — 1,593 Substandard — — 959 1,419 631 2,608 — 3,540 9,157 Total $ 51,341 $ 68,925 $ 48,139 $ 15,311 $ 17,728 $ 11,219 $ 123 $ 37,766 $ 250,552 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial and industrial Pass/Watch $ 69,935 $ 25,251 $ 20,941 $ 20,751 $ 8,977 $ 23,484 $ — $ 155,987 $ 325,326 Special Mention — 850 2,641 — — 1,045 — 5,549 10,085 Substandard — — 3,869 2,331 — 10,116 — 12,127 28,443 Total $ 69,935 $ 26,101 $ 27,451 $ 23,082 $ 8,977 $ 34,645 $ — $ 173,663 $ 363,854 Year-to-date gross charge-offs $ — $ (607) $ — $ — $ — $ (1,324) $ — $ (4) $ (1,935) Small business loans Pass/Watch $ 28,917 $ 27,159 $ 25,859 $ 28,458 $ 9,709 $ 6,539 $ — $ 13,564 $ 140,205 Special Mention — — — — — — — — — Substandard — 1,301 1,441 7,957 3,657 — — 1,938 16,294 Total $ 28,917 $ 28,460 $ 27,300 $ 36,415 $ 13,366 $ 6,539 $ — $ 15,502 $ 156,499 Year-to-date gross charge-offs $ — $ (118) $ (1,551) $ (140) $ (182) $ — $ — $ (592) $ (2,583) Total by risk rating Pass/Watch $ 243,002 $ 220,152 $ 252,664 $ 206,389 $ 133,533 $ 217,690 $ 634 $ 203,968 $ 1,478,032 Special Mention 89 2,035 14,315 — 4,354 9,005 667 5,549 36,014 Substandard — 1,501 6,269 11,707 4,725 15,990 — 17,605 57,797 Total $ 243,091 $ 223,688 $ 273,248 $ 218,096 $ 142,612 $ 242,685 $ 1,301 $ 227,122 $ 1,571,843 Total year-to-date gross charge-offs $ — $ (725) $ (1,551) $ (140) $ (182) $ (1,324) $ — $ (596) $ (4,518) December 31, 2023 Revolving Loans Converted to Term Loans Revolving Loans Total Term Loans (dollars in thousands) 2023 2022 2021 2020 2019 Prior Commercial mortgage Pass/Watch $ 106,341 $ 160,302 $ 158,647 $ 97,535 $ 56,382 $ 133,349 $ 511 $ 423 $ 713,490 Special Mention — — — 4,425 4,341 9,975 667 — 19,408 Substandard 200 — 571 — 1,635 2,233 — 326 4,965 Total $ 106,541 $ 160,302 $ 159,218 $ 101,960 $ 62,358 $ 145,557 $ 1,178 $ 749 $ 737,863 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction Pass/Watch $ 67,776 $ 88,737 $ 21,793 $ 27,336 $ 2,307 $ 2,093 $ 123 $ 25,976 $ 236,141 Special Mention — — 1,329 — 511 4,329 — 2,924 9,093 Substandard — — — — — 1,206 — — 1,206 Total $ 67,776 $ 88,737 $ 23,122 $ 27,336 $ 2,818 $ 7,628 $ 123 $ 28,900 $ 246,440 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial and industrial Pass/Watch $ 26,314 $ 38,748 $ 24,523 $ 8,449 $ 4,148 $ 33,726 $ — $ 131,304 $ 267,212 Special Mention 500 9 — — — 1,361 — 6,440 8,310 Substandard — — 2,906 — 300 9,469 — 14,694 27,369 Total $ 26,814 $ 38,757 $ 27,429 $ 8,449 $ 4,448 $ 44,556 $ — $ 152,438 $ 302,891 Year-to-date gross charge-offs $ (209) $ (55) $ — $ (2) $ — $ — $ — $ — $ (266) Small business loans Pass/Watch $ 35,764 $ 26,621 $ 37,278 $ 11,687 $ 6,672 $ 920 $ — $ 12,507 $ 131,449 Special Mention — — — 909 — — — 314 1,223 Substandard 49 1,523 5,090 2,122 — — — 886 9,670 Total $ 35,813 $ 28,144 $ 42,368 $ 14,718 $ 6,672 $ 920 $ — $ 13,707 $ 142,342 Year-to-date gross charge-offs $ — $ — $ — $ (11) $ (912) $ — $ — $ (565) $ (1,488) Total by risk rating Pass/Watch $ 236,195 $ 314,408 $ 242,241 $ 145,007 $ 69,509 $ 170,088 $ 634 $ 170,210 $ 1,348,292 Special Mention 500 9 1,329 5,334 4,852 15,665 667 9,678 38,034 Substandard 249 1,523 8,567 2,122 1,935 12,908 — 15,906 43,210 Total $ 236,944 $ 315,940 $ 252,137 $ 152,463 $ 76,296 $ 198,661 $ 1,301 $ 195,794 $ 1,429,536 Total year-to-date gross charge-offs $ (209) $ (55) $ — $ (13) $ (912) $ — $ — $ (565) $ (1,754) The Corporation had no loans with a risk rating of Doubtful included within recorded investment in loans and leases held for investment at September 30, 2024 and December 31, 2023. 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 year of origination and performance status at the dates indicated: September 30, 2024 Revolving Loans Total Term Loans (dollars in thousands) 2024 2023 2022 2021 2020 Prior Home equity lines and loans Performing $ 564 $ 335 $ 771 $ 212 $ 335 $ 3,417 $ 79,640 $ 85,274 Nonperforming — 91 342 1,260 1,693 Total $ 564 $ 335 $ 771 $ 303 $ 335 $ 3,759 $ 80,900 $ 86,967 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ (86) $ (86) Residential mortgage (1) Performing $ 12,624 $ 47,201 $ 143,220 $ 17,481 $ 6,150 $ 8,382 $ — $ 235,058 Nonperforming 129 247 2,607 763 1,069 3,766 — 8,581 Total $ 12,753 $ 47,448 $ 145,827 $ 18,244 $ 7,219 $ 12,148 $ — $ 243,639 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer Performing $ — $ 38 $ 25 $ — $ — $ 246 $ 33 $ 342 Nonperforming — — — — — — — — Total $ — $ 38 $ 25 $ — $ — $ 246 $ 33 $ 342 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ (3) $ (3) Leases, net Performing $ 305 $ 17,524 $ 40,852 $ 20,496 $ 5,605 $ — $ — $ 84,782 Nonperforming — 232 1,158 383 149 — — 1,922 Total $ 305 $ 17,756 $ 42,010 $ 20,879 $ 5,754 $ — $ — $ 86,704 Year-to-date gross charge-offs $ — $ (713) $ (2,865) $ (842) $ (209) $ — $ — $ (4,629) Total by Payment Performance Performing $ 13,493 $ 65,098 $ 184,868 $ 38,189 $ 12,090 $ 12,045 $ 79,673 $ 405,456 Nonperforming 129 479 3,765 1,237 1,218 4,108 1,260 12,196 Total $ 13,622 $ 65,577 $ 188,633 $ 39,426 $ 13,308 $ 16,153 $ 80,933 $ 417,652 Total year-to-date gross charge-offs $ — $ (713) $ (2,865) $ (842) $ (209) $ — $ (89) $ (4,718) (1) Excludes $14.0 million of loans at fair value. December 31, 2023 Revolving Loans Total Term Loans (dollars in thousands) 2023 2022 2021 2020 2019 Prior Home equity lines and loans Performing $ 343 $ 795 $ 314 $ 352 $ 2,191 $ 2,295 $ 68,600 $ 74,890 Nonperforming — — — — — — 1,397 1,397 Total $ 343 $ 795 $ 314 $ 352 $ 2,191 $ 2,295 $ 69,997 $ 76,287 Year-to-date gross charge-offs $ — $ — $ — $ — $ (33) $ — $ (54) $ (87) Residential mortgage (1) Performing $ 48,576 $ 154,219 $ 22,237 $ 6,260 $ 456 $ 11,380 $ — $ 243,128 Nonperforming — 1,350 — 1,043 — 1,357 — 3,750 Total $ 48,576 $ 155,569 $ 22,237 $ 7,303 $ 456 $ 12,737 $ — $ 246,878 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer Performing $ 39 $ 35 $ — $ — $ 32 $ 234 $ 49 $ 389 Nonperforming — — — — — — — — Total $ 39 $ 35 $ — $ — $ 32 $ 234 $ 49 $ 389 Year-to-date gross charge-offs $ — $ — $ — $ — $ — $ — $ (2) $ (2) Leases, net Performing $ 23,054 $ 55,940 $ 30,876 $ 9,718 $ — $ — $ — $ 119,588 Nonperforming 263 1,194 368 219 — — — 2,044 Total $ 23,317 $ 57,134 $ 31,244 $ 9,937 $ — $ — $ — $ 121,632 Year-to-date gross charge-offs $ (128) $ (2,165) $ (1,450) $ (290) $ — $ — $ — $ (4,033) Total by Payment Performance Performing $ 72,012 $ 210,989 $ 53,427 $ 16,330 $ 2,679 $ 13,909 $ 68,649 $ 437,995 Nonperforming 263 2,544 368 1,262 — 1,357 1,397 7,191 Total $ 72,275 $ 213,533 $ 53,795 $ 17,592 $ 2,679 $ 15,266 $ 70,046 $ 445,186 Total year-to-date gross charge-offs $ (128) $ (2,165) $ (1,450) $ (290) $ (33) $ — $ (56) $ (4,122) (1) Excludes $13.7 million of fair value loans.
Financing receivable, modified	The following presents, by class of loans, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three and nine months ended September 30, 2024 and 2023. Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Number of Loans Amortized Cost Basis % of Total Class of Financing Receivable Related Reserve Number of Loans Amortized Cost Basis % of Total Class of Financing Receivable Related Reserve (dollars in thousands) Accruing Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 2 $ 557 0.4 % $ — 3 $ 1,517 1.1 % $ — Construction 1 319 0.1 % — — — — % — Total 3 $ 876 $ — 3 $ 1,517 $ — Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans — $ — — % $ — 2 $ 306 0.2 % $ 77 Total — $ — $ — 2 $ 306 $ 77 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Number of Loans Amortized Cost Basis % of Total Class of Financing Receivable Related Reserve Number of Loans Amortized Cost Basis % of Total Class of Financing Receivable Related Reserve (dollars in thousands) Accruing Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 5 $ 1,245 0.8 % $ — 3 $ 1,517 1.1 % $ — Construction 1 319 0.1 % — — — — % — Commercial & industrial 5 2,737 0.8 % — 1 2,407 0.8 % — Total 11 $ 4,301 $ — 4 $ 3,924 $ — Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 4 $ 2,701 1.7 % $ 942 2 $ 306 0.2 % $ 77 Commercial & industrial 4 2,276 0.6 % — 1 1,406 0.5 % 422 Total 8 $ 4,977 $ 942 3 3 $ 1,712 $ 499 The following presents, by class of loans, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three and nine months ended September 30, 2024 and 2023. Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Number of Loans Financial Effect Number of Loans Financial Effect (dollars in thousands) Accruing Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 2 Extend maturity date 3 Extend maturity date Construction 1 Extend maturity date Total 3 3 Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans — Extend maturity date and allow additional lender funding 2 Extend term and allow additional lender funding Total — 2 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Number of Loans Financial Effect Number of Loans Financial Effect (dollars in thousands) Accruing Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 5 Extend maturity date 3 Extend maturity date Construction 1 Extend maturity date — Commercial & industrial 5 Extend maturity date and allow additional lender funding 1 Extend maturity date Total 11 4 Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty: Small business loans 4 Extend maturity date 2 Extend term and allow additional lender funding Commercial & industrial 4 Extend maturity date and allow additional lender funding 1 Extend term and allow additional lender funding Total 8 3

Short-Term Borrowings and Long-

Short-Term Borrowings and Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of short term borrowings	The following table presents short-term borrowings at the dates indicated: (dollars in thousands) Maturity Interest September 30, December 31, FHLB Open Repo Plus Weekly 06/16/2025 5.18% $ 75,204 $ 104,792 FRB BTFP Advances 03/29/2024 4.76% — 33,000 ACBB Holding Company Revolving LOC 6/25/2025 8.25% 1,500 — FHLB Mid-term Repo Fixed 9/30/2024 4.60% — 3,432 FHLB Mid-term Repo Fixed 10/25/2024 5.03% 8,097 — FHLB Mid-term Repo Fixed 1/27/2025 4.85% 8,000 — FHLB Mid-term Repo Fixed 2/24/2025 5.35% 7,813 — Total Short-Term Borrowings $ 100,614 $ 141,224
Schedule of long term debt	The following table presents long-term borrowings at the dates indicated: (dollars in thousands) Maturity Interest September 30, December 31, FHLB Mid-term Repo Fixed 12/22/2025 4.23% $ 8,935 $ 8,935 FHLB Mid-term Repo Fixed 5/20/2027 4.70% 10,594 — FHLB Mid-term Repo Fixed 10/14/2025 5.16% 9,492 9,492 FHLB Mid-term Repo Fixed 7/14/2026 4.57% 15,245 15,245 Total Long-Term Borrowings $ 44,266 $ 33,672

Servicing Assets (Tables)

Servicing Assets (Tables)	9 Months Ended
	Sep. 30, 2024
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 Nine months ended (dollars in thousands) 2024 2023 2024 2023 Balance at beginning of the period $ 8,026 $ 9,238 $ 8,621 $ 9,942 Servicing rights capitalized 48 9 80 9 Amortization of servicing rights (292) (319) (919) (1,025) Change in valuation allowance - recovery — — — 2 Balance at end of the period $ 7,782 $ 8,928 $ 7,782 $ 8,928
Schedule of sensitivity of fair value of servicing assets	The sensitivity of the current fair value of the residential mortgage servicing rights to immediate 10% and 20% adverse changes in key economic assumptions are included in the following table. (dollars in thousands) September 30, December 31, Fair value of residential mortgage servicing rights $ 10,315 $ 11,221 Weighted average life (months) 43 28 Prepayment speed 11.68 % 8.57 % Impact on fair value: 10% adverse change $ (446) $ (506) 20% adverse change (859) (973) Discount rate 9.50 % 9.50 % Impact on fair value: 10% adverse change $ (1,009) $ (415) 20% adverse change (1,369) (799)
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 Nine months ended (dollars in thousands) 2024 2023 2024 2023 Balance at beginning of the period $ 3,315 $ 2,955 $ 3,127 $ 2,404 Servicing rights capitalized 208 373 661 1,099 Amortization of servicing rights (325) (243) (785) (690) Change in valuation allowance (7) (178) 188 94 Balance at end of the period $ 3,191 $ 2,907 $ 3,191 $ 2,907
Schedule of sensitivity of fair value of servicing assets	The sensitivity of the current fair value of the SBA loan servicing rights to immediate 10% and 20% adverse changes in key economic assumptions are included in the following table. (dollars in thousands) September 30, December 31, Fair value of SBA loan servicing rights $ 3,575 $ 3,376 Weighted average life (years) 3.2 3.5 Prepayment speed 16.94 % 14.70 % Impact on fair value: 10% adverse change $ (159) $ (125) 20% adverse change (305) (241) Discount rate 13.04 % 14.66 % Impact on fair value: 10% adverse change $ (79) $ (74) 20% adverse change (156) (145)
Schedule of valuation allowance for servicing assets	Activity in the valuation allowance for SBA loan servicing assets was as follows: Three months ended Nine months ended (dollars in thousands) 2024 2023 2024 2023 Valuation allowance, beginning of period $ (73) $ (92) $ (268) $ (364) Impairment (7) (178) (7) (178) Recovery — — 195 272 Valuation allowance, end of period $ (80) $ (270) $ (80) $ (270)

Fair Value Measurements and D_2

Fair Value Measurements and Disclosures (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of financial assets measured at fair value on a recurring basis	The following table presents the fair value of financial assets measured at fair value on a recurring basis by level within the fair value hierarchy at the dates indicated : September 30, 2024 (dollars in thousands) Total Level 1 Level 2 Level 3 Assets Securities available for sale: U.S. asset backed securities $ 30,871 $ — $ 30,871 $ — U.S. government agency MBS 21,972 — 21,972 — U.S. government agency CMO 34,564 — 34,564 — State and municipal securities 37,520 — 37,520 — U.S. Treasuries 19,202 19,202 — — Non-U.S. government agency CMO 12,596 — 12,596 Corporate bonds 14,843 — 14,843 — Equity investments 2,166 — 2,166 — Mortgage loans held for sale 46,602 — 46,602 — Mortgage loans held for investment 13,965 — 13,965 — Interest rate lock commitments 419 — — 419 Forward commitments 15 — 15 — Customer derivatives - interest rate swaps 2,775 — 2,775 — Fair Value Hedge 7 — 7 — Total $ 237,517 $ 19,202 $ 217,896 $ 419 September 30, 2024 (dollars in thousands) Total Level 1 Level 2 Level 3 Liabilities Interest rate lock commitments $ 50 $ — $ — $ 50 Forward commitments 9 — 9 — Customer derivatives - interest rate swaps 2,796 — 2,796 — Risk Participation Agreements 78 — 78 — Interest rate swaps 885 — 885 — Total $ 3,818 $ — $ 3,768 $ 50 December 31, 2023 (dollars in thousands) Total Level 1 Level 2 Level 3 Assets Securities available for sale: U.S. asset backed securities $ 16,824 $ — $ 16,824 $ — U.S. government agency MBS 22,634 — 22,634 — U.S. government agency CMO 19,573 — 19,573 — State and municipal securities 36,216 — 36,216 — U.S. Treasuries 30,422 30,422 — — Non-U.S. government agency CMO 13,155 — 13,155 — Corporate bonds 7,195 — 7,195 — Equity investments 2,121 — 2,121 — Mortgage loans held for sale 24,816 — 24,816 — Mortgage loans held for investment 13,726 — 13,726 — Interest rate lock commitments 214 — — 214 Customer derivatives - interest rate swaps 3,528 — 3,528 — Total $ 190,424 $ 30,422 $ 159,788 $ 214 Liabilities Interest rate lock commitments $ 17 $ — $ — $ 17 Forward commitments 41 — 41 — Customer derivatives - interest rate swaps 3,544 — 3,544 — Risk Participation Agreements 11 — 11 — Total $ 3,613 $ — $ 3,596 $ 17
Schedule of financial assets measured at fair value on non-recurring basis	The following table presents assets measured at fair value on a nonrecurring basis at the dates indicated: (dollars in thousands) September 30, December 31, Mortgage servicing rights $ 7,782 $ 8,621 SBA loan servicing rights 3,191 3,127 Individually evaluated loans (1) Commercial and industrial 11,059 9,818 Small business loans 4,743 3,134 Total $ 26,775 $ 24,700
Schedule of measurement inputs	The following table details the valuation techniques for Level 3 individually evaluated loans. (dollars in thousands) Fair Value Valuation Technique Significant Unobservable Input Range of Inputs September 30, 2024 $ 15,802 Appraisal of collateral Management adjustments on appraisals for property type and recent activity 2%-33% discount December 31, 2023 12,952 Appraisal of collateral Management adjustments on appraisals for property type and recent activity 2%-33% discount The following table details the valuation techniques for Level 3 interest rate lock commitments. (dollars in thousands) Fair Value Valuation Technique Significant Unobservable Input Range of Inputs Weighted Average September 30, 2024 $ 419 Market comparable pricing Pull through 1 - 99% 83.07% December 31, 2023 214 Market comparable pricing Pull through 1 - 99% 79.48
Schedule of estimated fair values of financial instruments	The following table presents the estimated fair values of the Corporation’s financial instruments at the dates indicated: Fair Value September 30, 2024 December 31, 2023 (dollars in thousands) Carrying Fair value Carrying Fair value Financial assets: Cash and cash equivalents Level 1 $ 32,347 $ 32,347 $ 56,697 $ 56,697 Mortgage loans held for sale Level 2 46,602 46,602 24,816 24,816 Loans receivable, net of the allowance for credit losses Level 3 1,994,431 1,949,333 1,882,080 1,832,558 Mortgage loans held for investment Level 2 13,965 13,965 13,726 13,726 Financial liabilities: Deposits Level 2 $ 1,978,927 $ 2,019,200 $ 1,823,462 $ 1,834,700 Borrowings Level 2 144,880 158,600 174,896 176,400 Subordinated debentures Level 2 49,928 49,831 49,836 50,223
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 periods indicated. Three months ended Nine months ended (dollars in thousands) 2024 2023 2024 2023 Balance at beginning of the period $ 451 $ 261 $ 214 $ 87 Increase in value (32) (32) 205 142 Balance at end of the period $ 419 $ 229 $ 419 $ 229

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2024
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 notional amounts and fair values of derivative financial instruments at the dates indicated: September 30, 2024 December 31, 2023 (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 $ 64,979 $ 419 $ 33,735 $ 214 Negative fair values Other liabilities 8,976 (50) 5,399 (17) Total $ 73,955 $ 369 $ 39,134 $ 197 Forward Commitments Positive fair values Other assets $ 6,750 $ 15 $ — $ — Negative fair values Other liabilities 4,250 (9) 4,250 (41) Total $ 11,000 $ 6 $ 4,250 $ (41) Customer Derivatives - Interest Rate Swaps Positive fair values Other assets $ 49,143 $ 2,775 $ 50,593 $ 3,528 Negative fair values Other liabilities 49,143 (2,796) 50,593 (3,544) Total $ 98,286 $ (21) $ 101,186 $ (16) Customer Derivatives - Risk Participation Agreements Positive fair values Other assets $ — $ — $ — $ — Negative fair values Other liabilities 7,413 (78) 7,082 (11) Total $ 7,413 $ (78) $ 7,082 $ (11) Fair Value Hedge Positive fair values Other assets $ 40,000 $ 7 $ — $ — Negative fair values Other liabilities — — — — Total $ 40,000 $ 7 $ — $ — Interest Rate Swaps Positive fair values Other assets $ — $ — $ — $ — Negative fair values Other liabilities 75,000 (885) 75,000 (539) Total $ 75,000 $ (885) $ 75,000 $ (539) Total derivative financial instruments $ 305,654 $ (602) $ 226,652 $ (410)
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 Nine months ended (dollars in thousands) 2024 2023 2024 2023 Interest Rate Lock Commitments $ (30) $ 29 $ 172 $ 138 Forward Commitments 4 37 47 50 Customer Derivatives - Interest Rate Swaps (30) 33 (5) 19 Customer Derivatives - Risk Participation Agreements (46) 6 (38) 11 Fair Value Hedge 7 — 7 — Interest Rate Swaps (1,498) 588 (346) 1,023 Net fair value gains (losses) on derivative financial instruments $ (1,593) $ 693 $ (162) $ 1,241

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of business segment financial information	The table below summarizes income and expenses, directly attributable to each business line, which have been included in the statement of operations. Total assets for each segment is also provided. Segment Information Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 (Dollars in thousands) Bank Wealth Mortgage Total Bank Wealth Mortgage Total Net interest income $ 18,151 $ 46 $ 45 $ 18,242 $ 17,205 $ (15) $ 34 $ 17,224 Provision for credit losses 2,282 — — 2,282 82 — — 82 Net interest income after provision 15,869 46 45 15,960 17,123 (15) 34 17,142 Non-interest Income Mortgage banking income (7) — 6,481 6,474 80 — 4,739 4,819 Wealth management income — 1,447 — 1,447 — 1,258 — 1,258 SBA loan income 544 — — 544 982 — — 982 Net change in fair values (76) — 1,108 1,032 38 — (394) (356) Net loss on hedging activity — — (197) (197) — — 82 82 Other 897 — 634 1,531 658 — 643 1,301 Non-interest income 1,358 1,447 8,026 10,831 1,758 1,258 5,070 8,086 Non-interest expense 13,287 840 6,419 20,546 12,564 826 6,628 20,018 Income (loss) before income taxes $ 3,940 $ 653 $ 1,652 $ 6,245 $ 6,317 $ 417 $ (1,524) $ 5,210 Total Assets $ 2,319,072 $ 10,543 $ 58,106 $ 2,387,721 $ 2,177,145 $ 8,833 $ 44,993 $ 2,230,971 Segment Information Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 (Dollars in thousands) Bank Wealth Mortgage Total Bank Wealth Mortgage Total Net interest income $ 51,528 $ 76 $ 93 $ 51,697 $ 51,928 $ (12) $ 85 $ 52,001 Provision for credit losses 7,828 — — 7,828 2,186 — — 2,186 Net interest income after provision 43,700 76 93 43,869 49,742 (12) 85 49,815 Non-interest Income Mortgage banking income 147 — 15,381 15,528 221 — 12,922 13,143 Wealth management income 1 4,207 — 4,208 — 3,689 — 3,689 SBA loan income 2,315 — — 2,315 3,463 — — 3,463 Net change in fair values (42) — 1,122 1,080 30 — (574) (544) Net loss on hedging activity — — (279) (279) — — 81 81 Other 2,487 — 2,720 5,207 1,982 — 2,034 4,016 Non-interest income 4,908 4,207 18,944 28,059 5,696 3,689 14,463 23,848 Non-interest expense 37,962 2,479 17,297 57,738 35,608 2,704 19,110 57,422 Income (loss) before income taxes $ 10,646 $ 1,804 $ 1,740 $ 14,190 $ 19,830 $ 973 $ (4,562) $ 16,241 Total Assets $ 2,319,072 $ 10,543 $ 58,106 $ 2,387,721 $ 2,177,145 $ 8,833 $ 44,993 $ 2,230,971

Earnings per Common Share (Deta

Earnings per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Numerator for earnings per share:
Net income available to common stockholders	$ 4,743	$ 4,005	$ 10,745	$ 12,673
Denominators for earnings per share:
Weighted average shares outstanding (in shares)	11,254	11,228	11,249	11,307
Average unearned ESOP shares (in shares)	(144)	(170)	(151)	(178)
Basic weighted averages shares outstanding (in shares)	11,110	11,058	11,098	11,129
Dilutive effects of assumed exercises of stock options (in shares)	124	119	100	149
Dilutive effects of SERP shares (in shares)	0	186	0	171
Diluted weighted averages shares outstanding (in shares)	11,234	11,363	11,198	11,449
Basic earnings per share (in USD per share)	$ 0.43	$ 0.36	$ 0.97	$ 1.14
Diluted earnings per share (in USD per share)	$ 0.42	$ 0.35	$ 0.96	$ 1.11
Antidilutive shares excluded from computation of average dilutive earnings per share (in shares)	489	490	586	490

Securities - Amortized Cost and

Securities - Amortized Cost and Fair Value (Details) $ in Thousands	Sep. 30, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Securities available-for-sale:
Amortized cost	$ 179,008	$ 156,492
Gross unrealized gains	740	491
Gross unrealized losses	(8,180)	(10,964)
Allowance for credit losses	0	0
Fair value	$ 171,568	$ 146,019
# of Securities in unrealized loss position | security	129	133
Securities held to maturity:
Amortized cost	$ 33,833	$ 35,781
Gross unrecognized gains	39	52
Gross unrecognized losses	(2,549)	(3,103)
Allowance for credit losses	0	0
Securities, held-to-maturity, fair value	$ 31,323	$ 32,730
# of Securities in unrealized loss position | security	19	21
U.S. asset backed securities
Securities available-for-sale:
Amortized cost	$ 31,001	$ 17,012
Gross unrealized gains	60	25
Gross unrealized losses	(190)	(213)
Allowance for credit losses	0	0
Fair value	$ 30,871	$ 16,824
# of Securities in unrealized loss position | security	14	11
U.S. government agency MBS
Securities available-for-sale:
Amortized cost	$ 22,075	$ 22,750
Gross unrealized gains	222	364
Gross unrealized losses	(325)	(480)
Allowance for credit losses	0	0
Fair value	$ 21,972	$ 22,634
# of Securities in unrealized loss position | security	12	14
U.S. government agency CMO
Securities available-for-sale:
Amortized cost	$ 36,111	$ 21,850
Gross unrealized gains	121	0
Gross unrealized losses	(1,668)	(2,277)
Allowance for credit losses	0	0
Fair value	$ 34,564	$ 19,573
# of Securities in unrealized loss position | security	30	30
State and municipal securities
Securities available-for-sale:
Amortized cost	$ 41,040	$ 40,093
Gross unrealized gains	41	0
Gross unrealized losses	(3,561)	(3,877)
Allowance for credit losses	0	0
Fair value	$ 37,520	$ 36,216
# of Securities in unrealized loss position | security	31	31
Securities held to maturity:
Amortized cost	$ 33,833	$ 35,781
Gross unrecognized gains	39	52
Gross unrecognized losses	(2,549)	(3,103)
Allowance for credit losses	0	0
Securities, held-to-maturity, fair value	$ 31,323	$ 32,730
# of Securities in unrealized loss position | security	19	21
U.S. Treasuries
Securities available-for-sale:
Amortized cost	$ 20,542	$ 32,982
Gross unrealized gains	0	0
Gross unrealized losses	(1,340)	(2,560)
Allowance for credit losses	0	0
Fair value	$ 19,202	$ 30,422
# of Securities in unrealized loss position | security	17	25
Non-U.S. government agency CMO
Securities available-for-sale:
Amortized cost	$ 12,876	$ 13,605
Gross unrealized gains	41	102
Gross unrealized losses	(321)	(552)
Allowance for credit losses	0	0
Fair value	$ 12,596	$ 13,155
# of Securities in unrealized loss position | security	10	9
Corporate bonds
Securities available-for-sale:
Amortized cost	$ 15,363	$ 8,200
Gross unrealized gains	255	0
Gross unrealized losses	(775)	(1,005)
Allowance for credit losses	0	0
Fair value	$ 14,843	$ 7,195
# of Securities in unrealized loss position | security	15	13

Securities - Additional Informa

Securities - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) security	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Securities
Number of securities deemed other-than-temporarily impaired | security			0
Proceeds from the sale of available for sale investments	$ 16,000	$ 155	$ 16,004	$ 13,514
Loss on sale of investment securities	57	$ 3	57	$ 58
Fair value	171,568		171,568		$ 146,019
Asset Pledged as Collateral
Securities
Fair value	$ 51,600		$ 51,600		$ 60,100

Securities - Continuous Unreali

Securities - Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Securities available-for-sale:
Less than 12 Months, Fair Value	$ 28,266	$ 14,566
12 Months or More, Fair Value	98,957	110,242
Total Fair Value	127,223	124,808
Less than 12 Months, Unrealized Losses	(193)	(193)
12 Months or More, Unrealized Losses	(7,987)	(10,771)
Total Unrealized Losses	(8,180)	(10,964)
Securities held-to-maturity:
Less than 12 Months, Fair Value	0	1,021
12 Months or More, Fair Value	29,068	29,404
Total Fair Value	29,068	30,425
Less than 12 Months, Unrecognized Losses	0	(6)
12 Months or More, Unrecognized Losses	(2,549)	(3,097)
Total Unrecognized Losses	(2,549)	(3,103)
U.S. asset backed securities
Securities available-for-sale:
Less than 12 Months, Fair Value	15,386	4,981
12 Months or More, Fair Value	3,701	6,195
Total Fair Value	19,087	11,176
Less than 12 Months, Unrealized Losses	(87)	(25)
12 Months or More, Unrealized Losses	(103)	(188)
Total Unrealized Losses	(190)	(213)
U.S. government agency MBS
Securities available-for-sale:
Less than 12 Months, Fair Value	5,191	4,864
12 Months or More, Fair Value	8,220	8,170
Total Fair Value	13,411	13,034
Less than 12 Months, Unrealized Losses	(30)	(35)
12 Months or More, Unrealized Losses	(295)	(445)
Total Unrealized Losses	(325)	(480)
U.S. government agency CMO
Securities available-for-sale:
Less than 12 Months, Fair Value	3,006	2,687
12 Months or More, Fair Value	18,934	16,886
Total Fair Value	21,940	19,573
Less than 12 Months, Unrealized Losses	(37)	(36)
12 Months or More, Unrealized Losses	(1,631)	(2,241)
Total Unrealized Losses	(1,668)	(2,277)
State and municipal securities
Securities available-for-sale:
Less than 12 Months, Fair Value	0	0
12 Months or More, Fair Value	35,982	36,216
Total Fair Value	35,982	36,216
Less than 12 Months, Unrealized Losses	0	0
12 Months or More, Unrealized Losses	(3,561)	(3,877)
Total Unrealized Losses	(3,561)	(3,877)
Securities held-to-maturity:
Less than 12 Months, Fair Value	0	1,021
12 Months or More, Fair Value	29,068	29,404
Total Fair Value	29,068	30,425
Less than 12 Months, Unrecognized Losses	0	(6)
12 Months or More, Unrecognized Losses	(2,549)	(3,097)
Total Unrecognized Losses	(2,549)	(3,103)
U.S. Treasuries
Securities available-for-sale:
Less than 12 Months, Fair Value	0	0
12 Months or More, Fair Value	19,201	30,422
Total Fair Value	19,201	30,422
Less than 12 Months, Unrealized Losses	0	0
12 Months or More, Unrealized Losses	(1,340)	(2,560)
Total Unrealized Losses	(1,340)	(2,560)
Non-U.S. government agency CMO
Securities available-for-sale:
Less than 12 Months, Fair Value	3,010	1,127
12 Months or More, Fair Value	5,455	6,065
Total Fair Value	8,465	7,192
Less than 12 Months, Unrealized Losses	(2)	(4)
12 Months or More, Unrealized Losses	(319)	(548)
Total Unrealized Losses	(321)	(552)
Corporate bonds
Securities available-for-sale:
Less than 12 Months, Fair Value	1,673	907
12 Months or More, Fair Value	7,464	6,288
Total Fair Value	9,137	7,195
Less than 12 Months, Unrealized Losses	(37)	(93)
12 Months or More, Unrealized Losses	(738)	(912)
Total Unrealized Losses	$ (775)	$ (1,005)

Securities - Contractual Maturi

Securities - Contractual Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Contractual Maturities, Available-for-sale, Amortized Cost
Due in one year or less	$ 0
Due after one year through five years	20,542
Due after five years through ten years	24,592
Due after ten years	62,812
Subtotal	107,946
Mortgage-related securities	71,062
Amortized cost	179,008	$ 156,492
Contractual Maturities, Available-for-sale, Fair Value
Due in one year or less	0
Due after one year through five years	19,201
Due after five years through ten years	23,719
Due after ten years	59,516
Subtotal	102,436
Mortgage-related securities	69,132
Fair value	171,568	146,019
Contractual Maturities, Held-to-maturity, Amortized Cost
Due in one year or less	0
Due after one year through five years	2,017
Due after five years through ten years	5,781
Due after ten years	26,035
Subtotal	33,833
Mortgage-related securities	0
Amortized cost	33,833	35,781
Contractual Maturities, Held-to-maturity, Fair Value
Due in one year or less	0
Due after one year through five years	2,014
Due after five years through ten years	5,102
Due after ten years	24,207
Subtotal	31,323
Mortgage-related securities	0
Total	$ 31,323	$ 32,730

Loans and Other Finance Recei_3

Loans and Other Finance Receivables - Loans Outstanding by Category (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Loans Receivable
Total loans and other finance receivables	$ 2,003,460	$ 1,888,448
Residential mortgage real estate loans accounted under fair value option, at fair value	13,965	13,726
Residential mortgage real estate loans accounted under fair value option, at amortized cost	15,344	16,198
Unearned lease income included in leases, net	(11,085)	(19,210)
Unamortized deferred loan origination costs, net of deferred fees	4,936	7,358
Real estate loans:
Loans Receivable
Total loans and other finance receivables	1,396,061	1,321,194
Real estate loans: | Commercial mortgage
Loans Receivable
Total loans and other finance receivables	800,938	737,863
Real estate loans: | Home equity lines and loans
Loans Receivable
Total loans and other finance receivables	86,967	76,287
Real estate loans: | Residential mortgage
Loans Receivable
Total loans and other finance receivables	257,604	260,604
Real estate loans: | Construction
Loans Receivable
Total loans and other finance receivables	250,552	246,440
Commercial and industrial
Loans Receivable
Total loans and other finance receivables	363,854	302,891
Small business loans
Loans Receivable
Total loans and other finance receivables	156,499	142,342
Consumer
Loans Receivable
Total loans and other finance receivables	342	389
Leases, net
Loans Receivable
Total loans and other finance receivables	$ 86,704	$ 121,632

Loans and Other Finance Recei_4

Loans and Other Finance Receivables - Age Analysis of Past Due Loans and Leases (Details) $ in Thousands	Sep. 30, 2024 USD ($) loan	Dec. 31, 2023 USD ($) loan
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	$ 2,003,460	$ 1,888,448
Total accruing loans and leases	1,958,317	1,854,685
Nonaccrual loans and leases	$ 45,143	$ 33,763
% Delinquent	2.67%	2.10%
Residential mortgage real estate loans accounted under fair value option, at fair value	$ 13,965	$ 13,726
Home equity lines and loans
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	1,213	1,037
Residential mortgage
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	8,942	4,536
Construction
Age Analysis of Past Due Loans and Leases
Nonaccrual loans and leases	3,305	1,206
Real estate loans:
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	1,396,061	1,321,194
Real estate loans: | Commercial mortgage
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	800,938	737,863
Total accruing loans and leases	800,087	737,863
Nonaccrual loans and leases	$ 851	$ 0
% Delinquent	0.11%	0.08%
Real estate loans: | Home equity lines and loans
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	$ 86,967	$ 76,287
Total accruing loans and leases	85,754	75,250
Nonaccrual loans and leases	$ 1,213	$ 1,037
% Delinquent	2.37%	2.10%
Real estate loans: | Residential mortgage
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	$ 257,604	$ 260,604
Total accruing loans and leases	248,662	256,068
Nonaccrual loans and leases	$ 8,942	$ 4,536
% Delinquent	3.61%	2.16%
Real estate loans: | Construction
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	$ 250,552	$ 246,440
Total accruing loans and leases	247,247	245,234
Nonaccrual loans and leases	$ 3,305	$ 1,206
% Delinquent	3.27%	0.49%
Commercial and industrial
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	$ 363,854	$ 302,891
Total accruing loans and leases	348,712	287,478
Nonaccrual loans and leases	$ 15,142	$ 15,413
% Delinquent	4.27%	5.09%
Small business loans
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	$ 156,499	$ 142,342
Total accruing loans and leases	142,697	132,902
Nonaccrual loans and leases	$ 13,802	$ 9,440
% Delinquent	8.82%	7.69%
Consumer
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	$ 342	$ 389
Total accruing loans and leases	342	389
Nonaccrual loans and leases	$ 0	$ 0
% Delinquent	0%	0%
Loans in process of foreclosure, number of loans | loan	3	4
Loans in process of foreclosure, amount	$ 1,100	$ 937
Leases, net
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	86,704	121,632
Total accruing loans and leases	84,816	119,501
Nonaccrual loans and leases	$ 1,888	$ 2,131
% Delinquent	4.33%	3.56%
30-89 days past due
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	$ 8,375	$ 5,936
30-89 days past due | Real estate loans: | Commercial mortgage
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	0	571
30-89 days past due | Real estate loans: | Home equity lines and loans
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	847	566
30-89 days past due | Real estate loans: | Residential mortgage
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	369	1,103
30-89 days past due | Real estate loans: | Construction
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	4,892	0
30-89 days past due | Residential mortgage | Residential mortgage
Age Analysis of Past Due Loans and Leases
Residential mortgage real estate loans accounted under fair value option, at fair value	0	0
30-89 days past due | Commercial and industrial
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	402	0
30-89 days past due | Small business loans
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	0	1,499
30-89 days past due | Consumer
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	0	0
30-89 days past due | Leases, net
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	1,865	2,197
Current
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	1,949,942	1,848,749
Current | Real estate loans: | Commercial mortgage
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	800,087	737,292
Current | Real estate loans: | Home equity lines and loans
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	84,907	74,684
Current | Real estate loans: | Residential mortgage
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	248,293	254,965
Current | Real estate loans: | Construction
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	242,355	245,234
Current | Residential mortgage | Residential mortgage
Age Analysis of Past Due Loans and Leases
Residential mortgage real estate loans accounted under fair value option, at fair value	13,600	12,900
Current | Commercial and industrial
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	348,310	287,478
Current | Small business loans
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	142,697	131,403
Current | Consumer
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	342	389
Current | Leases, net
Age Analysis of Past Due Loans and Leases
Total loans and other finance receivables	82,951	117,304
Nonaccrual | Residential mortgage | Residential mortgage
Age Analysis of Past Due Loans and Leases
Residential mortgage real estate loans accounted under fair value option, at fair value	$ 361	$ 786

Loans and Other Finance Recei_5

Loans and Other Finance Receivables - Schedule of Financing Receivables, Nonaccrual (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual without ACL	$ 22,576	$ 15,860
Nonaccrual with ACL	22,567	17,903
Nonaccrual loans and leases	45,143	33,763
Commercial mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	851	0
Home equity lines and loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	1,213	1,037
Residential mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	8,942	4,536
Construction
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	3,305	1,206
Real estate loans: | Commercial mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual without ACL	851	0
Nonaccrual with ACL	0	0
Nonaccrual loans and leases	851	0
Real estate loans: | Home equity lines and loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual without ACL	1,213	1,037
Nonaccrual with ACL	0	0
Nonaccrual loans and leases	1,213	1,037
Real estate loans: | Residential mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual without ACL	8,813	4,536
Nonaccrual with ACL	129	0
Nonaccrual loans and leases	8,942	4,536
Real estate loans: | Construction
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual without ACL	3,305	1,206
Nonaccrual with ACL	0	0
Nonaccrual loans and leases	3,305	1,206
Commercial and industrial
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual without ACL	179	3,343
Nonaccrual with ACL	14,963	12,070
Nonaccrual loans and leases	15,142	15,413
Small business loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual without ACL	6,327	3,607
Nonaccrual with ACL	7,475	5,833
Nonaccrual loans and leases	13,802	9,440
Leases, net
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual without ACL	1,888	2,131
Nonaccrual with ACL	0	0
Nonaccrual loans and leases	$ 1,888	$ 2,131

Loans and Other Finance Recei_6

Loans and Other Finance Receivables - Schedule of Non-Accruing Collateral-Dependent Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	$ 45,143	$ 33,763
Commercial mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	851	0
Home equity lines and loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	1,213	1,037
Residential mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	8,942	4,536
Construction
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	3,305	1,206
Commercial and industrial
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	15,142	15,413
Small business loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	13,802	9,440
Leases, net
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	1,888	2,131
Real estate
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	26,605	14,989
Real estate | Commercial mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	851	0
Real estate | Home equity lines and loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	1,213	1,037
Real estate | Residential mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	8,942	4,536
Real estate | Construction
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	3,305	1,206
Real estate | Commercial and industrial
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	1,344	1,890
Real estate | Small business loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	10,950	6,320
Real estate | Leases, net
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	0	0
Equipment and other
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	18,538	18,774
Equipment and other | Commercial mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	0	0
Equipment and other | Home equity lines and loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	0	0
Equipment and other | Residential mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	0	0
Equipment and other | Construction
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	0	0
Equipment and other | Commercial and industrial
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	13,798	13,523
Equipment and other | Small business loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	2,852	3,120
Equipment and other | Leases, net
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans and leases	$ 1,888	$ 2,131

Allowance for Credit Losses - R

Allowance for Credit Losses - Roll-forward of Allowance by Portfolio Segment (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended		12 Months Ended
	Jul. 17, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		$ 21,703	$ 20,242	$ 22,107	$ 18,828	$ 18,828
Initial PCD on purchased loan	$ 574	574		574
Charge-offs		(2,440)	(1,009)	(9,236)	(3,661)
Recoveries		152	95	524	308
Provision (recovery of provision) for credit losses		1,976	355	7,996	2,612
Ending balance		21,965	19,683	21,965	19,683	22,107
Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					1,596	1,596
Commercial mortgage
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		3,676	3,249	4,375	4,095	4,095
Initial PCD on purchased loan		0		0
Charge-offs		0	0	0	0	0
Recoveries		0	0	0	0
Provision (recovery of provision) for credit losses		(33)	916	(732)	596
Ending balance		3,643	4,165	3,643	4,165	4,375
Commercial mortgage | Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					(526)	(526)
Home equity lines and loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		1,114	790	998	188	188
Initial PCD on purchased loan		0		0
Charge-offs		0	0	(86)	(87)	(87)
Recoveries		1	2	29	5
Provision (recovery of provision) for credit losses		(10)	153	164	400
Ending balance		1,105	945	1,105	945	998
Home equity lines and loans | Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					439	439
Residential mortgage
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		1,059	1,047	1,020	948	948
Initial PCD on purchased loan		0		0
Charge-offs		0	0	0	0	0
Recoveries		0	0	0	0
Provision (recovery of provision) for credit losses		(78)	157	(39)	239
Ending balance		981	1,204	981	1,204	1,020
Residential mortgage | Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					17	17
Construction
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		591	1,294	485	3,075	3,075
Initial PCD on purchased loan		0		0
Charge-offs		0	0	0	0	0
Recoveries		0	0	0	0
Provision (recovery of provision) for credit losses		(12)	(453)	94	(471)
Ending balance		579	841	579	841	485
Construction | Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					(1,763)	(1,763)
Commercial and industrial
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		4,811	2,241	4,518	4,012	4,012
Initial PCD on purchased loan		574		574
Charge-offs		(107)	(130)	(1,935)	(130)	(266)
Recoveries		0	1	2	57
Provision (recovery of provision) for credit losses		601	267	2,720	(537)
Ending balance		5,879	2,379	5,879	2,379	4,518
Discount on repurchase of commercial loan	574	574
Increase in non-performing loans	$ 2,100
Commercial and industrial | Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					(1,023)	(1,023)
Small business loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		7,498	6,869	7,005	4,909	4,909
Initial PCD on purchased loan		0		0
Charge-offs		(1,104)	(272)	(2,583)	(598)	(1,488)
Recoveries		41	1	108	1
Provision (recovery of provision) for credit losses		732	(511)	2,637	664
Ending balance		7,167	6,086	7,167	6,086	7,005
Small business loans | Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					1,110	1,110
Consumer
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		0	0	0	3	3
Initial PCD on purchased loan		0		0
Charge-offs		(2)	(1)	(3)	(1)	(2)
Recoveries		1	1	3	3
Provision (recovery of provision) for credit losses		1	0	0	(2)
Ending balance		0	0	0	0	0
Consumer | Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					(3)	(3)
Leases, net
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		2,954	4,753	3,706	1,598	1,598
Initial PCD on purchased loan		0		0
Charge-offs		(1,227)	(606)	(4,629)	(2,845)	(4,033)
Recoveries		109	90	382	242
Provision (recovery of provision) for credit losses		775	(174)	3,152	1,723
Ending balance		$ 2,611	$ 4,063	$ 2,611	4,063	3,706
Leases, net | Adjustment to initially apply ASU No. 2016-13 for CECL
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance					$ 3,345	$ 3,345

Allowance for Credit Losses - P

Allowance for Credit Losses - Provision for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]
Provision for credit losses - funded loans	$ 1,976	$ 355	$ 7,996	$ 2,612
Provision (recovery) for credit losses - unfunded loans	306	(273)	(168)	(426)
Total provision for credit losses	$ 2,282	$ 82	$ 7,828	$ 2,186

Allowance for Credit Losses - A

Allowance for Credit Losses - Allowance Allocated by Portfolio Segment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	$ 6,759		$ 6,496
Allowance on loans and leases collectively evaluated for impairment	15,206		15,611
Total allowance on loans and leases	21,965	$ 21,703	22,107	$ 19,683	$ 20,242	$ 18,828
Carrying value of loans and leases individually evaluated for impairment	44,782		32,977
Carrying value of loans and leases collectively evaluated for impairment	1,944,713		1,841,745
Total on carrying value of loans and leases	1,989,495		1,874,722
Commercial mortgage
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	3,643		4,375
Total allowance on loans and leases	3,643	3,676	4,375	4,165	3,249	4,095
Carrying value of loans and leases individually evaluated for impairment	851		0
Carrying value of loans and leases collectively evaluated for impairment	800,087		737,863
Total on carrying value of loans and leases	800,938		737,863
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	1,105		998
Total allowance on loans and leases	1,105	1,114	998	945	790	188
Carrying value of loans and leases individually evaluated for impairment	1,213		1,037
Carrying value of loans and leases collectively evaluated for impairment	85,754		75,250
Total on carrying value of loans and leases	86,967		76,287
Residential mortgage
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	9		0
Allowance on loans and leases collectively evaluated for impairment	972		1,020
Total allowance on loans and leases	981	1,059	1,020	1,204	1,047	948
Carrying value of loans and leases individually evaluated for impairment	8,581		3,750
Carrying value of loans and leases collectively evaluated for impairment	235,058		243,128
Total on carrying value of loans and leases	243,639		246,878
Construction
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	579		485
Total allowance on loans and leases	579	591	485	841	1,294	3,075
Carrying value of loans and leases individually evaluated for impairment	3,305		1,206
Carrying value of loans and leases collectively evaluated for impairment	247,247		245,234
Total on carrying value of loans and leases	250,552		246,440
Commercial and industrial
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	3,903		3,691
Allowance on loans and leases collectively evaluated for impairment	1,976		827
Total allowance on loans and leases	5,879	4,811	4,518	2,379	2,241	4,012
Carrying value of loans and leases individually evaluated for impairment	15,142		15,413
Carrying value of loans and leases collectively evaluated for impairment	348,712		287,478
Total on carrying value of loans and leases	363,854		302,891
Small business loans
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	2,847		2,805
Allowance on loans and leases collectively evaluated for impairment	4,320		4,200
Total allowance on loans and leases	7,167	7,498	7,005	6,086	6,869	4,909
Carrying value of loans and leases individually evaluated for impairment	13,802		9,440
Carrying value of loans and leases collectively evaluated for impairment	142,697		132,902
Total on carrying value of loans and leases	156,499		142,342
Consumer
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 allowance on loans and leases	0	0	0	0	0	3
Carrying value of loans and leases individually evaluated for impairment	0		0
Carrying value of loans and leases collectively evaluated for impairment	342		389
Total on carrying value of loans and leases	342		389
Leases, net
Impaired Loans
Allowance on loans and leases individually evaluated for impairment	0		0
Allowance on loans and leases collectively evaluated for impairment	2,611		3,706
Total allowance on loans and leases	2,611	$ 2,954	3,706	$ 4,063	$ 4,753	$ 1,598
Carrying value of loans and leases individually evaluated for impairment	1,888		2,131
Carrying value of loans and leases collectively evaluated for impairment	84,816		119,501
Total on carrying value of loans and leases	$ 86,704		$ 121,632

Allowance for Credit Losses - C

Allowance for Credit Losses - Carrying Value Based on Year of Origination and Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Loans and Leases by Credit Ratings
Loans and other finance receivables, net of fees and costs	$ 2,008,396		$ 2,008,396		$ 1,895,806
Year-to-date gross charge-offs	(2,440)	$ (1,009)	(9,236)	$ (3,661)
Residential mortgage real estate loans accounted under fair value option, at fair value	13,965		13,965		13,726
Evaluated by performance status
Loans and Leases by Credit Ratings
Year One	13,622		13,622		72,275
Year One, charge-offs			0		(128)
Year Two	65,577		65,577		213,533
Year Two, charge-offs			(713)		(2,165)
Year Three	188,633		188,633		53,795
Year Three, charge-offs			(2,865)		(1,450)
Year Four	39,426		39,426		17,592
Year Four, charge-offs			(842)		(290)
Year Five	13,308		13,308		2,679
Year Five, charge-offs			(209)		(33)
Prior	16,153		16,153		15,266
Prior, charge-offs			0		0
Revolving Loans	80,933		80,933		70,046
Revolving Loans, charge-offs			(89)		(56)
Loans and other finance receivables, net of fees and costs	417,652		417,652		445,186
Year-to-date gross charge-offs			(4,718)		(4,122)
Performing
Loans and Leases by Credit Ratings
Year One	13,493		13,493		72,012
Year Two	65,098		65,098		210,989
Year Three	184,868		184,868		53,427
Year Four	38,189		38,189		16,330
Year Five	12,090		12,090		2,679
Prior	12,045		12,045		13,909
Revolving Loans	79,673		79,673		68,649
Loans and other finance receivables, net of fees and costs	405,456		405,456		437,995
Nonperforming
Loans and Leases by Credit Ratings
Year One	129		129		263
Year Two	479		479		2,544
Year Three	3,765		3,765		368
Year Four	1,237		1,237		1,262
Year Five	1,218		1,218		0
Prior	4,108		4,108		1,357
Revolving Loans	1,260		1,260		1,397
Loans and other finance receivables, net of fees and costs	12,196		12,196		7,191
Evaluated based on credit quality indicators
Loans and Leases by Credit Ratings
Year One	243,091		243,091		236,944
Year One, charge-offs			0		(209)
Year Two	223,688		223,688		315,940
Year Two, charge-offs			(725)		(55)
Year Three	273,248		273,248		252,137
Year Three, charge-offs			(1,551)		0
Year Four	218,096		218,096		152,463
Year Four, charge-offs			(140)		(13)
Year Five	142,612		142,612		76,296
Year Five, charge-offs			(182)		(912)
Prior	242,685		242,685		198,661
Prior, charge-offs			(1,324)		0
Revolving Loans Converted to Term Loans	1,301		1,301		1,301
Revolving Loans Converted to Term Loans, charge-offs			0		0
Revolving Loans	227,122		227,122		195,794
Revolving Loans, charge-offs			(596)		(565)
Loans and other finance receivables, net of fees and costs	1,571,843		1,571,843		1,429,536
Year-to-date gross charge-offs			(4,518)		(1,754)
Pass/Watch
Loans and Leases by Credit Ratings
Year One	243,002		243,002		236,195
Year Two	220,152		220,152		314,408
Year Three	252,664		252,664		242,241
Year Four	206,389		206,389		145,007
Year Five	133,533		133,533		69,509
Prior	217,690		217,690		170,088
Revolving Loans Converted to Term Loans	634		634		634
Revolving Loans	203,968		203,968		170,210
Loans and other finance receivables, net of fees and costs	1,478,032		1,478,032		1,348,292
Special Mention
Loans and Leases by Credit Ratings
Year One	89		89		500
Year Two	2,035		2,035		9
Year Three	14,315		14,315		1,329
Year Four	0		0		5,334
Year Five	4,354		4,354		4,852
Prior	9,005		9,005		15,665
Revolving Loans Converted to Term Loans	667		667		667
Revolving Loans	5,549		5,549		9,678
Loans and other finance receivables, net of fees and costs	36,014		36,014		38,034
Substandard
Loans and Leases by Credit Ratings
Year One	0		0		249
Year Two	1,501		1,501		1,523
Year Three	6,269		6,269		8,567
Year Four	11,707		11,707		2,122
Year Five	4,725		4,725		1,935
Prior	15,990		15,990		12,908
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	17,605		17,605		15,906
Loans and other finance receivables, net of fees and costs	57,797		57,797		43,210
Commercial mortgage
Loans and Leases by Credit Ratings
Year One	92,898		92,898		106,541
Year One, charge-offs			0		0
Year Two	100,202		100,202		160,302
Year Two, charge-offs			0		0
Year Three	170,358		170,358		159,218
Year Three, charge-offs			0		0
Year Four	143,288		143,288		101,960
Year Four, charge-offs			0		0
Year Five	102,541		102,541		62,358
Year Five, charge-offs			0		0
Prior	190,282		190,282		145,557
Prior, charge-offs			0		0
Revolving Loans Converted to Term Loans	1,178		1,178		1,178
Revolving Loans Converted to Term Loans, charge-offs			0		0
Revolving Loans	191		191		749
Revolving Loans, charge-offs			0		0
Loans and other finance receivables, net of fees and costs	800,938		800,938		737,863
Year-to-date gross charge-offs	0	0	0	0	0
Commercial mortgage | Pass/Watch
Loans and Leases by Credit Ratings
Year One	92,898		92,898		106,341
Year Two	100,002		100,002		160,302
Year Three	159,003		159,003		158,647
Year Four	143,288		143,288		97,535
Year Five	97,750		97,750		56,382
Prior	179,056		179,056		133,349
Revolving Loans Converted to Term Loans	511		511		511
Revolving Loans	191		191		423
Loans and other finance receivables, net of fees and costs	772,699		772,699		713,490
Commercial mortgage | Special Mention
Loans and Leases by Credit Ratings
Year One	0		0		0
Year Two	0		0		0
Year Three	11,355		11,355		0
Year Four	0		0		4,425
Year Five	4,354		4,354		4,341
Prior	7,960		7,960		9,975
Revolving Loans Converted to Term Loans	667		667		667
Revolving Loans	0		0		0
Loans and other finance receivables, net of fees and costs	24,336		24,336		19,408
Commercial mortgage | Substandard
Loans and Leases by Credit Ratings
Year One	0		0		200
Year Two	200		200		0
Year Three	0		0		571
Year Four	0		0		0
Year Five	437		437		1,635
Prior	3,266		3,266		2,233
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	0		0		326
Loans and other finance receivables, net of fees and costs	3,903		3,903		4,965
Construction
Loans and Leases by Credit Ratings
Year One	51,341		51,341		67,776
Year One, charge-offs			0		0
Year Two	68,925		68,925		88,737
Year Two, charge-offs			0		0
Year Three	48,139		48,139		23,122
Year Three, charge-offs			0		0
Year Four	15,311		15,311		27,336
Year Four, charge-offs			0		0
Year Five	17,728		17,728		2,818
Year Five, charge-offs			0		0
Prior	11,219		11,219		7,628
Prior, charge-offs			0		0
Revolving Loans Converted to Term Loans	123		123		123
Revolving Loans Converted to Term Loans, charge-offs			0		0
Revolving Loans	37,766		37,766		28,900
Revolving Loans, charge-offs			0		0
Loans and other finance receivables, net of fees and costs	250,552		250,552		246,440
Year-to-date gross charge-offs	0	0	0	0	0
Construction | Pass/Watch
Loans and Leases by Credit Ratings
Year One	51,252		51,252		67,776
Year Two	67,740		67,740		88,737
Year Three	46,861		46,861		21,793
Year Four	13,892		13,892		27,336
Year Five	17,097		17,097		2,307
Prior	8,611		8,611		2,093
Revolving Loans Converted to Term Loans	123		123		123
Revolving Loans	34,226		34,226		25,976
Loans and other finance receivables, net of fees and costs	239,802		239,802		236,141
Construction | Special Mention
Loans and Leases by Credit Ratings
Year One	89		89		0
Year Two	1,185		1,185		0
Year Three	319		319		1,329
Year Four	0		0		0
Year Five	0		0		511
Prior	0		0		4,329
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	0		0		2,924
Loans and other finance receivables, net of fees and costs	1,593		1,593		9,093
Construction | Substandard
Loans and Leases by Credit Ratings
Year One	0		0		0
Year Two	0		0		0
Year Three	959		959		0
Year Four	1,419		1,419		0
Year Five	631		631		0
Prior	2,608		2,608		1,206
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	3,540		3,540		0
Loans and other finance receivables, net of fees and costs	9,157		9,157		1,206
Commercial and industrial
Loans and Leases by Credit Ratings
Year One	69,935		69,935		26,814
Year One, charge-offs			0		(209)
Year Two	26,101		26,101		38,757
Year Two, charge-offs			(607)		(55)
Year Three	27,451		27,451		27,429
Year Three, charge-offs			0		0
Year Four	23,082		23,082		8,449
Year Four, charge-offs			0		(2)
Year Five	8,977		8,977		4,448
Year Five, charge-offs			0		0
Prior	34,645		34,645		44,556
Prior, charge-offs			(1,324)		0
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans Converted to Term Loans, charge-offs			0		0
Revolving Loans	173,663		173,663		152,438
Revolving Loans, charge-offs			(4)		0
Loans and other finance receivables, net of fees and costs	363,854		363,854		302,891
Year-to-date gross charge-offs	(107)	(130)	(1,935)	(130)	(266)
Commercial and industrial | Pass/Watch
Loans and Leases by Credit Ratings
Year One	69,935		69,935		26,314
Year Two	25,251		25,251		38,748
Year Three	20,941		20,941		24,523
Year Four	20,751		20,751		8,449
Year Five	8,977		8,977		4,148
Prior	23,484		23,484		33,726
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	155,987		155,987		131,304
Loans and other finance receivables, net of fees and costs	325,326		325,326		267,212
Commercial and industrial | Special Mention
Loans and Leases by Credit Ratings
Year One	0		0		500
Year Two	850		850		9
Year Three	2,641		2,641		0
Year Four	0		0		0
Year Five	0		0		0
Prior	1,045		1,045		1,361
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	5,549		5,549		6,440
Loans and other finance receivables, net of fees and costs	10,085		10,085		8,310
Commercial and industrial | Substandard
Loans and Leases by Credit Ratings
Year One	0		0		0
Year Two	0		0		0
Year Three	3,869		3,869		2,906
Year Four	2,331		2,331		0
Year Five	0		0		300
Prior	10,116		10,116		9,469
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	12,127		12,127		14,694
Loans and other finance receivables, net of fees and costs	28,443		28,443		27,369
Small business loans
Loans and Leases by Credit Ratings
Year One	28,917		28,917		35,813
Year One, charge-offs			0		0
Year Two	28,460		28,460		28,144
Year Two, charge-offs			(118)		0
Year Three	27,300		27,300		42,368
Year Three, charge-offs			(1,551)		0
Year Four	36,415		36,415		14,718
Year Four, charge-offs			(140)		(11)
Year Five	13,366		13,366		6,672
Year Five, charge-offs			(182)		(912)
Prior	6,539		6,539		920
Prior, charge-offs			0		0
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans Converted to Term Loans, charge-offs			0		0
Revolving Loans	15,502		15,502		13,707
Revolving Loans, charge-offs			(592)		(565)
Loans and other finance receivables, net of fees and costs	156,499		156,499		142,342
Year-to-date gross charge-offs	(1,104)	(272)	(2,583)	(598)	(1,488)
Small business loans | Pass/Watch
Loans and Leases by Credit Ratings
Year One	28,917		28,917		35,764
Year Two	27,159		27,159		26,621
Year Three	25,859		25,859		37,278
Year Four	28,458		28,458		11,687
Year Five	9,709		9,709		6,672
Prior	6,539		6,539		920
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	13,564		13,564		12,507
Loans and other finance receivables, net of fees and costs	140,205		140,205		131,449
Small business loans | Special Mention
Loans and Leases by Credit Ratings
Year One	0		0		0
Year Two	0		0		0
Year Three	0		0		0
Year Four	0		0		909
Year Five	0		0		0
Prior	0		0		0
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	0		0		314
Loans and other finance receivables, net of fees and costs	0		0		1,223
Small business loans | Substandard
Loans and Leases by Credit Ratings
Year One	0		0		49
Year Two	1,301		1,301		1,523
Year Three	1,441		1,441		5,090
Year Four	7,957		7,957		2,122
Year Five	3,657		3,657		0
Prior	0		0		0
Revolving Loans Converted to Term Loans	0		0		0
Revolving Loans	1,938		1,938		886
Loans and other finance receivables, net of fees and costs	16,294		16,294		9,670
Home equity lines and loans
Loans and Leases by Credit Ratings
Year One	564		564		343
Year One, charge-offs			0		0
Year Two	335		335		795
Year Two, charge-offs			0		0
Year Three	771		771		314
Year Three, charge-offs			0		0
Year Four	303		303		352
Year Four, charge-offs			0		0
Year Five	335		335		2,191
Year Five, charge-offs			0		(33)
Prior	3,759		3,759		2,295
Prior, charge-offs			0		0
Revolving Loans	80,900		80,900		69,997
Revolving Loans, charge-offs			(86)		(54)
Loans and other finance receivables, net of fees and costs	86,967		86,967		76,287
Year-to-date gross charge-offs	0	0	(86)	(87)	(87)
Home equity lines and loans | Performing
Loans and Leases by Credit Ratings
Year One	564		564		343
Year Two	335		335		795
Year Three	771		771		314
Year Four	212		212		352
Year Five	335		335		2,191
Prior	3,417		3,417		2,295
Revolving Loans	79,640		79,640		68,600
Loans and other finance receivables, net of fees and costs	85,274		85,274		74,890
Home equity lines and loans | Nonperforming
Loans and Leases by Credit Ratings
Year One	0		0		0
Year Two					0
Year Three					0
Year Four	91		91		0
Year Five					0
Prior	342		342		0
Revolving Loans	1,260		1,260		1,397
Loans and other finance receivables, net of fees and costs	1,693		1,693		1,397
Residential mortgage
Loans and Leases by Credit Ratings
Year One	12,753		12,753		48,576
Year One, charge-offs			0		0
Year Two	47,448		47,448		155,569
Year Two, charge-offs			0		0
Year Three	145,827		145,827		22,237
Year Three, charge-offs			0		0
Year Four	18,244		18,244		7,303
Year Four, charge-offs			0		0
Year Five	7,219		7,219		456
Year Five, charge-offs			0		0
Prior	12,148		12,148		12,737
Prior, charge-offs			0		0
Revolving Loans	0		0		0
Revolving Loans, charge-offs			0		0
Loans and other finance receivables, net of fees and costs	243,639		243,639		246,878
Year-to-date gross charge-offs	0	0	0	0	0
Residential mortgage | Performing
Loans and Leases by Credit Ratings
Year One	12,624		12,624		48,576
Year Two	47,201		47,201		154,219
Year Three	143,220		143,220		22,237
Year Four	17,481		17,481		6,260
Year Five	6,150		6,150		456
Prior	8,382		8,382		11,380
Revolving Loans	0		0		0
Loans and other finance receivables, net of fees and costs	235,058		235,058		243,128
Residential mortgage | Nonperforming
Loans and Leases by Credit Ratings
Year One	129		129		0
Year Two	247		247		1,350
Year Three	2,607		2,607		0
Year Four	763		763		1,043
Year Five	1,069		1,069		0
Prior	3,766		3,766		1,357
Revolving Loans	0		0		0
Loans and other finance receivables, net of fees and costs	8,581		8,581		3,750
Consumer
Loans and Leases by Credit Ratings
Year One	0		0		39
Year One, charge-offs			0		0
Year Two	38		38		35
Year Two, charge-offs			0		0
Year Three	25		25		0
Year Three, charge-offs			0		0
Year Four	0		0		0
Year Four, charge-offs			0		0
Year Five	0		0		32
Year Five, charge-offs			0		0
Prior	246		246		234
Prior, charge-offs			0		0
Revolving Loans	33		33		49
Revolving Loans, charge-offs			(3)		(2)
Loans and other finance receivables, net of fees and costs	342		342		389
Year-to-date gross charge-offs	(2)	(1)	(3)	(1)	(2)
Consumer | Performing
Loans and Leases by Credit Ratings
Year One	0		0		39
Year Two	38		38		35
Year Three	25		25		0
Year Four	0		0		0
Year Five	0		0		32
Prior	246		246		234
Revolving Loans	33		33		49
Loans and other finance receivables, net of fees and costs	342		342		389
Consumer | Nonperforming
Loans and Leases by Credit Ratings
Year One	0		0		0
Year Two	0		0		0
Year Three	0		0		0
Year Four	0		0		0
Year Five	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Loans and other finance receivables, net of fees and costs	0		0		0
Leases, net
Loans and Leases by Credit Ratings
Year One	305		305		23,317
Year One, charge-offs			0		(128)
Year Two	17,756		17,756		57,134
Year Two, charge-offs			(713)		(2,165)
Year Three	42,010		42,010		31,244
Year Three, charge-offs			(2,865)		(1,450)
Year Four	20,879		20,879		9,937
Year Four, charge-offs			(842)		(290)
Year Five	5,754		5,754		0
Year Five, charge-offs			(209)		0
Prior	0		0		0
Prior, charge-offs			0		0
Revolving Loans	0		0		0
Revolving Loans, charge-offs			0		0
Loans and other finance receivables, net of fees and costs	86,704		86,704		121,632
Year-to-date gross charge-offs	(1,227)	$ (606)	(4,629)	$ (2,845)	(4,033)
Leases, net | Performing
Loans and Leases by Credit Ratings
Year One	305		305		23,054
Year Two	17,524		17,524		55,940
Year Three	40,852		40,852		30,876
Year Four	20,496		20,496		9,718
Year Five	5,605		5,605		0
Prior	0		0		0
Revolving Loans	0		0		0
Loans and other finance receivables, net of fees and costs	84,782		84,782		119,588
Leases, net | Nonperforming
Loans and Leases by Credit Ratings
Year One	0		0		263
Year Two	232		232		1,194
Year Three	1,158		1,158		368
Year Four	383		383		219
Year Five	149		149		0
Prior	0		0		0
Revolving Loans	0		0		0
Loans and other finance receivables, net of fees and costs	$ 1,922		$ 1,922		$ 2,044

Allowance for Credit Losses - M

Allowance for Credit Losses - Modifications to Debtors Experiencing Financial Difficulty (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($) modification loan	Sep. 30, 2023 USD ($) loan modification	Sep. 30, 2024 USD ($) loan modification	Sep. 30, 2023 USD ($) loan modification
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Number of Loans | loan	3	3	11	4
Amortized Cost Basis	$ 876	$ 1,517	$ 4,301	$ 3,924
Related Reserve	0	$ 0	$ 0	$ 0
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Number of Loans | loan		2	8	3
Amortized Cost Basis	0	$ 306	$ 4,977	$ 1,712
Related Reserve	$ 0	$ 77	$ 942	$ 499
Modifications granted to borrowers | modification	3	5	14	7
Number of loans defaulted during the period | loan	1	0	2	0
Small business loans
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Number of Loans | loan	2	3	5	3
Amortized Cost Basis	$ 557	$ 1,517	$ 1,245	$ 1,517
Percentage of Total Class of Financing Receivable (as a percent)	0.40%	1.10%	0.80%	1.10%
Related Reserve	$ 0	$ 0	$ 0	$ 0
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Number of Loans | loan		2	4	2
Amortized Cost Basis	$ 0	$ 306	$ 2,701	$ 306
Percentage of Total Class of Financing Receivable (as a percent)	0	0.002	0.017	0.002
Related Reserve	$ 0	$ 77	$ 942	$ 77
Construction
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Number of Loans | loan	1	0	1	0
Amortized Cost Basis	$ 319	$ 0	$ 319	$ 0
Percentage of Total Class of Financing Receivable (as a percent)	0.10%	0%	0.10%	0%
Related Reserve	$ 0	$ 0	$ 0	$ 0
Commercial and industrial
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Number of Loans | loan			5	1
Amortized Cost Basis			$ 2,737	$ 2,407
Percentage of Total Class of Financing Receivable (as a percent)			0.80%	0.80%
Related Reserve			$ 0	$ 0
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Number of Loans | loan			4	1
Amortized Cost Basis			$ 2,276	$ 1,406
Percentage of Total Class of Financing Receivable (as a percent)			0.006	0.005
Related Reserve			$ 0	$ 422

Short-Term Borrowings and Lon_2

Short-Term Borrowings and Long-Term Debt - Additional Information (Details)	9 Months Ended
	Sep. 30, 2024 USD ($) borrowingFacility	Dec. 31, 2023 USD ($)
Short-Term Borrowings
Borrowings	$ 100,614,000	$ 141,224,000
Letters of credit
Short-Term Borrowings
Maximum borrowing capacity	684,000,000	626,800,000
Proceeds from long term debt	$ 162,400,000
Fed Funds Overnight Borrowing
Short-Term Borrowings
Number of borrowing facilities | borrowingFacility	5
Borrowings	$ 0	0
Federal funds purchased, facility two
Short-Term Borrowings
Maximum borrowing capacity	56,000,000
Federal Reserve discount window
Short-Term Borrowings
Maximum borrowing capacity	6,000,000
Borrowings	0	0
ACBB Holding Company Revolving LOC
Short-Term Borrowings
Maximum borrowing capacity	5,000,000
Borrowings	$ 1,500,000	$ 0

Short-Term Borrowings and Lon_3

Short-Term Borrowings and Long-Term Debt - Short-term Borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Short-Term Borrowings
Short term borrowings	$ 100,614	$ 141,224
FHLB Open Repo Plus Weekly
Short-Term Borrowings
Interest rate	5.18%
Short term borrowings	$ 75,204	104,792
FRB BTFP Advances
Short-Term Borrowings
Interest rate	4.76%
Short term borrowings	$ 0	33,000
ACBB Holding Company Revolving LOC
Short-Term Borrowings
Interest rate	8.25%
Short term borrowings	$ 1,500	0
Mid-term Repo Fixed Maturing On 09/30/2024
Short-Term Borrowings
Interest rate	4.60%
Short term borrowings	$ 0	3,432
Mid-term Repo Fixed Maturing On 10/25/2024
Short-Term Borrowings
Interest rate	5.03%
Short term borrowings	$ 8,097	0
Mid-term Repo Fixed Maturing On 01/27/2025
Short-Term Borrowings
Interest rate	4.85%
Short term borrowings	$ 8,000	0
Mid-term Repo Fixed Maturing On 02/24/2025
Short-Term Borrowings
Interest rate	5.35%
Short term borrowings	$ 7,813	$ 0

Short-Term Borrowings and Lon_4

Short-Term Borrowings and Long-Term Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Mid-term Repo Fixed
Long Term Debt
Long-term debt	$ 44,266	$ 33,672
Mid-term Repo Fixed Maturing On 12/22/2025
Long Term Debt
Interest rate	4.23%
Long-term debt	$ 8,935	8,935
Mid-term Repo Fixed Maturing On 05/20/2027
Long Term Debt
Interest rate	4.70%
Long-term debt	$ 10,594	0
Mid-term Repo Fixed Maturing On 10/14/2025
Long Term Debt
Interest rate	5.16%
Long-term debt	$ 9,492	9,492
Mid Term Repo Fixed Maturing On 7/14/2026
Long Term Debt
Interest rate	4.57%
Long-term debt	$ 15,245	$ 15,245

Servicing Assets - Residential

Servicing Assets - Residential Mortgage Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Servicing Assets at Fair Value [Line Items]
Servicing assets held for sale	$ 6,609		$ 6,609		$ 0
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period			11,748
Balance at end of the period	4,364		4,364
Mortgage Servicing Rights
Servicing Assets at Fair Value [Line Items]
Loans serviced	905,000		905,000		945,200
Servicing fee income	572	$ 612	1,700	$ 1,900
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period	8,026	9,238	8,621	9,942
Servicing rights capitalized	48	9	80	9
Amortization of servicing rights	(292)	(319)	(919)	(1,025)
Change in valuation allowance - recovery	0	0	0	2
Balance at end of the period	7,782	8,928	7,782	8,928
SBA Loan Servicing Rights
Servicing Assets at Fair Value [Line Items]
Loans serviced	239,300		239,300		$ 225,800
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period	3,315	2,955	3,127	2,404
Servicing rights capitalized	208	373	661	1,099
Amortization of servicing rights	(325)	(243)	(785)	(690)
Change in valuation allowance - recovery	(7)	(178)	188	94
Balance at end of the period	3,191	2,907	3,191	2,907
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Valuation allowance, beginning of period	(73)	(92)	(268)	(364)
Impairment	(7)	(178)	(7)	(178)
Recovery	0	0	195	272
Valuation allowance, end of period	$ (80)	$ (270)	$ (80)	$ (270)

Servicing Assets - MSR Sensitiv

Servicing Assets - MSR Sensitivity Analysis (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
SBA Loan Servicing Rights
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	$ 3,575	$ 3,376
Weighted average life	3 years 2 months 12 days	3 years 6 months
Prepayment speed	16.94%	14.70%
Impact on fair value of a 10% adverse change in prepayment speed	$ (159)	$ (125)
Impact on fair value of a 20% adverse change in prepayment speed	$ (305)	$ (241)
Discount rate	13.04%	14.66%
Impact on fair value of a 10% adverse change in the discount rate	$ (79)	$ (74)
Impact on fair value of a 20% adverse change in the discount rate	(156)	(145)
Mortgage Servicing Rights
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	$ 10,315	$ 11,221
Weighted average life	43 months	28 months
Prepayment speed	11.68%	8.57%
Impact on fair value of a 10% adverse change in prepayment speed	$ (446)	$ (506)
Impact on fair value of a 20% adverse change in prepayment speed	$ (859)	$ (973)
Discount rate	9.50%	9.50%
Impact on fair value of a 10% adverse change in the discount rate	$ (1,009)	$ (415)
Impact on fair value of a 20% adverse change in the discount rate	$ (1,369)	$ (799)

Servicing Assets - Residentia_2

Servicing Assets - Residential Mortgage Loan MSR Sale (Details) - USD ($) $ in Thousands		2 Months Ended	12 Months Ended
	Oct. 31, 2024	Jan. 02, 2025	Oct. 31, 2025	Sep. 30, 2024	Dec. 31, 2023
Residential Mortgage Loan MSR Sale | Forecast
Servicing Assets at Fair Value [Line Items]
Cash proceeds from sale of residential mortgage loan services rights		$ 534	$ 534
Residential Mortgage Loan MSR Sale | Subsequent event
Servicing Assets at Fair Value [Line Items]
Loan servicing rights to held for sale	$ 6,600
Loans serviced	777,200
Cash proceeds from sale of residential mortgage loan services rights	9,600
Mortgage Servicing Rights
Servicing Assets at Fair Value [Line Items]
Loans serviced				$ 905,000	$ 945,200
Mortgage Servicing Rights | Subsequent event
Servicing Assets at Fair Value [Line Items]
Loans serviced	$ 905,000

Servicing Assets - SBA Loans (D

Servicing Assets - SBA Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period			$ 11,748
Balance at end of the period	$ 4,364		4,364
SBA Loan Servicing Rights
Servicing Assets at Fair Value [Line Items]
Loans serviced	239,300		239,300		$ 225,800
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of the period	3,315	$ 2,955	3,127	$ 2,404
Servicing rights capitalized	208	373	661	1,099
Amortization of servicing rights	(325)	(243)	(785)	(690)
Change in valuation allowance	(7)	(178)	188	94
Balance at end of the period	3,191	2,907	3,191	2,907
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Valuation allowance, beginning of period	(73)	(92)	(268)	(364)
Impairment	(7)	(178)	(7)	(178)
Recovery	0	0	195	272
Valuation allowance, end of period	$ (80)	$ (270)	$ (80)	$ (270)

Servicing Assets - SBA Sensitiv

Servicing Assets - SBA Sensitivity Analysis (Details) - SBA Loan Servicing Rights - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
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	$ 3,575	$ 3,376
Weighted average life	3 years 2 months 12 days	3 years 6 months
Prepayment speed	16.94%	14.70%
Impact on fair value of a 10% adverse change in prepayment speed	$ (159)	$ (125)
Impact on fair value of a 20% adverse change in prepayment speed	$ (305)	$ (241)
Discount rate	13.04%	14.66%
Impact on fair value of a 10% adverse change in the discount rate	$ (79)	$ (74)
Impact on fair value of a 20% adverse change in the discount rate	$ (156)	$ (145)

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	Sep. 30, 2024	Dec. 31, 2023
Assets
Fair value	$ 171,568	$ 146,019
Equity investments	2,166	2,121
U.S. asset backed securities
Assets
Fair value	30,871	16,824
U.S. government agency MBS
Assets
Fair value	21,972	22,634
U.S. government agency CMO
Assets
Fair value	34,564	19,573
State and municipal securities
Assets
Fair value	37,520	36,216
Non-U.S. government agency CMO
Assets
Fair value	12,596	13,155
Corporate bonds
Assets
Fair value	14,843	7,195
Recurring
Assets
Equity investments	2,166	2,121
Mortgage loans held for sale	46,602	24,816
Mortgage loans held for investment	13,965	13,726
Total	237,517	190,424
Liabilities
Total	3,818	3,613
Recurring | U.S. asset backed securities
Assets
Fair value	30,871	16,824
Recurring | U.S. government agency MBS
Assets
Fair value	21,972	22,634
Recurring | U.S. government agency CMO
Assets
Fair value	34,564	19,573
Recurring | State and municipal securities
Assets
Fair value	37,520	36,216
Recurring | U.S. Treasuries
Assets
Fair value	19,202	30,422
Recurring | Non-U.S. government agency CMO
Assets
Fair value	12,596	13,155
Recurring | Corporate bonds
Assets
Fair value	14,843	7,195
Recurring | Interest Rate Lock Commitments
Assets
Derivative assets, Fair value	419	214
Liabilities
Derivative Liability	50	17
Recurring | Forward Commitments
Assets
Derivative assets, Fair value	15
Liabilities
Derivative Liability	9	41
Recurring | Customer Derivatives - Interest Rate Swaps
Assets
Derivative assets, Fair value	2,775	3,528
Liabilities
Derivative Liability	2,796	3,544
Recurring | Fair Value Hedge
Assets
Derivative assets, Fair value	7
Recurring | Risk Participation Agreements
Liabilities
Derivative Liability	78	11
Recurring | Interest rate swaps
Liabilities
Derivative Liability	885
Recurring | Level 1
Assets
Equity investments	0	0
Mortgage loans held for sale	0	0
Mortgage loans held for investment	0	0
Total	19,202	30,422
Liabilities
Total	0	0
Recurring | Level 1 | U.S. asset backed securities
Assets
Fair value	0	0
Recurring | Level 1 | U.S. government agency MBS
Assets
Fair value	0	0
Recurring | Level 1 | U.S. government agency CMO
Assets
Fair value	0	0
Recurring | Level 1 | State and municipal securities
Assets
Fair value	0	0
Recurring | Level 1 | U.S. Treasuries
Assets
Fair value	19,202	30,422
Recurring | Level 1 | Non-U.S. government agency CMO
Assets
Fair value	0	0
Recurring | Level 1 | Corporate bonds
Assets
Fair value	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
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 1 | Fair Value Hedge
Assets
Derivative assets, Fair value	0
Recurring | Level 1 | Risk Participation Agreements
Liabilities
Derivative Liability	0	0
Recurring | Level 1 | Interest rate swaps
Liabilities
Derivative Liability	0
Recurring | Level 2
Assets
Equity investments	2,166	2,121
Mortgage loans held for sale	46,602	24,816
Mortgage loans held for investment	13,965	13,726
Total	217,896	159,788
Liabilities
Total	3,768	3,596
Recurring | Level 2 | U.S. asset backed securities
Assets
Fair value	30,871	16,824
Recurring | Level 2 | U.S. government agency MBS
Assets
Fair value	21,972	22,634
Recurring | Level 2 | U.S. government agency CMO
Assets
Fair value	34,564	19,573
Recurring | Level 2 | State and municipal securities
Assets
Fair value	37,520	36,216
Recurring | Level 2 | U.S. Treasuries
Assets
Fair value	0	0
Recurring | Level 2 | Non-U.S. government agency CMO
Assets
Fair value	12,596	13,155
Recurring | Level 2 | Corporate bonds
Assets
Fair value	14,843	7,195
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	15
Liabilities
Derivative Liability	9	41
Recurring | Level 2 | Customer Derivatives - Interest Rate Swaps
Assets
Derivative assets, Fair value	2,775	3,528
Liabilities
Derivative Liability	2,796	3,544
Recurring | Level 2 | Fair Value Hedge
Assets
Derivative assets, Fair value	7
Recurring | Level 2 | Risk Participation Agreements
Liabilities
Derivative Liability	78	11
Recurring | Level 2 | Interest rate swaps
Liabilities
Derivative Liability	885
Recurring | Level 3
Assets
Equity investments	0	0
Mortgage loans held for sale	0	0
Mortgage loans held for investment	0	0
Total	419	214
Liabilities
Total	50	17
Recurring | Level 3 | U.S. asset backed securities
Assets
Fair value	0	0
Recurring | Level 3 | U.S. government agency MBS
Assets
Fair value	0	0
Recurring | Level 3 | U.S. government agency CMO
Assets
Fair value	0	0
Recurring | Level 3 | State and municipal securities
Assets
Fair value	0	0
Recurring | Level 3 | U.S. Treasuries
Assets
Fair value	0	0
Recurring | Level 3 | Non-U.S. government agency CMO
Assets
Fair value		0
Recurring | Level 3 | Corporate bonds
Assets
Fair value	0	0
Recurring | Level 3 | Interest Rate Lock Commitments
Assets
Derivative assets, Fair value	419	214
Liabilities
Derivative Liability	50	17
Recurring | Level 3 | Forward Commitments
Assets
Derivative assets, Fair value	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
Recurring | Level 3 | Fair Value Hedge
Assets
Derivative assets, Fair value	0
Recurring | Level 3 | Risk Participation Agreements
Liabilities
Derivative Liability	0	$ 0
Recurring | Level 3 | Interest rate swaps
Liabilities
Derivative Liability	$ 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	Sep. 30, 2024	Dec. 31, 2023
Financial assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	$ 7,782	$ 8,621
SBA loan servicing rights	3,191	3,127
Total	26,775	24,700
Commercial and industrial
Financial assets measured at fair value on a nonrecurring basis
Impaired loans	11,059	9,818
Small business loans
Financial assets measured at fair value on a nonrecurring basis
Impaired loans	$ 4,743	$ 3,134

Fair Value Measurements and D_5

Fair Value Measurements and Disclosures - Level 3 Valuation (Details) - Level 3 - Valuation, Income Approach - Measurement Input, Appraised Value $ in Thousands	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	$ 15,802	$ 12,952
Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, measurement input (as a percent)	0.02	0.02
Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, measurement input (as a percent)	0.33	0.33

Fair Value Measurements and D_6

Fair Value Measurements and Disclosures - Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financial assets:
Loans at fair value	$ 13,965	$ 13,726
Level 1 | Carrying amount
Financial assets:
Cash and cash equivalents	32,347	56,697
Level 1 | Fair value
Financial assets:
Cash and cash equivalents	32,347	56,697
Level 2 | Carrying amount
Financial assets:
Mortgage loans held for sale	46,602	24,816
Mortgage loans held for investment	13,965	13,726
Financial liabilities:
Deposits	1,978,927	1,823,462
Borrowings	144,880	174,896
Subordinated debentures	49,928	49,836
Level 2 | Fair value
Financial assets:
Mortgage loans held for sale	46,602	24,816
Mortgage loans held for investment	13,965	13,726
Financial liabilities:
Deposits	2,019,200	1,834,700
Borrowings	158,600	176,400
Subordinated debentures	49,831	50,223
Level 3 | Carrying amount
Financial assets:
Loans at fair value	1,994,431	1,882,080
Level 3 | Fair value
Financial assets:
Loans at fair value	$ 1,949,333	$ 1,832,558

Fair Value Measurements and D_7

Fair Value Measurements and Disclosures - Fair Value on a Recurring Basis (Details) - Interest Rate Lock Commitments - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of the period	$ 451	$ 261	$ 214	$ 87
Increase in value	(32)	(32)	205	142
Balance at end of the period	$ 419	$ 229	$ 419	$ 229

Fair Value Measurements and D_8

Fair Value Measurements and Disclosures - Valuation Techniques for Level 3 Interest Rate Lock (Details) - Interest Rate Lock Commitments - Level 3 - Valuation Technique, Consensus Pricing Model $ in Thousands	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset	$ 419	$ 214
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]
Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input (as a percent)	0.01	0.01
Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input (as a percent)	0.99	0.99
Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input (as a percent)	0.8307	0.7948

Derivative Financial Instrume_3

Derivative Financial Instruments - Notional Amounts and Fair Values of Derivative Financial Instruments (Details) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Jun. 30, 2023 USD ($) derivative_instrument	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Aug. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Derivative Financial Instruments
Number of interest rate swaps entered into | derivative_instrument	3
Notional Amount		$ 305,654		$ 305,654			$ 226,652
Unrealized gains (losses), net of tax recorded in total comprehensive income		(1,163)	$ 497	(264)	$ 825
Asset (Liability) Fair Value		(602)		(602)			(410)
Net fair value (losses) gains on derivative financial instruments		(1,593)	693	(162)	1,241
Interest Rate Swap, One
Derivative Financial Instruments
Notional Amount	$ 25,000
Fixed interest rate (as a percent)	4.07%
Interest Rate Swap, Two
Derivative Financial Instruments
Notional Amount	$ 25,000
Fixed interest rate (as a percent)	4.027%
Interest Rate Swap, Three
Derivative Financial Instruments
Notional Amount	$ 25,000
Fixed interest rate (as a percent)	4.117%
Interest Rate Lock Commitments
Derivative Financial Instruments
Notional Amount		73,955		73,955			39,134
Asset (Liability) Fair Value		369		369			197
Net fair value (losses) gains on derivative financial instruments		(30)	29	172	138
Interest Rate Lock Commitments | Other assets
Derivative Financial Instruments
Notional Amount		64,979		64,979			33,735
Asset (Liability) Fair Value		419		419			214
Interest Rate Lock Commitments | Other liabilities
Derivative Financial Instruments
Notional Amount		8,976		8,976			5,399
Asset (Liability) Fair Value		(50)		(50)			(17)
Forward Commitments
Derivative Financial Instruments
Notional Amount		11,000		11,000			4,250
Asset (Liability) Fair Value		6		6			(41)
Forward Commitments | Other assets
Derivative Financial Instruments
Notional Amount		6,750		6,750			0
Asset (Liability) Fair Value		15		15			0
Forward Commitments | Other liabilities
Derivative Financial Instruments
Notional Amount		4,250		4,250			4,250
Asset (Liability) Fair Value		(9)		(9)			(41)
Customer Derivatives - Interest Rate Swaps
Derivative Financial Instruments
Notional Amount		98,286		98,286			101,186
Asset (Liability) Fair Value		(21)		(21)			(16)
Net fair value (losses) gains on derivative financial instruments		(30)	33	(5)	19
Customer Derivatives - Interest Rate Swaps | Other assets
Derivative Financial Instruments
Notional Amount		49,143		49,143			50,593
Asset (Liability) Fair Value		2,775		2,775			3,528
Customer Derivatives - Interest Rate Swaps | Other liabilities
Derivative Financial Instruments
Notional Amount		49,143		49,143			50,593
Asset (Liability) Fair Value		(2,796)		(2,796)			(3,544)
Customer Derivatives - Risk Participation Agreements
Derivative Financial Instruments
Notional Amount		7,413		7,413			7,082
Asset (Liability) Fair Value		(78)		(78)			(11)
Net fair value (losses) gains on derivative financial instruments		(46)	6	(38)	11
Customer Derivatives - Risk Participation Agreements | Other assets
Derivative Financial Instruments
Notional Amount		0		0			0
Asset (Liability) Fair Value		0		0			0
Customer Derivatives - Risk Participation Agreements | Other liabilities
Derivative Financial Instruments
Notional Amount		7,413		7,413			7,082
Asset (Liability) Fair Value		(78)		(78)			(11)
Fair Value Hedge
Derivative Financial Instruments
Notional Amount		40,000		40,000		$ 40,000	0
Fixed interest rate (as a percent)						3.60%
Asset (Liability) Fair Value		7		7			0
Net fair value (losses) gains on derivative financial instruments		7	0	7	0
Fair Value Hedge | Other assets
Derivative Financial Instruments
Notional Amount		40,000		40,000			0
Asset (Liability) Fair Value		7		7			0
Fair Value Hedge | Other liabilities
Derivative Financial Instruments
Notional Amount		0		0			0
Asset (Liability) Fair Value		0		0			0
Interest rate swaps
Derivative Financial Instruments
Notional Amount		75,000		75,000			75,000
Asset (Liability) Fair Value		(885)		(885)			(539)
Net fair value (losses) gains on derivative financial instruments		(1,498)	$ 588	(346)	$ 1,023
Interest rate swaps | Other assets
Derivative Financial Instruments
Notional Amount		0		0			0
Asset (Liability) Fair Value		0		0			0
Interest rate swaps | Other liabilities
Derivative Financial Instruments
Notional Amount		75,000		75,000			75,000
Asset (Liability) Fair Value		$ (885)		$ (885)			$ (539)

Derivative Financial Instrume_4

Derivative Financial Instruments - Fair Value Gains and Losses on Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	$ (1,593)	$ 693	$ (162)	$ 1,241
Realized (losses) gains on derivatives	(197)	82	(279)	81
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	(30)	29	172	138
Forward Commitments
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	4	37	47	50
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	(30)	33	(5)	19
Customer Derivatives - Risk Participation Agreements
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	(46)	6	(38)	11
Fair Value Hedge
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	7	0	7	0
Interest rate swaps
Summary of the fair value gains and losses on derivative financial instruments
Net fair value (losses) gains on derivative financial instruments	$ (1,498)	$ 588	$ (346)	$ 1,023

Segments (Details)

Segments (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) office	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Segments
Number of loan production offices | office			8
Net-interest Income:
Net interest income	$ 18,242	$ 17,224	$ 51,697	$ 52,001
Provision for credit losses	2,282	82	7,828	2,186
Net interest income after provision for credit losses	15,960	17,142	43,869	49,815
Non-interest Income
Mortgage banking income	6,474	4,819	15,528	13,143
Wealth management income	1,447	1,258	4,208	3,689
SBA loan income	544	982	2,315	3,463
Net change in fair values	1,032	(356)	1,080	(544)
Net loss on hedging activity	(197)	82	(279)	81
Other	1,531	1,301	5,207	4,016
Total non-interest income	10,831	8,086	28,059	23,848
Total non-interest expense	20,546	20,018	57,738	57,422
Income (loss) before income taxes	6,245	5,210	14,190	16,241
Total Assets	2,387,721	2,230,971	2,387,721	2,230,971	$ 2,246,193
Bank
Net-interest Income:
Net interest income	18,151	17,205	51,528	51,928
Provision for credit losses	2,282	82	7,828	2,186
Net interest income after provision for credit losses	15,869	17,123	43,700	49,742
Non-interest Income
Mortgage banking income	(7)	80	147	221
Wealth management income	0	0	1	0
SBA loan income	544	982	2,315	3,463
Net change in fair values	(76)	38	(42)	30
Net loss on hedging activity	0	0	0	0
Other	897	658	2,487	1,982
Total non-interest income	1,358	1,758	4,908	5,696
Total non-interest expense	13,287	12,564	37,962	35,608
Income (loss) before income taxes	3,940	6,317	10,646	19,830
Total Assets	2,319,072	2,177,145	2,319,072	2,177,145
Wealth
Net-interest Income:
Net interest income	46	(15)	76	(12)
Provision for credit losses	0	0	0	0
Net interest income after provision for credit losses	46	(15)	76	(12)
Non-interest Income
Mortgage banking income	0	0	0	0
Wealth management income	1,447	1,258	4,207	3,689
SBA loan income	0	0	0	0
Net change in fair values	0	0	0	0
Net loss on hedging activity	0	0	0	0
Other	0	0	0	0
Total non-interest income	1,447	1,258	4,207	3,689
Total non-interest expense	840	826	2,479	2,704
Income (loss) before income taxes	653	417	1,804	973
Total Assets	10,543	8,833	10,543	8,833
Mortgage
Net-interest Income:
Net interest income	45	34	93	85
Provision for credit losses	0	0	0	0
Net interest income after provision for credit losses	45	34	93	85
Non-interest Income
Mortgage banking income	6,481	4,739	15,381	12,922
Wealth management income	0	0	0	0
SBA loan income	0	0	0	0
Net change in fair values	1,108	(394)	1,122	(574)
Net loss on hedging activity	(197)	82	(279)	81
Other	634	643	2,720	2,034
Total non-interest income	8,026	5,070	18,944	14,463
Total non-interest expense	6,419	6,628	17,297	19,110
Income (loss) before income taxes	1,652	(1,524)	1,740	(4,562)
Total Assets	$ 58,106	$ 44,993	$ 58,106	$ 44,993